Orange County NC Website
Browse       Search
3 <br /> Attachment 1 <br /> Orange County, North Carolina -- Notice of Public Hearing <br /> 2023 Installment Financing for Various Projects <br /> The Board of Commissioners (the "Board") of Orange County (the "County"), <br /> North Carolina, will hold a public hearing on May 2, 2023, at 7:00 p.m. (or as soon <br /> thereafter as the matter may be heard). The purpose of the hearing is to take public <br /> comment concerning a proposed financing contract, under which the County would <br /> borrow an amount expected not to exceed $16,500,000 to pay for the various public <br /> improvements and acquisitions shown below, and to pay financing costs: <br /> Project Est.Amount ($) <br /> School Projects (Combined for both Orange <br /> County and Chapel Hill - Carrboro Schools) 9,449,740 <br /> County Vehicles 1,742,927 <br /> Roof and Building Facade Projects 1,431,681 <br /> HVAC Projects 1,084,341 <br /> County IT Projects 897,070 <br /> Emergency Services Warehouse 583,757 <br /> County Communications System/Radio Upgrades 556,447 <br /> Facility Accessibility, Safety and Security <br /> Improvements 331,215 <br /> Emergency Services Renewals and Replacements 110,997 <br /> Project Totals 16,188,175 <br /> Financing Costs and Contingencies 311,825 <br /> TOTAL $16,500,000 <br /> The total amount financed will not exceed the amounts estimated for the <br /> project costs and financing costs. <br />