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Reduce Property Tax on Homestead E ernption <br />This legislation would involve raising the exemption level on "homesteads", <br />thereby diminishing the property tax owed. The 1999 budget bill called for a study of the <br />homestead exemption, and a bill could emanate from that study during the Short Session <br />and be eligible for consideration. <br />Community.College_Init~ative <br />It maybe prudent for Orange County to initiate a proposal requesting funding <br />from the state for a satellite community college property and facility. Current <br />information indicates that it would be wise to begin this process now and that a complete <br />college plan is not necessary to initiate this request. <br />Billboazd Advertisements on I-40 <br />A moratorium prohibiting new billboards on I-40 from the Orange-Alamance <br />county line to the Wilmington city limits in New Hanover County was approved by the <br />General Assembly in 1999. The moratorium is scheduled to expire on July 1, 2000. The <br />Town of Chapel Hill has already adopted a resolution requesting that Orange County's <br />legislative delegation seek a permanent prohibition against billboard advertisements <br />along Interstate 40. <br />Metro olit Tannin Or 'nations <br />Discussions aze on-going among local leaders and state representatives regarding <br />proposed legislation to consolidate metropolitan planning organizations. The terms under <br />which the Durham~Chapel Hill-Carrboro MPO and the Greater Raleigh MPO might be <br />merged could be influenced by the language of any proposed legislation. It is suggested <br />that Orange County note its general support for the Durham-Chapel Hill-Carrboro MPO's <br />Position Statement on Senate Bill 1164. Senate Bill 1164 is sponsored by Senator Daniel <br />Clodfelter. The Position Statement notes 1) principles that should be considered in <br />merging MPOs, 2) potential funding level questions and funding allocation issues, and 3) <br />weighted voting and representation characteristics that a merged organization's policy <br />body should incorporate. <br />De-Annexation <br />As the Board of Commissioners is aware, the state has established the Smart <br />Growth Commission, ofwhich Commissioner Jacobs is a member. As this Commission <br />reviews all aspects of growth and its impacts across the state, it may be worthwhile to <br />