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CHAPTER 5- OPTIONS FOR DEVELOPMENT <br /> Meeting ive <br />Meeting Agenda Meeting five concentrated discussion on the estunated <br /> construction and projected space requirements and project costs <br /> associated with consolidating Orange County Judicial Agencies. <br /> In addition the mission statement developed at meeting one was <br /> reviewed and modified to reflect the Committee's decision for <br /> both. a primary and secondary location in order to best serve <br /> Orange. County. Financing and options for potential site <br /> locations were also examined. <br />Projected Space County Government and AncillaryBusiness Services projections <br />Requirements for immediate and future space requirements are illustrated in <br /> Table 4 and summarized below; <br /> 1995 2005 2020 <br /> Total Gross S. F. <br /> Required to Meet 117,326. 96,205 103,310. <br /> Requirements <br />Estimated Two options were discussed for addressing the immediate needs <br />Construction for space to meet the 1995 requirements; <br />Costs <br /> • Renovate exiting space and construct additions for new ~ <br /> • Construct all new <br /> The costs to renovate and add new is shown in Table 5. All new <br /> construction is shown in Table 6. <br /> Summarizing the estimated project costs for both options are <br /> shown on Table 7 and summarized below; <br />Option 1995 2005 2020 <br />Renovate snd <br />Addition $5,963,739 $18,264,372 $34,723,431 <br />All New <br />Construction $14,873,765 $18,214,362 $34,723,431 <br /> <br />Total for <br />Renovations and <br />Additions $58,951,542 <br />Total for ALL <br />New Construction $67,861,568 <br />5-1 <br />