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File #: 16-162    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 1/14/2016 In control: Board of Supervisors
On agenda: 2/3/2016 Final action:
Title: Western Albemarle High School (WAHS) Kitchen Upgrade Capital Project
Attachments: 1. 16-162 Attacht A-2016-02-03_Borrowing_Reso.pdf
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AGENDA DATE:  2/3/2016

 

TITLE:

Title

Western Albemarle High School (WAHS) Kitchen Upgrade Capital Project

BODY

SUBJECT/PROPOSAL/REQUEST:   Resolution of Intent to Reimburse Expenditures Related to the WAHS Kitchen Upgrade with Proceeds of a Borrowing

 

ITEM TYPE:  Consent Action Item

 

STAFF CONTACT(S):  Foley, Davis, Henry, Burrell, and Allshouse, L

 

PRESENTER (S):  N/A

 

LEGAL REVIEW:   Yes

 

REVIEWED BY: Thomas C. Foley

 

BACKGROUND:  A Western Albemarle High School Kitchen upgrade Capital Improvement project is currently included in the Adopted FY 16-FY 20 Capital Improvement Plan as a part of the School CIP maintenance and replacement funding. The project is planned to be completed in FY 17. This project includes a complete renovation to the 3,257 square foot Western Albemarle High School kitchen and serving lines, including replacement of the freezer, cooler, other kitchen equipment and mechanical services to ensure that the kitchen and equipment are laid out in a safe and efficient manner.

STRATEGIC PLAN:  Goal 2:  Critical Infrastructure:  Prioritize, plan and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs.

 

DISCUSSION:   In order to allow adequate time for the project to be operational by the fall of 2016 for the start of school, school division staff requests that the funding for this project be appropriated in FY 16 instead of FY 17, so that the kitchen equipment can be ordered as soon as possible and the project be completed before the start of school. Based on current information, the lead time for ordering the equipment for this project is 12-16 weeks

The Board will be requested to approve the appropriation of $770,000.00 in funding for this project as part of the February 3 Budget Amendment and Appropriations agenda item (Appropriation #2016060).  In addition, adoption of the attached Resolution of Intent to Reimburse Expenditures with Proceeds of a Borrowing (Attachment A) is legally necessary if borrowed funds are to be used to fund the project. 

 

BUDGET IMPACT: The proposed revenue source for this project is borrowed proceeds and is currently included in the adopted CIP.

If the Board approves the appropriation of FY 16 funding for this project (Appropriation #2016060 in a separate February 3 Budget Amendment and Appropriations Executive Summary), staff recommends that the Board adopt the attached Resolution of Official Intent to Reimburse Expenditures with Proceeds of a Borrowing (Attachment A). This resolution would allow the County to use up to $770,000.00 in borrowed proceeds to reimburse the capital budget for expenditures incurred prior to the programmed borrowing of funds for this project.  

 

RECOMMENDATION:

Recommendation

Staff recommends that the Board adopt the attached Resolution of Official Intent to Reimburse Expenditures with Proceeds of a Borrowing (Attachment A).

 

ATTACHMENTS: 
Attachment A - Resolution of Official Intent to Reimburse Expenditures with Proceeds of a Borrowing