Orange County NC Website
9 <br /> Kirk Vaughn emphasized that the ILA is not the only avenue to improve oversight of the <br /> schools during their capital construction process. He explained other components as written on <br /> the slide. <br /> Slide #3 <br /> PROVISIONS OF ILA <br /> • Each organization assigns staff to team, <br /> representing Budget, Finance and Operations <br /> functions <br /> • Team will regularly communicate on the <br /> progress of the Districts' capital plans. <br /> — Staff plan to meet at least quarterly, with increased <br /> frequency when multiple projects are underway. <br /> • Team will assign roles and workplans to guide <br /> work of CORE team and review every two <br /> years. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Slide #4 <br /> CHANGES FROM 10/21 DRAFT <br /> Subsequent to 10/21 Meeting, staff have <br /> submitted updated version and provided to Board <br /> members and school staff. <br /> • Scope of ILA set to all projects that utilize Bond <br /> funds. <br /> • Aligns Article 4 with School Capital Funding <br /> Policy. <br /> • Remains one ILA between the county and both <br /> districts but remains in force with either district <br /> if the other terminates the agreement. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />