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Also, let's assume we find the funding,there's the question of how to get it <br /> done. Guilford County hired 2 program managers and 13 contractors to <br /> move their plans forward, could you talk about that process? <br /> Answer: We can work with Steve and team to determine how to get <br /> presentation to boards. <br /> How to fund this thing, how to implement is the second question. We've <br /> started conversations with Finance team at County on separating out priority <br /> repairs funding and capital/renovation and replacement funding. Ideally you <br /> have pay as you go funding for your ongoing repairs and maintenance. Save <br /> indebtedness for major projects you can't spend out of annual funds. <br /> Finance will help identify what those might be and what the tax implications <br /> would be. <br /> From a project management standpoint: If we look at$1 billion over 15 year <br /> horizon. It's a lot of projects, but it's less projects than Guilford has. <br /> Guilford is 3x your size and the timeline was shorter.You probably do want <br /> some assistance to manage this, not the same level Guilford needed, but <br /> some. There's different ways to do it. You don't necessarily have to <br /> outsource everything. You can use this as an opportunity to get outside help <br /> and staff up internally. Having internal capacity to maintain the work would <br /> be recommended. A good practice I've seen clients do is to hire a handful <br /> of people who are dedicated to seeing this through and supporting it while <br /> working with external resources. <br /> 3. Discussion and Group Next Steps <br /> Jean: We should meet in November, if David and Jessica could join that'd <br /> be great. A shorter time for lingering questions to be covered. <br /> I want to talk about the ORED data: How we're projecting in the future is <br /> important, understanding models and assumptions there. <br /> Discussion of the bond:The timing is such that we need to get on it.Because <br /> of the number of steps <br /> It'll be important to have the school boards look at this. We'll also be <br /> thinking about how, when the commissioners see it on Dec 4th, that folks <br /> understand it enough that they feel comfortable enough moving forward <br /> with it. <br /> 4. Next Meeting is November 15th, 2023. <br /> Adjourn <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 />