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5 <br /> 1 <br /> 2 Durham Technical Community College (pie chart) <br /> 3 <br /> 4 Durham Tech Promise — page 65 <br /> 5 o Orange County Durham Tech Promise Students by Ethnicity <br /> 6 Durham Technical Community College (pie chart) <br /> 7 Durham Tech Promise — page 65 <br /> 8 o Orange County Durham Tech Promise Students by Gender <br /> 9 <br /> 10 Durham Technical Community College (pie chart) <br /> 11 Durham Tech Promise — page 65 <br /> 12 o Orange County Durham Tech Promise Students by School <br /> 13 <br /> 14 Durham Technical Community College <br /> 15 Capital Investment Plan — page 135 of CIP <br /> 16 o New Academic Building Moved to Years 6-10 <br /> 17 — $26.6 million total estimated project costs <br /> 18 — Estimated at 40,000 —45,000 square feet <br /> 19 — Additional 250 parking spaces <br /> 20 o Project Phasing <br /> 21 — Year One: Planning and Design - $1 million <br /> 22 — Year Two: Site Preparation and Construction - $14 million <br /> 23 — Year Three: Project Completion - $11.6 million <br /> 24 o Current Debt Service Satisfied in FY2027 <br /> 25 <br /> 26 Debt Service Projections - Projected Debt Service Schedule <br /> 27 <br /> 28 Debt Service to General Fund Revenue Projection <br /> 29 <br /> 30 Commissioner Dorosin said he wanted clarification about the capital project, and he <br /> 31 would like to move this project out of years 6-10, and into years 1-5. He asked if the BOCC <br /> 32 were to bring this project forward, would it need to find offsetting funds, and how would that <br /> 33 look. <br /> 34 Travis Myren said this can be looked at on a yearly basis, but the cumulative effect on <br /> 35 debt service would be for the total 5 years. <br /> 36 Commissioner Dorosin asked Dr. Ingram if the BOCC did move this project up, so year <br /> 37 1 was next year, does Durham Tech have the capacity to execute that in that timeframe. <br /> 38 Dr. Ingram said yes, and the timeframe would include some planning. <br /> 39 Commissioner Price asked if capital costs would be included in the first year, versus <br /> 40 planning being in the first year. <br /> 41 Travis Myren said the first year would be $1 million for planning and design, with <br /> 42 construction costs in years 2 and 3. <br /> 43 Commissioner Price asked if the County can borrow funds for the planning process. <br /> 44 Travis Myren said yes, as long as the funds are connected to a fairly certain capital <br /> 45 project. <br /> 46 Commissioner Price asked if this is the best time to start this project given that DTCC is <br /> 47 in search of a new President, and will be in a time of transition and a pandemic. <br /> 48 Dr. Ingram said DTCC has a high-level land use concept plan. He said the first year <br /> 49 would involve meeting with interested parties about what the programs would be. He said his <br />