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HomeMy WebLinkAboutAgenda - 08-20-1997 - 7a 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: August 20, 1997 Action Agenda Item No. SUBJECT: Public Hearing -November 4, 1997 Bond Referendum DEPARTMENT: Finance PUBLIC HEARING: (Y/1) BUDGET AMENDMENT: (Y/N) ATTACHMENT(S): INFORMATION CONTACT: Overheads (under separate cover) Ken Chavious, ext 2453 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 PURPOSE: To conduct a public hearing to receive citizen comments on the planned November 4, 1997 bond referendum. BACKGROUND: On August 4, 1997, the Board of Commissioners introduced five bond orders for the scheduled November 4 referendum. Pursuant to the Local Government Bond Act, and in accordance with the adopted timetable for the bond referendum, a public hearing is required in order to provide the opportunity for any citizen who wishes to be heard on the questions of the,validity of the bond orders and the advisability of issuing the bonds. Subsequent to the completion of the public hearing,the Board must take final action to adopt the bond orders and officially call for the referendum as part of the November 4 election. These actions may be completed at either the meeting scheduled for August 25 (after the joint public hearing with the Planning Board), or at the regular meeting scheduled for September 2. RECOMMENDATION(S): The Manager recommends that the Board conduct the public hearing.