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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: August 30, 2001 <br />' Action Agenda <br />Item No. 1 <br />_SUBJECT: Determination of Specific Final, Elements of Bond Questions <br />DEPARTMENT: County Manager/Budget PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />Table -November 2001 Bond Package <br />Development and Status <br />INFORMATION CONTACT: <br />John Link or Rod Visser, ext 2300 <br />Donna Dean, ext 2151 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 9fi8-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To complete deliberations regarding specific elements and amounts to be <br />included in each bond order for the November 6, 2001 bond referendum. <br />BACKGROUND: At the June 25, 2001 regular meeting, the Board of Commissioners <br />discussed recommendations from the Capital Needs Advisory Task Force and introduced 5 <br />bond orders for possible. inclusion in the November 6, 2001 bond referendum. These bond <br />orders, and the maximum amounts to be issued, were as follows: <br />Schools $47 million <br />Parks, Recreation, and Open Space $20 million <br />Senior Centers $ 4 million <br />Low and Moderate Income Housing $ 4 million <br />Land Acquisition $ 3 million <br />The Board also indicated its intention to hold a bond referendum totaling $75 million, although <br />the sum of the maximum amounts in the individual bond orders was $78 million. The Board's <br />discussion was that an amount between $17 and $20 million would be included on the ballot for <br />parks, recreation, and open space, and that up to $3 million might be included in a.separate <br />ballot question regarding land acquisition. The question of whether the Board will adapt four or <br />five bond orders is one of the key questions that the Board needs to decide so that actual <br />adoption of the bond orders can take place at the September 4 regular meeting: <br />The other key decisions remaining to be made involve the final amounts for the school and <br />parks/recreation/open space bond questions that will be placed on the November ballot, and the <br />specific amounts of band money earmarked for various school and parks/recreation/open space <br />projects. The Board has already made formal decisions to include in the bond referendum $4 <br />million for senior centers and $4 million for affordable housing. Tlie Board has also made a <br />formal decision to include funding for two new elementary schools in the Chapel Hill-Carrboro <br />