Orange County NC Website
• 2 <br /> During the public hearings, staff will provide a brief presentation highlighting major components <br /> of the proposed long-range capital plan. Following the public comment period, staff will be <br /> available to respond to citizen and Commissioner comments or questions. Further discussion <br /> and adoption of the 2002-12 CIP are tentatively scheduled for Board of Commissioners' work <br /> sessions in April, May and June 2002. <br /> FINANCIAL IMPACT: There is no financial impact associated with conducting the CIP public <br /> hearing. As indicated earlier in this abstract, the long range capital plan totals $278.5 million <br /> with funding coming from a variety of revenue sources (examples include 2001 voter approved <br /> bonds, alternative financing methods such as loans, School Construction Impact Fees, Y2 Cent <br /> Sales Taxes). <br /> RECOMMENDATION(S): The Manager recommends that the Board conduct the public <br /> hearing for the County's 2002-12 Capital Investment Plan (CIP) and set an additional public <br /> hearing on the plan for April 16, 2002. <br />