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iv. How do we finance what we <br />need? <br />2. Do we need a consultant? A professional to help <br />us figure out what needs to be done and how to <br />finance it? <br />xii. Renee: Durham Co. is going to do a bond referendum in <br />a few years for ~$440 million and are planning for it now <br />to do an overhaul of schools <br />1. Need safe and modern classrooms <br />2. Will have an impact on Orange County <br />a. Parents, teachers, and community <br />members will compare OC to Durham <br />Co. <br />3. Durham is planning videos and ambassadors to <br />share info with public and plan <br />xiii. Bonnie: Guilford did something similar with $800 <br />million bond, worked with consultant on a joint planning <br />effort and came up with $2 billion facility plan <br />1. We could ask Guilford how they did it <br />xiv. Jean: Can we use ARPA $ to hire a consultant? <br />xv. Eric: leaving CHCCS to work for a private developer to <br />manage the Guilford building project (Wake is doing the <br />same with Cumming Project Management – fees are paid <br />out of the bond) <br />1. Will be happy to come back and share <br />information about that process with this group <br />2. Will be a 10 year project over 20 schools <br />a. $500 million for life cycle replacements <br />3. Goal is to use as many Guilford County-based <br />companies as possible <br /> <br />4. Next Meeting is Wednesday, July 20, 2022 <br />a. Design Standard Policy/Guidelines for Both Districts <br /> <br />Adjourn <br /> <br />Capital Needs Work Group virtual meetings are open to the public to attend remotely. Should <br />any member of the public wish to view this meeting, please click the following link to register: <br />Capital Needs Workgroup Registration Link <br />After registering, you will receive a follow-up email which will allow you to access and view the <br />meeting. If you have any comments or questions, would like to submit any written comments to <br />the group, or would like an emailed copy of the entire agenda package for this meeting, please <br />email Rebecca Crawford at rcrawford@orangecountync.gov before 3:00 pm on June 13, 2022 <br />DocuSign Envelope ID: F3ECCCC4-11C5-4B8B-A148-28FAABFF6334