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HomeMy WebLinkAboutAgenda - 02-16-2006-4ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 16, 2006 Action Agenda Item No. 4 SUBJECT: Buckhorn Road EDD/Community Water/Sewer Project -Project Completion & Timing Issues DEPARTMENT: County Manager/Budget PUBLIC HEARING: (Y/N) No ATTACHMENT(S): 2/14/06 County Engineer Memo Project Timeline Chart Proposed/Existing Infrastructure Maps 2/15/06 Budget Director Memo 2/02/06 ERCD Director Memo INFORMATION CONTACT: John Link, County Manager, 919-245-2300 Paul Thames, County Engineer 919-245-2303 Donna Dean, Budget Director 919-245-2151 PURPOSE: To update the BQCC as to issues affecting County efforts to provide an August 2006 completion of the portion of the Buckhorn EDD/Community utility project that will provide water and sewer service to the Gravelly Hill Middle school, and to discuss options/strategies to overcome those challenges. BACKGROUND: The Construction Loans and Grants Section (CLGS) of the Division of Water Quality (DWQ), NC Department of Environment and Natural Resources (DENR) is the regulatory/review agency charged with permitting projects funded by Environmental Protection Agency (EPA) State and Tribal Assistance Grants (STAG). The STAG grant process calls for the Grantee to submit an Environmental Assessment (EA), an Engineer's Report (outlining existing project conditions and proposed improvements) and construction documents (plans and specifications) to CLGS for its review and approval prior to submission to the EPA for final approval. This review process has created two sources of delays in the County's effort to get the Buckhorn Road EDD/Community project underway: • Delays in CLGS reviews of the EA and Engineer's Report have extended the overall state and federal review/approval process (more than 8 weeks, to date) to a point where it is possible that project construction cannot begin until the time when it needs to be completed; and • CLGS engineering review staff (construction documentation review) has ruled that the City of Mebane's existing wastewater utility infrastructure has insufficient capacity to accept an additional wastewater flow, including flow from the Buckhorn EDD/Community project. Their position, at least currently, is that they will require upgrades/modifications to Mebane's existing infrastructure before they will allow the Mebane system to receive wastewater flow from the Buckhorn Road EDD/Community project. There are two potential strategies that may be utilized -with the Board's approval - to overcome the delays outlined above: • While there is no way to recover the two or more months lost in the CLGS staff review process, the County could choose to take the step of withdrawing the portion of the project associated with school utilities from grant consideration, Such withdrawal would eliminate the need for federal review and allow the project to be bid much more quickly than the grant process allows. This strategy does require that the BOGC reconfigure or defer some of the County's funding priorities, a process that will be more fully described during the BOCC's February 16`h worksession. Should the BOCC elect to pursue this strategy, a project timeline as shown in the timeline attachment chart may be achieved. This, of course, assumes that a timely resolution or CLGS accommodation on the issue of Mebane's infrastructure can be achieved, To date, CLGS engineering review staff continues to insist that all issues with Mebane's infrastructure be resolved prior to allowing wastewater from the EDD/middle school portion of the Buckhorn project to be conveyed to Mebane. However, NC DENR regulatory requirements do provide for processes that allow time delays for necessary infrastructure improvements. For example, a "Special Order of Consent " or SOC is an agreement between DENR and a utility provider having actual infrastructure/operational violations that allows the necessary infrastructure improvements to come about over a specified time period . County staff will continue to work with Mebane officials and CGLS staff to refine the scope of required improvements to Mebane's infrastnucture, County officials and staff will also continue working with Mebane officials and staff to induce CLGS staff or other DWQ regulatory officials to accept areasonable - in terms of time - strategy to make the necessary improvements to Mebane's infrastructure. FINANCIAL IMPACT: Potential financial impacts are addressed in the attached memo from the Budget Director. The Board is asked to consider how it may wish to reallocate funds to accomplish the additional infrastructure improvements outlined in the County Engineer's memo. One option would be to draw perhaps 20% of the needed funding from the "menu" of currently funded projects noted in the Budget Director's memo, with the balance coming from a reallocation of planned debt far conservation easements to the water and sewer infrastructure project. Of course, there are many other combinations of funding reallocations which the Board can consider during this Febnaary 16 work session. RECOMMENDATION(S): The Manager recommends that the Board: • remove the portion of the Buckhorn EDD/Community utility project that will serve the Gravelly Hill middle school from the STAG grant process; and • designate the appropriate funding sources/strategies; and • direct staff to move forward with this portion of the project accordingly. 3 MEMORANDUM TO: Qrange County Board of Commissioners COPIES: John Link, County Manager Rod Visser, Assistant County Manager Donna Dean, Budget Director Pam Jones, Purchasing/Central Services Director FROM: Paul Thames, PE, County Engineer DATE: February 14, 2006 SUBJECT: West Ten Middle School/Buckhorn EDD-Community Utility Extension Project Issues Leading to Potential Delays in Project Completion The purpose of this memorandum is update you on two issues that represent a high probability far causing significant delays -beyond the projected Augtast 2006 opening of the Gravelly Hill Middle School - in the completion of the Buckhorn EDD/Community water and sewer extension project. 1've also outlined a possible strategy for addressing these, These two issues are: Possible required infrastructure upgrades to the Gity of Mebane's existing wastewater utility infrastructure and Delays in the NC Department of Natural Resources, Division of Water Quality, Construction Loans and Grants section reviews, 1, Possible Required City of Mebane Infrastructure Upgrades The Construction Loans and Grants Section (CLGS, of the NC Division of Water Quality, State DENR is the regulatory/review agency charged with permitting projects funded by Environmental Protection Agency (EPA) State and Tribal Grant Assistance (STAG) grants. CLGS has ruled that the City of Mebane's existing wastewater utility infrastructure has insufficient capacity to accept a~ additional wastewater flow This includes flow from the Buckhorn EDD/Community project. Specifically this infrastructure is the Industrial Drive wastewater pumping station and the gravity sewer lines where the pumping station force main discharges. Attachment 1 shows a partial layout of Mebane's existing pumping and collection system with the affected facilities identified. On January 30 during an informal meeting involving the Chair, Vice-Chair and staff from the County and the Mayor, one council representative and staff from Mebane, the CLGS concerns were discussed. At that time, Mebane officials said with assurance that the City would address the CLGS comments as necessary to resolve that issue. -2- On February 7 the Mebane City Manager, the City's contractual engineer and I met with CLGS staff to present a report and a proposed strategy to upgrade the Mebane infrastructure, On February 9, CLGS staff replied to Mebane's report and infrastructure upgrade proposals with requirements that Mebane: • Determine the adequacy of the remaining pumping of the Industrial Drive pumping station by submitting additional wastewater flow data and projected wastewater flows from the system's existing but undeveloped (vacant lots) service area to the Industrial Drive pumping station; and • Increase the flow carrying capacity of the portion of the gravity system where the force main from the Industrial Drive pumping station discharges. As the CLGS still is to provide the total requirements, the cost of the improvements that may be required to satisfy CLGS as to the capacity of Mebane's infrastructure is unclear„ As soon as Mebane can ascertain the total requirements, how to address these and associated costs, we will let the Board know. Should CLGS require that all issues with Mebane's infrastructure be resolved prior to allowing wastewater from the EDD/middle school portion of the Buckhorn project to be conveyed to Mebane, the ensuing process to improve that infrastructure appears to be very likely to delay the completion of the County project beyond the proposed August 2006 opening of the middle school, This process would include determining exactly what improvements will be required, designing and permitting those improvements, determining funding sources and constructing the improvements, There may exist a possibility in which the standard NC DENR regulatory process will allow some delay in the application of the requirements to upgrade Mebane's infrastructure. The Special Order of Consent (SOC) is an agreement between an entity with needed infrastructure improvements and DENR regulators that allows the improvements to take place over a specified time. County staff continues to work with Mebane officials and CLGS staff to refine the scope of required improvements to Mebane's infrastructure. At this time, the ultimate effect of Mebane's infrastructure issue on the middle school utility timetable is unclear. The County also may not be able to influence this issue, 2, Delays/Time Required in the NC Department of Natural Resources, Division of Water Quality Construction Loans and Grants section Reviews The CLGS staff charged with reviewing the Environmental Assessment and Engineer's Report portion of the required project submittals has inexplicably delayed its already lengthy review process by approximately eight weeks. -3- 5 The remaining review and construction portions of the project under the STAG grant process move project completion to mid/late November 2006. Attachment 2 shows an alternative timeline leading to project completion in mid August under the possible strategy I've outlined in Item 3 below. 3. Possible Strategy Completion of the utilities needed for an on-time opening of the middle school remains an overarching goal of efforts on the Buckhorn EDD utility project, While there is no way to recover the two or more months lost in the CLGS staff review process, the County could choose to take the step of withdrawing the portion of the project associated with school utilities from grant consideration, Such withdrawal would eliminate the need for federal review and allow the project to be bid much more quickly than the grant process allows, This results in the Attachment 2 timeline. This, of course, assumes that we can come to some resolution or CLGS accommodation on the issue of Mebane's infrastructure. Under this approach: The County would reallocate a portion of currently programmed debt financing to construct the school utilities. • Assuming the CLGS and EPA will provide the necessary approvals, the grant project would then be reconfigured to encompass the Buckhorn Road Community (the area between I-85/40 and Norfolk-Southern Railroad) and Central Efland. Alternatives for reconfigured debt financing that could be used to address the $1.5 million needed to pursue this strategy will be presented at the Board's February 16 work session. Staff will continue to work with CLGS and the City of Mebane to address the infrastructure issues and will update the BOCC as to the status of this project at the Board's February 16 work session, It still may be possible to deliver the portion of the Buckhorn EDD/Community project that will serve Gravelly Hill middle school in time for an August 2006 opening, but the timing will be very tight and the effort - bath in terms of staff time and financial commitment -will have to be seamless in terms of execution, If I may provide additional information or clarification of the information contained herein please advise.. ~D ~~ ~D Q~~ ~D o~ `p ~ o~ o~ o 0 0 0~ p o o p O o o chi o 0 0 0 O i0 ~ o f~ ~D ~ O I~ C~ O !~ ~ ~-+ N !!7 (lt Q~ I.n CU 0~ ~D C'~ o f~ d- ~ (~ O r+ (1J CU O ~-+ (U N O ~-+ ~~+ (U O O ~--+ (lJ (U O ~-+ r-+ (U O ~--i ~ N C7 O ~--+ (1J (1.1 0 ~ O O O O O O O O O O O O O O O) O O O O O O O O O O O O O O O O O O Authorize Bid Advertisement Advertise and Take Bids Evaluate and Award Bids Issue Notice to Proceed .. Construction ~ \ \ ~ Phase \ . \ \ ~ ~ ~ ~ ~ Buckhorn Road EDD/Middle School Project Tineline Cas of Oz/14/06) - B\CC <not grant) Funded - Aithorize Bid Advertisement (1 week) -The process to get the required legal notice/advertisement in a newspaper consumes approxlmatley one week between Board authorization to place the advertisement and the date the advertisement actually appears In the newspaper. Advertise and Take Bids (2 weeks) -County bldding procedures normally require 4 to 6 weeks, however, if potential bidders are contacted In advance and advised as to the nature of the protect and timeframe for the bldding process, the advertising and bId process can be shortened to two weeks if nt least three responsive bidders actually submit bids on the protect. ,Evaluate and Award Bids (2 to 4 weeks) -• County staff must assure that the apparent tow bidder has met nil County-adopted bidding requirements Including teh minority/women/disabled owned business contractor/subcontractor/supplier goals or has made the required good faith efforts to achieve those goals prior to making -and scheduling - n recommendation that the BOCC award the contract to the low bidder. T.-.~. .., Al..+irp O Pro d [ w ks) -There Is a standard contractual requirement that there be n two week period between the Award of Bld and Issuing the Notice to Proceed. This period allows the contractor awarded the bid the time necessary to meet the contractual bonding/Insurance requirements. ,E,Qnstruction Phase (17 weeks/120 days) -The overall protect construction time from Notice to Proceed until protect completion/owner acceptance Is 120 days. The water utility construction portion of the protect can be completed In approximntley half that time. 0 svo D soo tzov leoo PpP FpHP`- Scvv 1" = 600' 6L y us ro I 1'~ ~~v~~ NOTE. 6EE MAP NO. S FOR EXISTING ! 6aHRRHx RMlpb SEWER SYSTEM THAT WILL SERVE T R" Ia'zp eUCKHDt2N COMMUNITY ~ g~ - -" 6; O11+ rI 6 ITAR ER jL(~''~~'~~-1,~. ,/~' f '~ 'f ? Y t~ ~ 6 ~ " E R N61ON ~`~-AJ U KNORN OA I ~ y NO OF I-8 M NI ~% ~RRA"'milml9 t A/a 1 y~- I ~~ fiE %Nli F, ~P I SVN.VII' SUfJ1 I / / y IO ltlt 6V.ittW r j ~_ Ila ? / - a~5tW6 ~~ 1'L WY 1 -- - P e'iur _- - I RaUp+T~ (Wrr 1 ___ __ - y - IF „"'-- ro fR¢ xc Wl W ~-~' 4Y1. MY aVMOW ImJ ~,_I'I~',~~.~~,__ ~.,"-m cnmvunm uc ~d .ao Io um ~ r`} to aAlpx I.m on --... "'-"...~""- < _ P __ PROPOSED B"GRAVRY _"-~~-_- - - sANRnaY SEWER •--._.._--•--. E%16TING 61NRAAY SEWER E%TENSION FOR ~•-- EY 6ERVING BULKHDR RESIOENT6 ALONG OUIN Of I-85 BUC%HORN ROAD ~ ~ o w ono o~w a o ~ N -END OF 6'FORCEM N, ado t[OO BEGINNING OF B'G W PR PO6 O6" ORLE MAI ~~ aUm GAxRARY 6EWER 6Y FR PU P6 TIDN 6ER NG IOOL SCHOOL ROPO6ED GPM WEG TEN PRDPOSE06"FORLE AI Ap PUMPS ATIONSER NG fRDM PUMP 6T D T POLE fiCHO LSRE WILL SERVE MID LEG cmT to an lm 1+0 w6mt6nro, lM II1I) EXTENSION OF CITY OF MEBANE'S SANITARY SEWER SYSTEM THAT WILL SERVE BUCKHORN COMMUNITY FOR ORANGE COUNTY SCALE 1'=600' LEGENG -- PROPOSED GRAVRY6ANRARY SEWER PROPOSED FORLE MAIN ------ EXISTING GRAVitt GANRARY 6EWER ------ EXISTING FORLE M1VUN ------ EJUSTNG WATERONE ---..-- E%16TING MANHOLE PROPO6E0 MANHOLE -~F- DIRECNON OF FLOW ARROW WANRtt LAKE-OFF OG PROPOSED SANITARY SEWER E%EIISION6 60UM SLOE OF I-85 Np. IIEM OUANTh' i __ B~ GRAMIT SEWER (PVC) 1,02] LF 2 B" CRANtt SEWER (DUCTILE IRON) G2 LF ] 4' 010. HNIHOLEfi TEACH G• FORL£ YMN (pUCRIE IRON) %.5T5 IF 5 210 GPN PONP SiAiION 1 EACH p]ANRIY TAKE-OFF pF PROPOSE- SSANITARY SERER E%ENSIONS NOR1H SDE OF I-05 N0. IIEN OUANNIT i 0• GPANiT SETYW (PVC) ],855 lF 2 0~ GRAMTY SEWER (OUCRLE IRON) 1,515 LF 3 A' M0. NANMOLE6 25 EACR ~ti.j I~NJlLJ1~l4l~G ~~~~~~ ~~a~aL 1 it Wod Moin 61mo1 pmham, N.0.2T/O1 p 010.402.0368 f 818.688.3444 wnW.c)Ipa.com SANITARY SEWER EXTENSIONS BY ORANGE COUNTY FOR BUCKHORN COMMUNITY OFNDt ERT DF IEWIE tOG E WASwNGivN SF 0C&NE. NC 2>302 EIFPHONL (919) 56]-5901 OEVIDPFR OP,WGE LOUNR 200 GOUIN LWEROH 51, IMIS80flWR1, Nt tT2)B 1HOmONE (919) 215-2JW PROPOSED SANITARY SEWER SYSTEM SERVING BUCKHORN NORTH OF I•BS AND SOUTH OF I-B5 JoL NVmbec d5o ^ CUIIfiEPi PIAN I 66ee1 Tllle: MAP N0. 6 ~"/ bi f 1+ bl Y CITY OF MEBANE <- y - I •+ 1 q(6NIG n' <An ~~~~~~ a~~~ ~6~~JO,AA 1 N West Maln 61ma1 Ouehom, N.F 21]01 p DiD.p02.0360 1 OID.p00S6C6 wWW Cjtpo.com SANITARY SEWER EXTENSIONS BY ORANGE COUNTY FOR BUCKHORN COMMUNITY DNNER arc of u~u1E '.. Ia9 E WASxwpTOx s. NERWE xc nwx 1DERIONE: (919) 561-59m '... DGDDPER ''". OPAVpE COUNR '. 200 SOUM GVERpN 4. ''.. kU500ftDUGR NC 2]Z10 iEIEPNONE (919) &5-x303 ', 600 o fioo 1200 Ipoo - _ ...... Scale 1~ 600' i CITY OI' MEBANE'S EXISTING SANITARY SEWER SYSTEM THAT WILL SERVE BUCKHORN COMMUNITY POR ORANGE COUNTY scats )°=soo' LEGEND ------ E%15TIN0 GRAVRYSANRARYSEWER SERWNG DUCRHORN ______ E%ibTING FORCE MAIN SERVING BUCRH0IW _____- gpDR10NAl SANRARY SEWERS TRIBITTARY TO E%ISRNG PUMP STATION6 ___...__ E%ISTiNG MANHOLE ~~ DIRECTION OF FLOW ARROW FASTING 6ANITART SEWCR SYSTEM fRON NCDANE SCRWNG SOM THE NOflIN SOE AND SWIH 40E Ci i-85 FOR 6ULTWORN N0. DEM ___ gUANNTY 1 MEBANE WASTEWATER TREATMENT PLANT ~.--_-----_--_- 2.50 M.G.O. 2 15- g9AM1Y SANITARY_5_ENFRS_ ----~--_- 2.241 LF 1 t2- GRANtt SANITARY SEYF_RS 1,400 li 1 B- GRAWTY S0.NITPRY 6EWER5 1,22T ti 5 B' FORCE MNN IRON INpU51RIAL DflIVE PUMP STATION 10,510 Lf FASTING SANITARY SEWER STSIEN fR01A MEBANE SERWiC NORiN SIDE OF i-&6 FOR BUCKHORN ND. ^Eli WMIRtt 1 ID' GRANTT SANITARY SCWER T,]60 LF EASRNG SANITARY SEWER SYSIEN FRON MEBANE SfAYJIG SDUTN 4DE OF I-85 FOR BUC%NORN ND. _ ITEM gUANRtt i lp' GRAVITY SANRARY SC15ER 5.460 LF EXISTING '... SANITARY SEWER SYSTEM SERVING BUCKHORN ', NORTH OF I.65 AND SOUTH OF 1-65 FDR COU6TRUrnoN JoE NUmCer. WSB CONCEPT PLAN aM1eal Tlie: MAP N0. 5 q To: John Link, County Manager From: Donna Dean, Budget Director Subject: Possible Options for Additional Funding for Efland Water and Sewer Date: February 15, 2006 Per your request, I have reviewed options for additional funding necessary to complete the water and sewer infrastructure in Efland.. Possible solutions include (1) "deferring" currently available monies from County projects, (2) including monies in the alternative financing plans scheduled for issuance in April 2006, or (3) some combination of item t and 2, Any deferments that the Board pursues would be reinstated in the upcoming 2006 2016 GIP.. Option 1. Borrow from Currently Available Funding in County Projects My review of County projects with available (unspent) funds included those funded with pay-as- you-go monies and 2004 two-thirds net debt reduction bonds (approved by the Board and issued in 2004), The review was centered on two areas - (1) availability of unspent funds and (2) criticality and timeline of current County projects, Examples of these projects include parking improvements at Whitted Human Services Center, equipment and vehicle replacements, Carrbora Library, roofing repairs, Central Recreation and Gym repairs, Jail renovations, water reduction systems and Blackwood and Cate Farm stabilization, The chart below offers my observation of projects, all or portions of which the Board may choose to defer (and replenish at a later date according to a schedule that facilitates timely completion of the affected project) to meet the funding shortfall for the water and sewer project: Coun Pro ect Ty J Potential Funding Available to Offset Efland Water/Sewer Shortfall Source of Funding I~1 Americans with Disabilities ADA Pro'ects $50,000 PAYG Animal Shelter Re airs ~ $29,000 PAYG Blackwood Farm Structure Stabilization $75,000 2004 Two Thirds Buildin Ent Access $50,000 PAYG Ca itai Re airs/Re lacement Emer enc Reserve $25,000 PAYG Carrboro Libra $50,000 PAYG Cate Farm Structure Stabilization $125,000 2004 Two Thirds Central Recreation Re airs $635,000 2004 Two Thirds Court Street Annex/112 N. Churton Street Re airs $25,000 PAYG Dickson House Re airs $7,500 PAYG Elevator Re airs & Im rovements $70,000 PAYG E ui ment and Vehicle Re lacemetns $267,000 PAYG Fire Alarm S stems $15,000 PAYG Floorin Re lacements $241,000 PAYG HVAC Re lacements $258,000 PAYG Histodc Courthouse Re airs $15,000 PAYG Jail Renovations $625,000 2004 Two Thirds OHS Tennis Court Resurfacin $15,000 PAYG Paintin Interior & Exterior of Facilties $127,000 PAYG Parkin Lot Re airs/Paulo $140,000 PAYG Parks O erations Base $230,000 2004 Two Thirds Roofin Pro'ects $200,000 PAYG Si na a $10,000 PAYG Solid Waste Convenience Centers Re airs $40,000 PAYG Utilities Extension Develo ment $25,000 PAYG Water Demand Reduction S stems 8 E ui ment $60,000 PAYG Water roofin & Draina e $221,000 PAYG School Park Reserve Fundin izt $391,300 PAYG Total $3 942 800 "t PAYG =Pay-As-You-Go Funds; 2004 Two-Thirds = 2004 Two-Thirds Net Debt Reduction Bonds tzr Monies transferred from School Park Reserve to General Fund in June 2005 io While there may be unspent funds available in County capital projects that the Board could redirect towards helping offset some of the costs of the Efland Sewer project, I would also like to offer some observations to consider with regard to pay-as-you-go funding for County projects: • In March 2005, staff presented a County Facility Needs assessment that outlined needs totaling nearly $18 million for repairs and improvements for all County facilities. • With the adoption of the updated Capital Funding Policy last spring, the Board indicated its desire to focus attention to reinvesting capital resources towards repairing, preserving and maintaining County facilities that had been unfunded for several years. • For the current fiscal year, funding targeted for County projects was reduced by $1.2 million.. To that end, projects that the Manager recommended and Board ultimately approved for funding for during the September 13, 2005 work session were ones that were deemed the some of the County's highest priorities, • Several opportunities and situations have arisen since the Board's approval of capital funding allocations in September that will require additional funding, Qne example of such a project is the purchase of the "Tweeter Building". At the time that the Board approved the CIP, Commissioners had not approved the purchase of this property, Qne of the elements of the property negotiation and financing included the County paying the owner $50,000 to $100,000 "upfront" and the owner financing the remaining debt of $1,685,000.. While the final negotiations are ongoing, staff had planned to propose that we redirect some particn of the equipment and vehicle pay-as-you-go funds (total of $267,000) towards the "upfront" payment for "Tweeter", Qther examples of un/under funded projects that may need resources before the end of the current fiscal year include relocation of the Highway 57 solid waste convenience center, completion of the CNG fueling station, and laptops for inspection field personnel. It is important to note that there has not been sufficient time for me to work with every affected department head to determine the status of each project ar its most recent timetable, Option 2. Include In the Alternative Financing Plans Scheduled for Issuance in April 2006 At the Board's retreat in January, I reviewed the debt issuance plans and capacity between now and fiscal year 2007-08. In calculating the County's debt service capacity, I projected a $22,0 million alternative financing issuance this spring. The plan included, among other projects, issuing $2 million far Conservation Easements, Additional funding for the Efland water and sewer project was also identified as an emerging funding consideration; however due to the uncertainty of the exact amount of funding needed as well as the project's timeline, no dollar amount was identified for completion of that project, Since that time, as indicated in other materials shared with the Board, many of these uncertainties have become clearer. I have talked with department heads regarding actual cash flow needs of the projects planned for the upcoming alternative financing plans between now and fiscal year 2008, Based on those conversations, the project with the mast flexible schedule during this period is Conservation Easements. Therefore, an option for funding the project shortfall at this time includes redirecting $1..5 million from Conservation Easements to Efland water and sewer construction, With this option, the $2 million funding for Conservation Easements would be included in alternative financing issues in fiscal years 2005-06 ($500,000), 2006-07 ($600,000) and 2007- 08 ($900,000). David Stancil and I have worked together to outline a plan that meets the grant timelines and the timetables of the property owners. While the Board has approved or discussed several individual Conservation Easement projects on the horizon, staff feels certain that with alternative financing issues over the next two years, cash flaw needs for these projects can be met, and all projects will close on time. The table below compares the January 20 debt issuance plans with a possible alternate plan that includes spacing out the Conservation Easement issuances between now and 2007-08: Orange County, North Carolina Proposed Alternative Financing Apri12006 Financing Arrangement -----._ ...'F'eG~uary January 2006 2006 School Projects Proposal Proposal CHCCS Renovations $5,150,000 $5,150,000 OCS Gravelly Middle School Construction $3,500,000 $3,500,000 Total School Projects $6,650,000 $8,650,000 County Projects Animal Services Facility Planning $700,000 $700,000 Conservation Easements $2,000,000 $500,000 Chapel Hill Senior Center $4,150,000 $4,150,000 Efland/Buckhorn Community Water and Sewer Construction $500,000 $2,000,000 Sportsplex $6,000,000 $6,000,000 Total County Projects $13,350,000 $13,350,000 o a ropose erna rve Financing for School and County Projects $22,000,000 $22,000,000 Finance, Budget, Purchasing and Manager staffs spoke with the Local Government Commission (UGC) regarding the debt issuance plans outlined in the above chart. Comments received from the t.GC staff regarding the plan were favorable. For further information, feel free to contact me at extension 2151, ~a Orange County Environment ~ Resource Conservation 306 A Revere Road / 1?O 13ox 51.81 Hillsborough, NC 27278 Phone: (9L9j 245-2590, Fax: (919) 64=43351 MEMORANDUM TO: .John Link, County Manager FROIvI: Da~rid Stanch, Environment and Resource Conservation Director DATE: February 2, 2006 RE: Rescheduling of Conservation Easement Funding As per our conversation, I have spoken with Donna Dean about the need to delay, slightly, some of the conservation easement funding originally programmed for the upcoming issuance of alternative financing to address oilier imminent needs. The funding schedule that we discussed today ($500,000 in spring 2006, $600,000 in fall 2006, and $900,000 in spring of 2007) should enable us to close on the agricultural conservation easements that are in the works from the 2004 and 2005 USDA grant awards that we received, without adverse effects on our projected schedule of closings (based on what we know of the timetables, which is as always subject to change), Please let me know if I can provide any additional information