HomeMy WebLinkAboutRES-2005-004 Intent to appropriate additional funds for construction of OCS Middle School #3~~5 _ ~ad.~- o~
a ~ - /0_1~~ ~ APPROVED 01 /24/05
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ORANGE COUNTY BOARD OF COMMISSIONERS
A RESOLUTION OF INTENT TO APPROPRIATE ADDITIONAL .FUNDS FOR
CONSTRUCTION OF ORANGE COUNTY SCHOOLS MIDDLE SCHOOL #3
WHEREAS, the Orange County Board of Commissioners and Orange County
Board of Education .have agreed to collaborate in the development of a new
middle school and a new multi-field soccer complex on approximately 100 acres
of property located between West Ten Road and Interstate 40/85; and
WHEREAS, the Orange County Board of Education has approved a design for
the middle school that is based on a prototype of the Smith Middle School
constructed several years ago in the Chapel Hill-Carrboro School system; and
WHEREAS, at approximately 123,000 square feet, the planned size of Middle
School #3 falls within the parameters established in the Board of Commissioners'
1996 adopted middle school construction standards; and
WHEREAS, the current estimated total project cost for Middle School #3, based
on construction bids received by the Orange County Board of Education in
December 2004 is $22,608,091; and
WHEREAS, earmarked County and OCS revenue for the project, including $18.5
million in voter-approved general obligation bonds, is $3,520,566 less than the
currently estimated project cost; and
WHEREAS, the Board of Commissioners in December 2004 indicated its intent
to redirect (with subsequent replenishment) some or all of planned alternative
financing debt of $12.8 million for Chapel Hill-Carrboro Elementary School #10 to
address more pressing financial needs for OCS Middle School #3, CHCCS High
School #3, County senior centers, or other projects;
NOW, THEREFORE, BE IT RESOLVED THAT the Orange County Board of
Commissioners does hereby indicate its intent to appropriate $3,520,566 in
additional funding for the construction of Middle School #3, with said
appropriation to be incorporated in and executed by Board of Commissioner
adoption of an updated capital project ordinance for Orange County Schools
Middle School #3.
This, the 24'h day of January, 2005.