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15 <br /> • ORANGE COUNTY <br /> BOARD OF COMMISSIONERS CC 1 - <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: January 29,2001 <br /> Action AoWa <br /> Rom No. _ <br /> SUBJECT: Community College Task Force Report and Financial Information <br /> DEPARTMENT: County Commissioners PUBLIC HEARING: (YIN) No <br /> County Manager <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Moses Carey, Jr.. <br /> Community College Task Force Report John link,ext.2300 <br /> Community College Financial Information TELEPHONE NUMBERS: <br /> Hillsborough 732-8181 <br /> Chapel Hill 968.4501 <br /> Durham 688-7331 <br /> Mebane 336-227.2031 <br /> PURPOSE: To give the BOCC the opportunity to continue discussions on the Community <br /> College Task Force report,the financial considerations associated with an Orange County <br /> satellite community college campus, and other related issues. <br /> BACKGROUND: The BOCC received the Community College Task Force report during <br /> November of last year. The Task Force report recommended to the Orange County Board of <br /> Commissioners that a satellite campus of Durham Technical Community College be established <br /> in Orange County. A satelike.compus would: <br /> 0 serve the more than 6500 residents who take one or more classes at a community <br /> college each year,acid <br /> 0 er a aateway�o�the future_for-midentsby- re comprehensive, <br /> centralized location for adult training and education services in the County. <br /> The BOCC later received some additional financial information related to a satellite community . <br /> oilogo camposln-Orange County. Acopy-o e-Task- -repor —and the flnancr <br /> information is attached for reference purposes. <br /> FINANCIAL IMPACT! Although there Is lateTinanc ial impact-.assodated further <br /> discussion on a potential satellite community college campus, it should be noted that the <br /> General Assembly has earmarked $4,000,000 for an Orange County Satellite Campus of <br /> Durham Technical Community College that would have to be matched,dollar-for-dollar,with <br /> localfunds ome possibiliti -forlac-al u�nding include generatt—obligat n bonds;mstamen-F <br /> financing, earmarking of additional dedicated pay-as-you-go revenues, in-kind expedithres,and ' <br /> contributions from the Towns and local businesses. <br /> Thursday,April 11,2002(4).max <br />