Item:
Title
Capital Project Amendment No. 20CPA000018 - Appropriating $1,200,000.00 to a New Durham Public School (DPS) Elementary School C Project with a Funding Source of a Future Financing
Body
Date of BOCC Meeting: December 9, 2019
Request for Board Action:
Agenda Text
The Board is requested to approve Capital Project Amendment No. 20CPA000018 appropriating $1,200,000.00 to a New Durham Public School (DPS) Elementary School C Project with a Funding Source of a Future Financing to be determined.
Pay-As-You-Go (PAYGO) dollars will fund purchases made before funds from the issuance of a future financing is available through an interfund loan not to exceed $1,200,000 and will be reimbursed/repaid as the financing funds become available.
During the Joint Board of County Commissioners (BOCC) and Board of Education (BOE) meeting held on November 12, 2019, agreement occurred to move forward with the construction of Elementary School C. The DPS Board of Education approved the creation of a new Elementary School C project ordinance at its committee work session meeting on November 21, 2019. Elementary School C will be located at 906 Scott King Road in Southern Durham and is projected to open for its first school year in the Fall of 2022. The total project cost is estimated at $39,611,923. The action to appropriate the total Elementary C budget will occur during a subsequent BOCC meeting.
This $1.2 million appropriation allows Durham Public Schools to get started immediately to secure contracts for design (permitting through close-out phases), construction materials testing, commissioning, bid advertisements, reproduction of bid documents, and other construction start-up costs.
Several intersecting factors necessitate the development of the new school including the reduction in classroom sizes resultant from HB 90. House Bill 90 also known as the "Class-size Bill", requires all NC schools to reduce K-3 class sizes. Durham Public Schools existing class ...
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