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15 <br /> 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 31d 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 Vigilance1 <br /> 18 ORAN HE COUNTY <br /> 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 /> ORANGE COUNTY <br /> 19 NORTH CAROLINA <br /> Commissioner Fowler asked if the bond is approved and the first tranche is spent but they <br /> aren't ready to spend the others, would the borrowing be pushed back. <br /> Travis Myren said everything would be project dependent. <br /> Chair Bedford asked if it is better to ask questions tonight so that staff can research before <br /> the CIP work session the following week. <br />