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<br /> Slide#3
<br /> FY 2026 Projects
<br /> A 0 C
<br /> 1 Vehicle Replacements County Vehicles $ 379,815
<br /> 2 Information Technologies Infrastructure County 419,8.34
<br /> 3 911 Com puter Aided Dispatch(CAD)Replacement County 302,534
<br /> 4 Emergency Seances Renewal&Replacement County 484,92'r
<br /> 5 Electric Vehicle Charging Stations for County Vehicles County 402,069
<br /> 6 HVAC Projects County 2,130,047
<br /> 7 Behavioral Health Crisis Diversion Facility(Land&Design) County 3,569,656
<br /> 8 510 Meadowlands Phase 2 County 291,647
<br /> 9 Board of Elections Expansion for Storage County 107,582
<br /> 10 Parking Lot Improvements County 467,399
<br /> 11 Facades County 911,648
<br /> 12 Electrical Upgrades County 74,805
<br /> 13 Fire Alarm,Fire Suppression System Replacements County, 261,488
<br /> 14 Interior Finish Replacements County 357,105
<br /> 15 Affordable Housing County 966,500
<br /> 16 Blackwood Farm Park County 61,039
<br /> 17 Efland Cheeks Community Center County 150,000
<br /> 18 Generator Projects County 17,154
<br /> 19 Orange County Bidirectional Anten na(BDA)Upgrade County 1,264,317
<br /> 20 Durham Technical CC Academic Building College 11,275,000
<br /> 21 Orange Grove Fire District OGFD 1,700,000
<br /> 22 Solid Waste vehicles&Equipment Solid Waste 3,834,632
<br /> 23 Sportspl- Sportsplex 126,581
<br /> 24 Limited Obligation Bonds,Series 2026A Total $29.565,781
<br /> 25 Behavioral Health Crisis Diversion Facility(Construction) Co urn y 29,929,352
<br /> 26 Limited Obligation Bonds,Series 2026B Total $29,929,352
<br /> 271 Limited Obligation Bonds,Series 2021 Grand Total $59,495,133 1
<br /> Note:Series 202SA&B LOBs do not include debt financing for school capital projects, �A
<br /> Currentschool capital projects are anticipated to be funded from reactivated 2019 ORANGE COUNTY
<br /> Bond Proceeds,increased Capital Reserves,and Pay Go NORTH CvAAROLINA
<br /> Slide#4
<br /> Key Financing Terms
<br /> Limited Obligation Bonds,Series 2026A&B
<br /> ➢ Security Pledge-County assets serve as collateral,with payments subject to annual County appropriations
<br /> ➢ Maturity Term-5-20 Year maturities matches the useful life of the assets
<br /> ➢ April 1 and October 1 Repayment Dates to Bank Trustee;First Interest Payment on October 1,2026,and First
<br /> Principal Payment on April 1,2028,consistent with the Debt Model
<br /> ➢ Estimated Interest Rates- Between 4.5%-5.5%subject to market conditions
<br /> ➢ Maximum Annual Debt Service-Estimated to be$6.395 million in FY 2028
<br /> ➢ Source of Repayment-Property Taxes,Solid Waste Fees,Sportsplex Fees,and OGFD Repayment
<br /> ➢ Because Limited Obligation Bonds are not secured by a direct pledge of the County's taxing power,they are
<br /> usually rated one notch below the County's general obligation bonds
<br /> ➢ Current Limited Obligation Bonds-Aa1/AA+/AA+from Moody's,Standard&Pool and Fitch Ratings
<br /> �1
<br /> ORANGE COUNTY
<br /> NORTH CAROLINA
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