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HomeMy WebLinkAboutORD-2005-039 - Affordable Housing Program Capital Project Ordinanceo rl p-~ ~os~ D 3 S Affordable Housing Program Capital Project Ordinance ATTACHMENTS 18 Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159- of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds to fund housing activities in the following categories: land acquisition, housing development, and homeownership. Proceeds from the 1997 and 2001 voter approved bond referenda, Affordable Housing Trust funds and Community Development Program Income finance the project. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: Through FY 2003-04 F'Y 2004-OS Through FY 2004-05 Sales Tax $0 $0 $0 1997 Bond Funds $1,800,000 $0 $1,800,000 2001 Bond Funds $1,300,000 $1,300,000 $2,600,000 Grant Funds $0 $0 $0 Private Placement $0 $0 $0 Fees $0 $0 $0 Transfer from Community Develo ment(ProgramIncome $126,432 $0 $126,432 Transfer from Community Develo ment (Housing Trust Funds $173,568 $0 $173,568 Total Fundin $3,400 000 $1,300,000 $4,700,000 ATTACHMENT 9 Section 4. The followin amount is a ro riated for this ro'ect: Through FY 2003-04 FY 2004-05 Through FY 2004 OS EmPOWERment Pine Hill Drive $90,000 $0 $90,000 S kes Street Homeownershi Pro am $90,000 $0 $90,000 Pine Knolls Community land $0 $129,930 $129,930 Total EmPOWERmen $180,000 $129,930 $309,930 Habitat for Humani Richmond Hills $460,000 $0 $460,000 Rusch Road Homeownershi Pro am $280,000 $0 $280,000 Total Habitat for Humani $740,000 $0 $740,000 Legion Road $140,000 $0 $140,000 1997 Unallocated Bonds $350,000 $0 $350,000 Continuin Care Center $275,000 $0 $275,000 Transitional Housing Cha el Hill) $75,000 $0 $75,000 Scattered Site Housin $300,000 ~ $0 $300,000 Sunrise Road Pro'ect $300,000 $0 $300,000 OPC Foundation - S ecial Needs Rental $260,000 $0 $260,000 Affordable Rentals - S ecial Needs Rental $300,000 $0 $300,000 Weaver Community Housin Association $220,000 $0 $220,000 Land Banldn $260,000 $129,930 $130,070 2001 Unallocated Bond Funds $0 $1,300,000 $1,300,000 Total Costs $3,400,000 $1,300 000 ~ $4,700,000 IG Section 5. This .ordinance supersedes previous Affordable Housing Capital Project Ordinances for Orange County Government. Section 6. This ordinance shall remain in effect until June 30, 2006. Adopted this 23~ day of June 2005. OQA~~~~fi • o~-~ lP ' d?,3 "o2d d S J~ L- I. Budget Amendment #14 The Board considered approving the budget ordinance and capital project ordinance amendments for fiscal year 2004-05. Commissioner Gordon made reference to attachment one, which is a table of the proposed 2004-05 Orange County Budget Ordinance amendments. She does not think the County Commissioners have addressed #15 as a policy. Amendment # 15 is an action related to the School/Park Capital Reserve Fund, and approval of this action would transfer accrued interest earnings, which are not programmed for expenditure from the reserve fund to the general fund.. She asked that this be removed from this action and be put on the capital work session agenda. John Link said that the intent is not to permanently remove funding, but to move the money into the general fund balance prior to June 30th because it helps the fund balance picture at that point. It will be returned in the fall. Rod Visser said that they are trying to solidify the fund balance as much as possible to improve the financial position for the bond rating. A motion was made by Commissioner Jacobs, seconded by Commissioner Halkiotis to approve the budget ordinance and capital project ordinance amendments for the 15 items as listed on the agenda abstract, with an added #16 (purple sheet). VOTE: UNANIMOUS o. Approve Updating the Master Aging Plan (M.A.P.) for Years 2006-2010 The Board considered approving the updated 5-year Master Aging Plan from 2006 to 2010 and the advertisement/recruitment of M.A.P. Task Force members. Commissioner Jacobs thanked Advisory Board on Aging Chair Jack Chestnut for his letter written to UNC. He asked Department on Aging Director Jerry Passmore to summarize what UNC Hospitals is doing to services that were previously shared with the County. Jerry Passmore said that this process has been going on for many years and UNC has picked up the coordinating position and Orange County has not been contributing to this until this year. UNC Hospitals is asking the County to put in for half of the position. They are still committed. to this program. Commissioner Jacobs said that part of the thrust of the letter was that UNC has a commitment for a wellness program for seniors. Commissioner Jacobs said that this could be on the list of things that the County is picking up funding where others are dropping it. A motion was made by Commissioner Jacobs, seconded by Commissioner Gordon to approve the updating of the Master Aging Plan for years 2006-2010 and beginning the recruitment of M.A.P. Task Force Members. VOTE: UNANIMOUS ~ Petition for Addition of High Ridge Road and Rolling Meadow Drive to the NC Secondary Road System The Board considered a petition to add two subdivision roads, High Ridge Road and Rolling Meadow Drive to the state-maintained Secondary Road System. Commissioner Jacobs said that he wanted to pull this off so he could vote against it. A motion was made by Chair Carey, seconded by Commissioner Halkiotis to approve the request to add High Ridge Road and Rolling Meadow Drive to the State Secondary Road System. VOTE: Ayes, 4; No, 1 (Commissioner Jacobs) 6. Resolutions or Proclamations