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Agenda 05-07-24; 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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Agenda 05-07-24; 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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5/2/2024 1:46:30 PM
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5/2/2024 2:12:14 PM
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BOCC
Date
5/7/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
5-a
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2 <br /> highest debt service payment of $2.33 million in FY 2026. The tax rate equivalent for the <br /> estimated highest debt service payment is approximately 0.67 cents. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable <br /> to this item: <br /> • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND <br /> INEQUITY <br /> The fair treatment and meaningful involvement of all people regardless of race or color; <br /> religious or philosophical beliefs; sex, gender or sexual orientation; national origin or ethnic <br /> background; age; military service; disability; and familial, residential or economic status. <br /> • GOAL: CREATE A SAFE COMMUNITY <br /> The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, gang <br /> activity, substance abuse and domestic violence. <br /> • GOAL: ENABLE FULL CIVIC PARTICIPATION <br /> Ensure that Orange County residents are able to engage government through voting and <br /> volunteering by eliminating disparities in participation and barriers to participation. <br /> ENVIRONMENTAL IMPACT: The following Orange County Environmental Responsibility Goal <br /> impacts are applicable to this item: <br /> • ENERGY EFFICIENCY AND WASTE REDUCTION <br /> Initiate policies and programs that: 1) conserve energy; 2) reduce resource consumption; <br /> 3) increase the use of recycled and renewable resources; and 4) minimize waste stream <br /> impacts on the environment. <br /> • RESULTANT IMPACT ON NATURAL RESOURCES AND AIR QUALITY <br /> Assess and where possible mitigate adverse impacts created to the natural resources of <br /> the site and adjoining area. Minimize production of greenhouse gases. <br /> RECOMMENDATION(S): The Manager recommends that the Board conduct the public hearing, <br /> receive comments, and approve the attached resolution supporting the application to the Local <br /> Government Commission for approval of the financing. <br />
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