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HomeMy WebLinkAboutMinutes - 19880623~~~ MINUTES ORANGE COUNTY BOARD OF COMMISSIONERS WORK SESSIONS ON THE PROPOSED BOND ISSUE JUNE 23, 1988 JUNE 29, 1988 The Orange County Board of Commissioners met in special session on June 23, 1988 at 4:00 p.m. in the Commissioners' Conference Room, Court Street Annex, Hillsborough, North Carolina for the purpose of holding a work session on considering a proposed bond issue. BOARD MEMBERS PRESENT: Chair Shirley E. Marshall and Commissioners Moses Carey, Jr., Stephen Halkiotis, John Hartwell and Don Willhoit. STAFF PRESENT: County Manager John M. Link, Jr., Assistant County Managers William T. Laws and Albert Kittrell, Recreation and Parks Director Mary Anne Black, Clerk to the Board Beverly A. Blythe, Finance Director Ellen Liston and Budget Analyst Donna Wagner. EXECUTIVE SESSION Motion was made by Commissioner Carey, seconded by Commissioner Halkiotis to go into Executive Session for discussion of property acquisition. VOTE: UNANIMOUS. Motion was made by Commissioner Halkiotis, seconded by Commissioner Carey to go back into special session. VOTE: UNANIMOUS. DISCUSSION ON THE PROPOSED BOND ISSUE County Manager John Link presented and explained two scenarios with one totaling twenty-five million with eighteen million for schools and seven for county projects and one totaling thirty million with twenty-one million for schools and nine million fox county projects. Commissioner Marshall stated with reference to swimming pools the need to have some figures for building a community pool and also for building a pool at one of the high schools.. Commissioner Halkiotis expressed concern that the rural education center is scheduled so late in the CIP, stating that the whole concept needs to be taken back to the simple structure that was first envisioned. The cost does not include moving the agricultural extension office. It was the consensus of the Board that the replacement of the Efland multipurpose center needs to be on the list. Finance Director Ellen Liston described the financial aspect of both scenarios. A thirty million bond issue would increase taxes by 3.1 cents. A twenty-five million bond issue would increase taxes by 2.25 cents. Discussion ensued on which items would be included in a band issue and if the bond issue should be twenty-five or thirty million. It was agreed to include something for water resources. There was a consensus of the Board to ga with a thirty million dollar bond issue. l~ Discussion ensued on haw the bond issue funds would be allocated to the two school districts. John Link suggested allocating on the same percentage as the requests that were received. With a twenty-five million dollar bond issue, 59.4 ~ or eleven million would go to Chapel Hill/Carrboro School District and 41.6 or seven million to Orange Gounty Schools. With a thirty million dollar bond issue it would mean 12.5 million £or Chapel Hill/Carrboro and 8.5 million for Orange County Schools. Their was a consensus of the Board that this was a reasonable split. Superintendent of Orange County Schools Dan Lunsford expressed concern £or meeting the remainder of the needs that would not be paid by the bond monies stating it was crucial to recognize the need for the second elementary school. Ted Parrish, Chair of the Chapel Hill-Carrboro School Board questioned if the schools should not get more money and the county projects less money. In response, Chair Marshall emphasized that the telephone survey indicated that the schools are not the only priority and there is a lot that needs to be balanced. It was decided that a thirty million dollar bond issue would be.presented for public comment at a public hearing to be held on July 5 at 7:30 in Superior Courtroom, Hillsborough, North Carolina. A special meeting will be held on July 7, 1988 at 7:30 p.m. in the courtroom of the old Post Office, Chapel Hill, North Carolina for the purpose of (1) adopting a resolution authorizing submission of application for issuance o£ Bands to Local Government Commission, (2) hiring bond counsel, (3) making final decisions on amount and projects to be included in a bond issue and (4) continuing any items left from the July 5 meeting. Discussion on the bond counsel resulted in a consensus to stay with the same bond counsel in New York. With no further discussion, Chair Marshall adjourned the meeting. Shirley E. Marshall, Chair Beverly A. Blythe, Clerk MINUTES ORANGE COUNTY BOARD OF COMMISSIONERS WORK SESSION ON THE PROPOSED BOND ISSUE JUNE 29, 1988 The Orange County Board of Commissioners met in Special Session on June 29, 1988 at 4:00 p.m. in the Commissioners' Conference Roam, Court Street Annex, Hillsborough, North Garolina far the-purpose of holding a work session on the proposed bond issue. BOARD MEMBERS PRESENT: Chair Shirley E. Marshall and Commissioners Moses Gorey, Jr., Stephen Halkiotis, John Hartwell and Don Willhoit. ATTORNEY PRESENT: Geoffrey Gledhill. STAFF PRESENT: County Manager John M. Link, Jr., Assistant County Managers William T. Laws and Albert Kittrell, Recreation and Parks Director Mary Anne Black, Clerk to the Board Beverly A. Blythe, Budget Analyst Donna Wagner. County Manager John Link reviewed certain specific projects as listed in the CIP.