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35 <br /> The 203 Project—Debt Analysis <br /> .bt M. ....I w� ..If h <br /> ORAhIGE C2UN TY <br /> The 203 Project—Tax Equivalent Analysis <br /> T.Egnmdent Debt analysis <br /> in Comer,$I0a Vela . <br /> O,RAA Eu OMY <br /> The 203 Project— Board Action <br /> • Approve one or more of the 103 Greensboro Street Project <br /> options Mimed above to eliminate a projected S1,BOL 160 <br /> p4ea deficit <br /> • Itnecessaty,authorize staff to present a budget amendment at <br /> an upcoming meeting to effectuate the changes. <br /> r 'I IIT <br /> Commissioner Fowler referred to parking, and asked if these numbers were reached <br /> through discussions with the construction manager. She said if the first twenty spaces are <br /> removed, it adjusts the cost by$400,000, but removing the next 20 adjusts the cost by <br /> $780,000. She asked if there is a reason for this difference. <br /> Travis Myren said removing spots in increments of 40 adjusts the building's core and the <br /> elevator would not have to go up as far. He said this adjusts the building's infrastructure. <br /> Chair Price referred to the Justice Center generator, and asked if the impacts of deleting <br /> this could be identified. <br /> Travis Myren said the Sheriff's department is the only area of the Justice Center with an <br /> emergency generator. He said if the power is out, court cannot meet until power is restored. <br /> He said the new Clerk of Court requested the generator. <br /> Commissioner Dorosin said he is most in favor of the last option, with offsetting capital <br /> costs, and reduced incremental debt service by $85,000 a year. He said the County is currently <br /> giving over$568,000 to Chapel Hill Library. He said if$85,000 is taken out of this funding, it <br /> would cover the debt service increase. He said the money would still be related to library <br />