ORMC MCC Business Plan ORMC_MCC_Business_Plan_032319

NEXT STEPS Public Hearing A public hearing, where individuals or groups may present comments to partner municipalities of the ORMC initiative on the establishment of the ORMC MCC is scheduled for 10:00am on May 1, 2019. Approval Following the conclusion of the public hearing on May 1, 2019, it is expected that County Council will vote on a resolution establishing the ORMC MCC. Forecasted Timelines Key Activities Estimated Completion Estimated Completion Date (Fast Track) Date (Contingency) • Initial Direction Motions and Schedule Public Hearings February 13, 2019 • Creation of the Business Plans • Unanimous Shareholder Agreements • Produce 10 year Operating & Capital Budgets • Disclosure of Public Hearing Documents • Public Hearings • Council will adopt the Unanimous Shareholder Agreement • Council will appoint MCC Board Members Municipally Controlled Corporation Business Plan February 13, 2019 March 25, 2019 March 25, 2019 April 1, 2019 April 1, 2019 May 1, 2019 May 1, 2019 .9

ORMC MCC Business Plan ORMC_MCC_Business_Plan_032319 | Page 9