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5 <br /> Slide#7 <br /> General Obligation Bond Timeline <br /> Proposed 2024 Capital Planning and Bond Referendum 5chedule <br /> 1. Review schedule of approvals for a bond referendum and review <br /> the County Facilities Master[plan Completed <br /> 2. Review School Facilities Long Range Optimization Plan-Woolpert Completed <br /> 3. Review Financing Scenarios Completed <br /> 4, Approve a tentative pian for Bond Referendum Completed <br /> 5. Staff meets wlth Local Government Commission on tentative <br /> Bond Ian Completed <br /> 6. 5chool Boards adopt a resolution supporting the referendum Completed <br /> 7. Revlew potentlal adjustments to the bond referendum plan,if <br /> Completed <br /> needed. <br /> ORANGE COUNTY <br /> NORTH CJ�LRC3 JNA <br /> Slide #8 <br /> General Obligation Bond Timeline <br /> Proposed Bond Referendum Schedule <br /> 8. BOCC adopts preliminary resolution establishingthe band purpose(s)and sets not to <br /> exceed bond amount(s).Neither the purpose nor the not to exceed amount maychange Completed <br /> following this action. <br /> 4. SOCC establishes a bond education committee and appropriates funds for outreach Complatod <br /> 10. Staff publishes a notice of intent to file an application for a general obligation bond by May 1 <br /> referendum <br /> 11. Staff files bond application with the Local Government Commission By May? <br /> 12. BflCCintrodum bond order(161 Read Ing)and schedules a public hearing May 71180CCi3usinessMeeting <br /> 13. 80CC holds public hearing on band referendum June 4°r'60CC8usineashfaeteng <br /> 14, 8CCC adopts the bond order(2"Reading),formally sets the ballot question and Jane 180 SOCC u fness M"Wng <br /> referendum date <br /> 15. Community vote an bond referendum November 5,2024 <br /> ORANGE COUNTY <br /> 8 NORTH L AROLINA <br />