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14 <br /> Capital Investment Plan Amendments — page 14 <br /> Tax Equivalent Debt Service Analysis <br /> in Cents per $100 Valuation <br /> Year Recommended CIP Approved 6/9 All Proposed <br /> Amendments Amendments <br /> 2021 1.37 1.37 1.37 <br /> Delayed with Emergency Measures Delayed with Emergency Measures Delayed with Emergency Measures <br /> 2022 3.48 3.44 3.44 <br /> 2023 - 0.11 - <br /> 2024 0.36 1.01 0.48 <br /> 2025 - - - <br /> TOTAL 5.21 5.93 5.29 <br /> RECOMMENDATION(S): The Manager recommends that the Board continue its discussion of <br /> the FY2020-2025 Capital Investment Plan and provide direction to staff to finalize the Plan. <br /> Commissioner Marcoplos asked if a channel repair could be defined. <br /> Travis Myren said he is not a dam expert, but he would assume it improves flow through <br /> the channel. <br /> Commissioner Marcoplos said it is his understanding that without the repair there could <br /> be flooding and property damage, and he wondered if this is accurate. <br /> Travis Myren said he would get that information. <br /> Commissioner McKee said it is an undermining of the spillway. <br /> Commissioner Greene asked if she could have some clarification on the conservation <br /> easements. She clarified that in year 2, $250,000 can be financed by the County, but she is <br /> unclear about year 3. <br /> Travis Myren said the County is currently funding conversation easements every other <br /> year, and the next year in the sequence would be year 3. He said the County would fund them <br /> this year, not next year, and then again in year 3, etc. <br /> Commissioner Greene said there is $250,000 specified in year 2. <br /> Bonnie Hammersley said that funding is for Lands Legacy. <br /> Commissioner Dorosin said it might be good to zoom out, and be reminded why this <br /> came back. He said at the end of the budget season, the Board voted to move up the Durham <br /> Tech project. He said there would be offsetting delays in the CIP to make it revenue neutral, <br /> and not raise taxes. He said the year one amount was $1 million added, and the Board voted to <br /> find the savings for year 1. He said the issue before the Board currently is figuring out savings <br /> for years 2 and 3. He said the slideshow indicates proposals from him and Commissioner Price, <br /> some of which they agreed on and others they did not. <br /> Commissioner Dorosin said the intent of moving forward with Durham Tech is to have no <br /> additional costs moving forward. He said the other thing to remember is the Board will have to <br /> do this every spring, and all projects will be funded based on actuals revenues and costs. He <br /> said he hopes the Board can support this Durham Tech item, which is consistent with the <br /> Board's critical mission focus on education in this County. <br />