Agenda - 04-13-2004-10a - Laserfiche WebLink

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~o ADDENDUM TO SCHOOLS ADEQUATE PUBLIC FACILITIES MEMORANDUM OF UNDERSTANDING This Addendum to the Schools Adequate Public Facilities Memorandum of Understanding is entered into this day of , 20_, by and among the Town of Carrboro, the Town of Chapel Hill, the Chapel Hill-Carrboro City Board of Education and Orange County. WHEREAS, school membership within the high school level in the Chapel Hill-Carrboro City School District for the 2004-2005 school year is projected to exceed 110% of building capacity; and WHEREAS, a third high school for the Chapel Hill-Canboro City School District is in the planning stage, on the Orange County 10-year CIP and funding is expected to be committed to the Chapel Hill-Carrboro City Board of Education capital expense fund for this school by Orange County as a result of a combination of bond money, installment f nancing, impact fees and "pay-as-you-go" CII' revenue; and WHEREAS, it is anticipated that the third lvgh school in the Chapel Hill-Carrboro City School District will be completed arrd high school students will begin attending this school when the 2006-2007 school yeaz begins; and WHEREAS, it is in the interest of the parties to the Schools Adequate Public Facilities Memorandum of Understanding among the Town of Carrboro, the Town of Chapel Hill, the Chapel Hill-Carrboro City Board of Education and Orazige County (hereinafter "the MOU") and to the citizens of Orazrge County that the Schools Adequate Public Facilities Prograzn be implemented for° the Chapel Hill-Carrboro City School District in 2003 in tandem with the implementation of the Program for the Orange County School District; NOW, THEREFORE, the parties to this Addendum to the MOU and to the MOU hereby agree that Section 3.g. ofthe MOU is amended by deleting Section 3.g. and replacing it with the following: Section .3. The School District shall determine the amount of available capacity in each school level as of November 15°i in the base year and each November 15°i of the succeeding ten years by subtracting from the building capacity numbers for each of those years the student membership numbers for each of those years. The results shall then be compared with the number of students expected to be added to each school level as of November 15°i in each year (as determined in accordance with subsection 3.f above). The School Distict shall make that information Iaiown to the parties to this agreement within 15 days of the comparison. If the School District determines that the projected remaining capacity of each school