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15 <br /> 1 Slide #18 <br /> FY2024-34 Recommended Capital Investment Plan <br /> • Significant Long Range Projects <br /> — Millhouse Road Park <br /> • Planned Cooperative Project with Town of Chapel Hill with Construction in FY2026-27 <br /> New 3ro Party Interest in Partnership May Want to Advance Timing <br /> • Total Cost of Phase 1-$3.45 <br /> Estimated Partner Contributions-$2.3 million <br /> • County Share of Phase 1-$1.15 million <br /> — Additional School Capital Needs <br /> • Total School Capital Needs-$1 billion <br /> Continued Planning and Vigilance <br /> — County Facility Long Range Facility Plan <br /> • Total Ten Year Recommendation-$130 million <br /> • Justice System Space Workgroup <br /> • Continued Planning Vigilance <br /> 18 ORANGE <br /> ORTH CA OUN,A Y <br /> 2 <br /> 3 <br /> 4 Slide #19 <br /> FY2024-34 Recommended Capital Investment Plan <br /> • Schedule for Consideration <br /> Introduction of the Capital Investment Plan April 2 <br /> — Work Session on Capital Investment Plan April 9 <br /> Further Consideration through Budget Work Sessions May-June <br /> Approval of the Operating and Capital Budget June 18 <br /> 19 ORANGE <br /> ORTH CA OUNq Y <br /> 5 <br /> 6 Commissioner Fowler asked if the bond is approved and the first tranche is spent but they <br /> 7 aren't ready to spend the others, would the borrowing be pushed back. <br /> 8 Travis Myren said everything would be project dependent. <br /> 9 Chair Bedford asked if it is better to ask questions tonight so that staff can research before <br /> 10 the CIP work session the following week. <br />