Orange County NC Website
16 <br /> 1 Slide #2 <br /> Proposed Timeline <br /> Proposed 2024 Capital Planning and Bond Referendum Schedule <br /> 1. Review schedule of approvals for a bond referendum and review Novernber9r"Work Session <br /> the County Facilities Master Plan <br /> 2. Review School Facilities Long Range Optimization Plan-Woolpert DecemberO Business Meeting <br /> 3. Review Financing Scenarios December 22111 Business Meeting <br /> 4. Approve a tentative plan for Bond Referendum January 2611 Business Meeting prod/or — <br /> January 191h Retreat <br /> S. Staff meets with Local Government Commission on tentative <br /> January/February224 <br /> Band plan <br /> 6. School Boards adapt a resolution supporting the referendum February 2424 <br /> 7. Review potential adjustments to the bond referendum plan,If March 7Business Meeting <br /> needed. March 12 Work Session <br /> March 19 Business Meeting <br /> ORANGE COUNTY <br /> 2 rvoRFM CA_RC3"r1J_A <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Proposed Timeline <br /> Proposed 2024 Capital Planning and Bond Referendum Schedule <br /> 8. BOCC adapts preliminary resclutian establishingthe band purpvse(s)and sets a not to <br /> exceed bond amount(s). Nchterthepurposenorthe not to exceed amovnt may change April 2"dB=BusinessMeeting <br /> oJiowrng this action. <br /> 5. 80CC appoints a bond education commltteeand approprlates funds for outreach April 161*SOCC Business Meeting <br /> 10. Staff publishes a notice of intent to file an application for a general obligation bond By May 1 <br /> referendum <br /> 11. Staff files bond appllcatlon with the Local Government Commisslon By May 10 <br /> 12. Bb CC Introduces bond order and schedules a public hearing May r SOCC Business Meeting <br /> 13. BOCCholds public hearing onbond referendum May 21'r8QCCftsinesaitfeedrig <br /> 14, BOCC adapts the band order,formally set the ballot-question and referendum date IJune4"^8OCCBusiness Meeting <br /> 15. Community vote on bond referendum November 5,2024 <br /> ORANGL COUNTY <br /> 1 NC)WI-H c1A.Rc3ur r_A <br /> 5 <br /> 6 Vice-Chair McKee asked when they would learn what the financial limitations are for the <br /> 7 bond. <br /> 8 Travis Myren said they would discuss this on December 4th. <br /> 9 <br />