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~D <br /> A new paragraph that describes what a "base year" is and how <br /> November 15~' is the base of actual known capacity and <br />4. Page 4 3.b. membership. This base is then used for `launching' CIP <br /> projections and resetting the CAPS system. <br /> A clarification to reference specifically that the base year date of <br />5. Page 4 3.c. November 15~' is used for capacity calculations of future <br /> additions, modifications, CIP capacity or closings. <br /> This rewritten section sets up the initial year CAPS system <br /> statistical platform. It also differentiates that separate from <br /> aforementioned section 3.c. CIP capacity that there are CAPS <br />6. Page 4 3.d. calculations that are linked to housing development and the <br /> student generation rate product which is accrued with each <br /> housing project into the CAPS system. <br /> This rewritten section furthers section 3.d. above that CAPS <br /> development projections continue to be added to the base year <br />7. Page 5 3.e. and other housing programmed years. Each year these CAPS <br /> projections are retained and added to the new updated actual <br /> membership base. <br /> Consistent with previous sections, the base date has been restated <br />8. Page 5 3.f. as November 15`t`. <br /> A lead-in paragraph was added to explain the mathematical <br /> exercise that is conducted during the CAPS system process. <br /> Simply, Available ("Remaining") Capacity (AC) equals Capacity <br />9. Page Sz 3.g. (Existing Rated and Future CIP Capacity) minus Membership <br /> (Existing and CAPS approved SGR membership). If AC is <br /> greater than or equal to 0 then CAPS may be issued. <br /> This additional paragraph was amended to all agreements to <br />10. Page 7 9 accent the importance of CIP process and program and municipal <br /> governments' reliance on same to implement the Schools APFO. <br /> Added a BOCC receipt and approval process for student <br />11. Various l.a., l.b., 3.a. membership and building capacity data from the school districts. <br />www. co. orange. nc, us <br />Protecting and preserving- People, Resources, Quality of Life <br />Orange County, North Carolina -You Count! <br />(919) 245-2130 • FAX (919) 644-0246 <br />