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Liberty High School HVAC.
In June 2004, the Board of
Supervisors approved $4,000,000 in additional funding for
the Liberty HVAC project to improve air quality at that
facility. $769,996 had previously been appropriated for this
project. Earlier this month bids were opened for upgrading
the HVAC system and they reflected the recent escalating
costs of all types of construction and renovation. To fund
the HVAC alternative plan, initially requested by the School
Division, will now require an additional $2,100,000. The
total cost of the project would be $6,869,996.
Claude Thompson Elementary
School Renovation.
In March 2003, the Board of
Supervisors approved the School Division’s request for
$3,144,000 to renovate Claude Thompson. Based on a request
from the School Division, an additional $3,650,000 was
approved in December 2004. On July 8, 2005, the construction
bid for the project was opened and it is estimated that the
total cost of the project could now cost $9,966,000, an
increase of $3,172,000.
Summary.
This work session would
allow for further discussion on the various renovation
elements and related funding concerns of the Board of
Supervisors. A public hearing is scheduled for August 11,
2005, to consider appropriating the additional funding. |
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It is estimated to fully
fund these two projects will require an additional
$5,272,000. If borrowed, the debt would impact beginning in
FY 2007 and be approximately $529,000 annually for 20
years.
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