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16 <br /> Slide #8 <br /> Scope Reduction — Budget Impact <br /> Budget Impact of Stop*Reduction <br /> Current Budget-ad Amount $16,818.548 <br /> Scope Reductlon Budget $15,103,215 <br /> Differen-ce - 1,715,333 <br /> - County would have sufficient budget to proceed with no budget <br /> adjustment <br /> - Based on current structure of the current Development <br /> Agreement <br /> ORANGE COUNTY <br /> MOR71[CARDLEWL <br /> Travis Myren said that these changes would be a cost savings of about $7 million dollars <br /> for the county. He said this would be less than the current budget and would not need a budget <br /> amendment. He said that there would be a necessity to revisit the development agreement. <br /> Slide #9 <br /> Next Steps <br /> Manager's Reoornmendation <br /> — Review and consider the 203 Projec4 Guaranteed Maximum Price(GMP) <br /> Questions and Discussion <br /> ORANGE COUNTY <br /> NORT][CAROLINA <br /> Commissioner Greene asked what the percentage increase is needed to match the <br /> budget with the GMP. <br />