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HomeMy WebLinkAboutAgenda - 05-14-1996 - VIII-C 1 1 Orange County Board of County Commissioners Action Agenda Item No VIII-C Action Agenda Item Abstract Meeting Date: May 14, 1996 Subject: Public School Building Fund Application/Budget Amendment#7 Department Budget Office Public Hearing Yes No—x_ Budget Amendment Needed Yes—x–No Attachment(s) Information Contact Sally Rost, Ext.2152 Public School Building Fund Application Telephone and Extension Number Revised Capital Project Ordinances: Hillsborough 732-8181 Chapel Hill High School Phase II Chapel Hill 968-4501 New Chapel Hill-Carrboro Elem School Durham 688-7331 Reserve for Future Projects Mebane 227-2031 Purpose To approve an application to the State Budget Office to release funds from Orange County's Public School Building fund account for the McDougle Elementary School Project and to approve the revised capital project ordinances reflecting this application. Background The Board of Commissioners approved as part of the 1994-1999 Capital Improvements Plan, Public School Building Funds totaling $381,190 to be used for the Chapel Hill High School Phase II Renovation project. Since that time, the Chapel Hill-Carrboro Board of Education has modified the scope of this project to include only a transportation center, eliminating, for the time being, renovations to academic space and the cafeteria area. Under the rules of the Public School Building Funds, support services space, such as a transportation center, cannot be financed using Public School Building Funds. County Staff has notified the State regarding the change in the scope of this project, and the State Budget Office has released the original application for these funds. To implement this application, a change in funding source between capital projects is necessary. The attached capital project ordinances make this technical amendment, These ordinances allow the Transportation Center to be financed from sales tax proceeds and meets the State requirements for the Public School Building Fund. In addition to the funding source change above, the 1995-2000 Capital Improvements Plan includes $455,462 in Public School Building Funds as part of the financing plan for McDougle Elementary School. These funds, combined with the $381,190 released from i 2 f the High School Phase II project , total $836,652 requested to be remitted by the State to Orange County. The application process requires formal requests for funding from both the Board of County Commissioners and the Board of Education of the school system concerned. The Chapel Hill-Carrboro Board of Education approved the application at their meeting on April 4, 1996. Recommendation The Manager recommends that the Board of Commissioners approve the application for $836,652 in Public School Building Capital Funds for McDougle Elementary School, and authorizes the Chair to sign the application. Application: Public School Building Capital Fund Exhibit 2 3 Approved: Date: County Orange County Contact Person: Sally Kost Address: P.O.Box 8181 Title: Budget Director Hillsborough,NC 27278 Phone:(919) 732-8181 ext.2151 School Admin. Unit: Chapel Hill-Carrboro City Schools Project Title: McDougle Elementary School Location: Carrboro, North Carolina Type Of Facility: Elementary School-New Construction GS-1 15C-546.2(b) "Monies in the Fund shall be used for capital outlay projects including the planning, construction, reconstruction,enlargement,improvement,repair or renovation of public school buildings and for the purchase of land, for public school buildings. As used in this section, `public school buildings' only include facilities for individual schools that are used for instructional and related purposes and does not include centralized,administration,maintenance or other facilities." Short Description Of Construction Project: Construction of a 600 student elementary school to be constructed adjacent to the McDougle Middle School. Estimated Costs: State Local Total Purchase of Land 0 Planning 496,500 165,500 662,000 Construction 340,152 9,909,848 10,250,000 Renovation-Furnishings/Startup 639,915 639,915 Enlargement Repair Total $836,652 $10,715,263 $11,551,915 Bid Dates/Vendors: Contracts Signed/Dates: Feb 2, 1995 Estimated date of beginning of Construction Feb. 1995 Estimated date of completion July 1996 MATCH: The Matching funds of one dollar of local funds for every three dollars of State funds are from(source):half cent sales tax revenue,impact fees and proceeds from private placement financing. $5,738,856(through February 1996) of the matching funds have been expended for date/description: 1)Planning S 662,000 2)Construction $5,076,856 3)Renovation REPORTING REQUIREMENTS: We,the undersigned,agree to submit a statement of local/state amounts expended for each project in each local school administrative unit quarterly. The County Commissioners and the Board of Education do hereby jointly request approval of the above project and release of $836,652 from the Public School Building Capital Fund. We certify that the Project herein described is within the parameters of 115c-546.2(b) and that all of the match is available and designated as match for this project. '- X (signature-Chair,County Commissioners) (date) ure-Chair,Board of Education) (date) 4 Chapel Hill High School (Phase II) Project Chapel Hill/Carrboro City Schools Capital Project Ordinance Project Number 64-880-7107 Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina,the following capital project is hereby adopted. Section 1. The project authorized is for a transportation center to be constructed with funds allocated in this project. This project will be financed with proceeds from the Schools' portion of the one-half cent sales taxes. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: Transfer from Middle School Project(1991-92) $ 40,000 Transfer from School Capital Reserve(1992-93) $425,146 Transfer from General Fund(1993-94) $243,810 Transfer from General Fund(1994-95) $ 50,000 Transfer from Chapel Hill High School Capital $ 4,547 Project Phase I (1994-95) Transfer from General Fund(1995-96) $244,538 Transfer from Reserve for Future Projects $116,652 Project(1995-96) Total Revenue $1,124,693 Section 4. The following amount is appropriated for this project: Chapel Hill High School (Phase II) $1,124,693 Section 5. This ordinance supersedes all previous Chapel Hill High(Phase lI) Center Capital Project Ordinances. Section 6. This ordinance, originally adopted June 26, 1990, shall be in effect until June 30, 1996. Adopted this 14th day of May, 1996. M:\BUDGET\9596\ORDS\SCHCAP\CHliSII.WORD t 5 New Chapel Hill-Carrboro Elementary School (McDougle Elementary School) Chapel Hill-Carrboro City Schools Capital Project Ordinance Project Number 64-880-7115 Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds to construct a new elementary school in the Chapel Hill/Carrboro School District to open in 1996-97. The project will be financed through an installment purchase arrangement, from sales tax revenue and from impact fee proceeds and from Public School Building Funds. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated for this project: Transfer from Reserve for New Elementary School Capital Project(1993-94) $81,859 Transfer from General Fund (1994-95) $673,857 Transfer from Impact Fees Fund (1994-95) $294,188 Transfer from Reserve for Future Projects (1995-96) $43,348 Total Transfers $1,093,252 Public School Building Fund (1995-96) $836,652 Proceeds from Installment Purchase $9,600,000 Total Revenues S11,529,904 Section 4. The following amount is appropriated for this project: New Chapel Hill-Carrboro Elementary School Capital Project $11,529,904 Section 5. This ordinance supersedes all previous New Chapel Hill-Carrboro Elementary School Capital Project Ordinances for the Chapel Hill-Carrboro City Schools System. Section 6. This ordinance,originally adopted March 1, 1994, shall be in effect until June 30, 1996. Adopted this 14th day of May, 1996. m:\budget\9596\ords\schcap\chelem.word 6 i Reserve for Future Projects Chapel Hill-Carrboro City Schools Capital Project Ordinance Project Number 64-880-7190 Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina,the following capital project is hereby adopted. Section 1. The project authorized establishes a reserve fund for future Chapel Hill-Carrboro City Schools capital projects. The project will be financed with proceeds from the Schools' portion of the one-half cent sales taxes. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: Transfer from School Capital Reserve Fund(1990-91) $180,000 Section 4. The following amount is appropriated for this project: Reserve for Future Projects $180,000 Section 5. A portion of the available funds for this project has been transferred to the New Chapel Hill-Carrboro Elementary School and the Chapel Hill High School Phase II Project. Section 6. The following amendment is anticipated to complete this transfer: Transfer to New Chapel Hill-Carrboro Elementary School $ 43,348 Transfer to Chapel Hill High School Phase II $116,652 Reserve for Future Projects $ 20,000 Section 7. This ordinance supersedes all previous Reserve for Future Projects Capital Projects Ordinances for the Chapel Hill-Carrboro City Schools System. Section 8. This ordinance shall be in effect from the date of adoption until June 30, 1996. Adopted this 14th day of May 1996. m:\budget\9596\ords\schcap\chftitres.word