AGENDA #6

MEMORANDUM

TO:                  Town Council Members

FROM:            Mayor Waldorf and Council Member Strom

SUBJECT:       Presentation on Orange County 2001 Bond Referendum

DATE:             October 22, 2001

Last winter, the Orange County Board of Commissioners appointed a citizen committee to review school and County capital needs.  The committee recommended $85 million to fund the highest priority needs of the schools and the County.

After consideration of needs and impact, the Board of Commissioners set the November 6 bond referendum at $75 million and will seek alternative financing for other priority projects.  The referendum would include:

·        School Bonds ($47 million)

·        Parks, Recreation, and Open Space ($20 million)

·        Affordable Housing ($4 million)

·        Senior Centers ($4 million).

Ken Chavious, the Orange County Finance Director and member of the Hillsborough Board of Commissioners, will be here tonight to provide information and answer questions.  

ATTACHMENTS

1. “Orange County 2001 Bond Referendum” (p. 2).
2. “Low and Moderate Income Housing Bond, Questions and Answers” (p. 3).
3. “Remember to Vote on November 6” (p. 4).
4. “Orange County Parks, Recreation, and Open Space Bond” (p. 6).

5.      “Bond Referendum: November 6, 2001: Senior Centers for Southern and Central Orange   County” (p. 9).