Browse
Search
Agenda - 09-10-20; Item 2 - Follow-up Discussion on County Capital Investment Plan (CIP) Years 2 through 5
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2020
>
Agenda - 09-10-20 Virtual Work Session
>
Agenda - 09-10-20; Item 2 - Follow-up Discussion on County Capital Investment Plan (CIP) Years 2 through 5
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/4/2020 1:31:12 PM
Creation date
9/4/2020 1:11:24 PM
Metadata
Fields
Template:
BOCC
Date
9/10/2020
Meeting Type
Work Session
Document Type
Agenda
Agenda Item
Item 2
Document Relationships
Agenda - 09-10-20 Virtual Work Session
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 09-10-20 Virtual Work Session
Minutes 09-10-2020 Virtual Work Session
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
58
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: September 10, 2020 <br /> Action Agenda <br /> Item No. 2 <br /> SUBJECT: Follow-up Discussion on County Capital Investment Plan (CIP) Years 2 through 5 <br /> DEPARTMENT: County Manager & Finance <br /> and Administrative Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Attachment A — Updated List of CIP <br /> Amendments Travis Myren, 919-245-2308 <br /> Attachment B — Draft June 9, 2020 Work Gary Donaldson, 919-245-2453 <br /> Session Minutes Paul Laughton, 919-245-2151 <br /> Attachment C — Relevant CIP Project <br /> Pages <br /> Attachment D — Debt Metric Models <br /> PURPOSE: To facilitate a discussion on the outstanding amendments to the Capital Investment <br /> Plan following the Intent to Adopt work session on June 9, 2020. <br /> BACKGROUND: During the Intent to Adopt Budget work session on June 9, 2020, the Board <br /> approved amendments to the Capital Investment Plan that advanced the expansion of the <br /> Durham Technical Community College and amended several projects in Year 1 intended to <br /> offset the cost of advancing that project. The approved amendments are in bold in Attachment <br /> A — Updated List of CIP Amendments. An excerpt of the draft minutes from the work session is <br /> also included as Attachment B — Draft Minutes from June 9, 2020 Work Session. <br /> The Board chose to postpone making decisions on proposed project deferrals in Years 2 <br /> through 5 that are intended to more fully offset the cost of advancing the Durham Tech <br /> Expansion project into Years 1 — 3. The remaining proposed amendments are also included in <br /> Attachment A, and the CIP project pages that would be amended by the proposal are attached <br /> in Attachment C— Relevant CIP Project Pages. <br /> Finally, the impact of the proposed amendments on the County's debt affordability metrics is <br /> also modeled in Attachment D — Debt Metric Models. <br /> The goal of the work session is to provide sufficient direction to staff to finalize the FY2021-2025 <br /> Capital Investment Plan for final adoption. <br /> FINANCIAL IMPACT: The financial impact of adopting the proposed amendments to the <br /> Capital Investment Plan is outlined in Attachment D — Debt Metric Models. <br />
The URL can be used to link to this page
Your browser does not support the video tag.