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HomeMy WebLinkAboutORD-2011-008 Capital Project Ordinance - Qualified School Construction Bond Projects for SchoolsORD - aol I - 008 Qualified Schools Construction Projects Chapel Hill -Carrboro City Schools and Orange County Schools Capital Projects Ordinance 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 for the construction of various Qualified School Construction Bonds projects of Chapel Hill-Carrboro City Schools and Orange County Schools. Proceeds from the Qualified School Construction Bond Program fund these projects. 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 2010-11 FY 2010-11 Amendment Through FY 2010-11 Sales Tax $0 $0 $0 Qualified School Construction Bond Funds $0 $9,899,440 $9,899,440 Impact Fees $0 $0 $0 Lottery Proceeds $0 $0 $0 Total Funding $0 $9,899,440 $9,899,440 Section 4. The following amount is appropriated for this project: Through FY 2010-11 FY 2010-11 Amendment Through FY 2010-11 Plannin /Arch/En in $0 $0 $0 Land/Assoc Fees $0 $0 $0 Construction $0 $9,899,440 $9,899,440 E ui ment/Furnishin s $0 $0 $0 Contin enc $0 $0 $0 Total Costs $0 $9,899,440 $9,899,440 Section 5. This ordinance shall remain in effect until the Board of County Commissioners takes action to amend the ordinance or close the project ordinance upon completion of the project. 2 Adopted this 15th day of February 2011. ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 15, 2011 Action Agenda , Item No. . ~{- - SUBJECT: Approval of Capital Project Ordinance for the Qualified School Construction Bond Projects of the Chapel Hill -Carrboro City Schools and Orange County Schools DEPARTMENT: Financial Services PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Qualified School Construction Bonds Capital Project Ordinance INFORMATION CONTACT: Clarence Grier, 919-245-2453 Robert Jessup, 919-933-9891 PURPOSE: To approve a Capital Projects Ordinance for the Qualified School Construction Bond (QSCB) projects of the Chapel Hill -Carrboro City Schools and Orange County Schools. BACKGROUND: The Board of Commissioners has previously approved proceeding with the issuance of Qualified School Construction Bonds (QSCB) as authorized under Section 160A-20 of the North Carolina General Statutes. The issuance of the QSCB will finance various construction projects of the Chapel Hill -Carrboro City Schools (CHCCS) and Orange County Schools (OCS) not to exceed and totaling $9,899,440. The cost estimate for the CHCCS QSCB projects is $4,630,000. The cost estimate for the OCS QSCB projects is $5,269,440. In January 2011, the Board of Commissioners approved the necessary fact-finding and held the required public hearing concerning the projects of both school systems, and proposed financing as prescribed under the guidelines of the Local Government Commission. Additionally, the Board of Commissioners directed staff to proceed with the financing, execute the appropriate documents, and complete the closing of the financing through the adoption of a resolution dated January 20, 2011. FINANCIAL IMPACT: The financing proposal will require debt service of $659,963.60 for Fiscal Year 2011-12. The tax rate equivalent for FY 2011-12 debt service is estimated at approximately .43 cents. RECOMMENDATION(S): The Manager recommends that the Board approve the attached QSCB Capital Project Ordinance. ~ h. Contract Between the NC Department of Aqriculture and Consumer Services and Oranqe Countv: Grant for Specialtv Crop EQUipment for the Piedmont Food 8~ Agricuitural Processmq Center• and Approval of Budqet Amendment #7-A The Board approved a contract with the NC Department of Agriculture and Consumer Services for a$79,950 Specialty Crop grant for equipment for the Piedmont Food and Agricultural Processing Center and authorized the Manager to sign. ~ i. Fiscal Year 2010-11 Budqet Amendment #7 The Board approved budget, grant, and capital project ordinance amendments for fiscal year 2010-11 for Department on Aging, Health Department, Department of Social Services, Library Services, Sportsplex Enterprise Fund, Twin Creeks Park (Phase 1). i AAproval of Caaital Proiect Ordinance for the Qualified School Construction Bond Proiects of the Chaael Hill - Carrboro Citv Schools and Oranqe Countv Schools The Board approved a Capital Projects Ordinance for the Qualified School construction bond projects of the Chapel Hill - Carrboro City Schools and Orange County Schools. k. Interlocal Aqreement with the Town of Hillsborouqh for Plan Review Inspection Buildinp Official and Related Services The Board established a formal agreement between Orange County and the Town of Hilisborough to provide enforcement of the North Carolina Building codes including plan review, building official and related services pertaining to the North Carolina State Building Codes and authorized the Chair to sign. I. Proposal to Ooerate Smart Start Subsidv at Social Services The Board approved a request by Social Services to submit a proposal to the Orange County Partnership for Young Children for operation of the Smart Start subsidy program. m. Bid Award: Whitted Health and Dental Renovations The Board awarded a general construction contract to H.M. Kern, Greensboro, NC in the amount of $763,800 for the Health and Dental renovations, including the structural repairs to Building A and authorized the Chair to sign; and authorized the installation of a sprinkler system in Building A; and authorized the Manager to sign the change order. VOTE ON CONSENT AGENDA: UNANIMOUS 5. Items Removed From Consent Aqenda NONE 6. Public Hearinqs a. Unified Development Ordinance (UDOI - Report on Planninq Board Recommendation The Board considered a report on the Planning Board's recommendation regarding adoption of the entire Unified Development Ordinance (UDO). Planning Director Craig Benedict said that this item is a report on the Planning Board recommendation. On November 22, 2010 there was a public hearing on the Unified Development Ordinance. At that meeting, the County Commissioners asked the Planning Board to come up with a new schedule on how to address some of the comments that came from the public hearing. In early December, the Planning Board came up with a new schedule of how to address the changes and comments. This schedule was brought back to the County Commissioners on December 14~'. At that meeting, the County Commissioners approved a schedule of events that the Planning Board has followed. The schedule included having a report on the progress on February 15"'. The continuation of the public hearing will be February 28t". He said that the Planning Board reviewed two primary issues of concern from -~'~/~ - eZ~O/ d~.~ - ,2d~/- oD ~ y~ J