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32 <br /> Slide #6 <br /> Construction Timeline <br /> • Services will be available on staggered schedule <br /> Phaw HumesAdd�d w• <br /> 1 2000 M2023 <br /> u <br /> E2.9CU 0ddaer29Q3 <br /> 20p] r1262ni 22B9B Joh 2624 <br /> • North State has installation resources and materials available <br /> • Reference checks indicated no concerns about budget or schedule <br /> in similar projects <br /> • Payment schedule is back loaded to provide financial incentive for <br /> full completion <br /> ORANGE COUNTY <br /> W')F ]I CAROLIN,,� <br /> Slide #7 <br /> County Contribution <br /> • Full network build will cost—$45 million <br /> County contribution-$10 million over three installments <br /> — $1.000,00-Dwkhin30d3yeofcantractaxecufico <br /> — $3,D0D,000 after enabkVconne-domW$.DODhoawsnoraisrteae December 31,2d23 <br /> — $B4O00,000eRerenablKconnectionsto the remaining 6,888homeeno later tun December <br /> 31.2024 <br /> County funds not applied to locations awarded Rural Digital <br /> Opportunity Funds(RDOF) <br /> — North State to hullo out to those Watlons with Company funding-1,9001ooallons <br /> • Recommend additiona 1$5 million in American Rescue Plan Act <br /> (ARPA)funds <br /> — Spec ifically+lotedas priority for ARPAapendirig <br /> One time grant <br /> $12.2 millon balance after North Slate grant ORANGE COUNTY <br /> WOWrl I CAROLINA <br />