Agenda - 05-04-2021; 8-d - Fiscal Year 2020-21 Budget Amendment #12

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4 This budget amendment provides for the receipt of these reimbursement funds. (See Attachment 1, column #6) SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with this item. Visitors Bureau Fund 9. At its December 15, 2020 meeting, the Board of County Commissioners approved a total project budget of $408,083 for professional services, construction, contingency allowances, and miscellaneous costs for the renovation of a former restaurant at 308 West Franklin Street in Chapel Hill to create offices, meeting rooms, and support services for the Orange County Visitors Bureau. At the beginning of the renovations, evidence of mold was discovered in several locations throughout the property. The contractor obtained a quote of $80,860 for a mold remediation specialist to address the issue. This brings the total project budget to $488,943. The County has received insurance related proceeds of $40,430 related to the mold remediation, so the net funding needed for this project is $448,513. This budget amendment provides for the increased project budget to address the mold remediation, provides for the receipt of the insurance proceeds, and provides for the use of American Rescue Plan Act (ARPA) funds to cover the entire cost of the project, within the Visitors Bureau Fund, outside of the General Fund. (See Attachment 1, column #7) SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with this item. ENVIRONMENTAL IMPACT: The following Orange County Environmental Responsibility Goal impacts are applicable to this item: • RESULTANT IMPACT ON NATURAL RESOURCES AND AIR QUALITY Assess and where possible mitigate adverse impacts created to the natural resources of the site and adjoining area. Minimize production of greenhouse gases. • ENVIRONMENTALLY PREFERABLE PURCHASING Promote the use of chemicals, materials, equipment, and systems which are officially recognized as to minimize environmental impacts. ENVIRONMENTAL IMPACT: There are no other Orange County Environmental Responsibility Goal impacts with these items, other than the ones noted in item #9. FINANCIAL IMPACT: Financial impacts are included in the background information above. This budget amendment provides for the receipt of these additional funds in FY 2020-21, and increases the General Fund by $94,075, increases the County Capital Fund by $1,000, increases the Emergency Telephone System Fund by $5,708, increases the Emergency Recovery Fund by $3,750,000, increases the Multi-Year Grant Program by $25,000, and increases the Visitors Bureau Fund by $488,943. RECOMMENDATION(S): The Manager recommends the Board approve the budget, grant and capital project ordinance amendments for fiscal year 2020-21.