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 Commissioner work <br /> sessions in April, May and June 2002. <br /> FINANCIAL IMPACT: There is no financial impact of conducting the CIP public hearing. As <br /> indicated earlier in this abstract, the long range capital plan totals $276.9 million with funding <br /> coming from a variety of revenue sources (examples include 2001 voter approved bonds, <br /> alternative financing methods such as loans, School Construction Impact Fees, '/2 Cent Sales <br /> 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). <br />