Minutes - Feb. 9, 2015 Budget Work Session

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BK:00027 PG-0268 LEE COUNTY Committed Today for a Better Tomorrow BUDGET KICKOFF WORK SESSION OF THE LEE COUNTY BOARD OF COMMISSIONERS LEE COUNTY GOVERNMENT CENTER 106 HILLCREST DRIVE GORDON WICKER CONFERENCE ROOM (FIRST FLOOR) SANFORD, NORTH CAROLINA 27330 FEBRUARY 9, 2015 The budget kickoff work session of the Lee County Board of Commissioners for the County of Lee, State of North Carolina, convened at 5 p.m. in the Gordon Wicker Conference Room, First Floor, Lee County Government Center, 106 Hillcrest Drive, Sanford, North Carolina, on said date. Commissioners present at the beginning of the meeting were Amy M. Dalrymple, Dr. Ricky D. Frazier, Larry "Doc" Oldham, Robert T. Reives, Timothy S. Sloan, and Kirk D. Smith. Commissioner Dr. Andre Knecht joined the meeting at 6:28 p.m. Staff in attendance included County Manager John Crumpton, Assistance County Manager /Finance Director Lisa Minter, County Attorney Kerry Schmid, Management Fellow Michael James, and Clerk to the Board Gaynell Lee. Chair Dalrymple called the budget work session to order. Commissioner Sloan delivered the invocation. The pledge of allegiance was recited. Members of the Central Carolina Community College Board of Trustees met with Commissioners to discuss the construction timeline for the bond projects approved during the November election. Julian Philpott, Chairman of the CCCC Board of Trustees thanked Commissioners for the meeting and stated this was an exciting time for the college. He further stated the CCCC Building & Grounds Committee will be making a recommendation to the CCCC Board of Trustees at their Wednesday, February 11th meeting for an architect for the projects. County Manager John Crumpton stated the Commissioners would need to study the matter before anything on the project is finalized. Mr. Crumpton further stated the project needs to be completed within 36- months due to low interest rates at this time and construction costs that can go up the longer the project takes. The County can't go to bond counsel to borrow money until bids are received and approved. It was also recommended that one bond issuance be made in order to save money for the full $23 million project. Commissioner Sloan encouraged the use of local contractors if possible for the project. Finance Director Lisa Minter discussed the County's current outstanding debt and proposed funding of the Community College bonds. Different options will be looked at for refunding of debt that could save the County money. General Services Director Russell Spivey shared with the Board a five -year Facilities Master Plan for his department. Mr. Spivey stated that during the 2012 Evergreen audit it was recommended