AGENDA DATE: 4/5/2017
TITLE:
Title
School Division Capital Projects
BODY
SUBJECT/PROPOSAL/REQUEST: Resolution of Intent to Reimburse Expenditures Related to School Capital Projects with Proceeds of a Borrowing
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Walker, Kamptner, Burrell, and Allshouse, L
PRESENTER (S): N/A
LEGAL REVIEW: Yes
REVIEWED BY: Douglas C. Walker
BACKGROUND: A request for the appropriation of funding for three School Division capital projects; School Maintenance/Replacement Program, Scottsville Elementary School Sitework Improvements project, and the School Bus Replacement Program, is included (Appropriation #2017088) in a separate April 5, 2017 FY 17 Budget Amendment/Appropriations Executive Summary.
This request is for the Board's approval of a Resolution of Intent to Reimburse Expenditures Related to School Capital Projects with Proceeds of a Borrowing for these three projects, and is contingent on the Board's approval of Appropriation #2017088.
STRATEGIC PLAN: Infrastructure Investment: Prioritize, plan, and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs.
DISCUSSION: Funding for the School Maintenance/Replacement Program and the Scottsville Elementary School Sitework Improvements projects were initially planned as part of the FY 18 Capital Improvement Program (CIP) in the FY 18 - FY 23 Recommended CIP. Staff has requested FY 17 appropriations for these projects, primarily to enable the School Division to enter into construction contracts and begin construction of critical school projects while students are out of school during the summer. Funding for the School Division's CIP School Bus Replacement Program is also included in the April 5, 2017 FY 17 Appropriation request in order for the total appropriation to reflect all of the School Division's FY 18 capital projects in their entirety, for administrative clarity.
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