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<br />I
<br />This system was originally conceived and designed for the Board's consideration for installation
<br />from the early 2000s through 2009. The Board chose not to pursue the additional 7,000 gallons
<br />of daily flow to support the rapidly declining occupancy and programming of the facility.
<br />Upfit. A full occupancy upfit is estimated at $100 per square foot. The estimated full cost for
<br />this upfit, which includes the expanded Community Center HVAC system, is $2,100,000.
<br />FINANCIAL IMPACT: The Board approved the FY2012 -17 Capital Investment Plan ( "CIP ") that
<br />included $250,000 in FY 2012 -13 for deconstruction of sections of the facility in preparation for
<br />the future use on the site. The Board also approved $2.0 million in FY2014 -15 for the design
<br />and construction of the new facility that, when combined with the $250,000 authorized in FY
<br />2012 -13, brings the total project capital budget to $2,250,000. The following illustration outlines
<br />the costs associated with the alternatives discussed:
<br />Option A — Storaae Use. additional classroom space (No septic uDarade)
<br />Totals: $2,662,700 $2,250,000 $2,250,000 ($412,700)
<br />Option B — Program Use (Septic Upgrade)
<br />Estimated Current Surplus/
<br />Cost Revenues Appropriations Deficit
<br />Cedar Grove $2,000,000 $2,250,000 $2,250,000 $250,000
<br />Project
<br />Estimated
<br />Current
<br />Surplus/
<br />Cost
<br />Revenues
<br />Appropriations
<br />Deficit
<br />Cedar Grove
<br />$2,000,000
<br />$2,250,000
<br />$2,250,000
<br />$250,000
<br />Project
<br />Classroom
<br />$28,800
<br />$0
<br />$0
<br />($28,800)
<br />Wing "Mothball"
<br />Design Fee
<br />Classroom
<br />$579,900
<br />$0
<br />$0
<br />($579,900)
<br />Wing "Mothball"
<br />Estimated
<br />Construction
<br />Cost*
<br />Classroom
<br />$15,000
<br />$0
<br />$0
<br />($15,000)
<br />Wing Storage
<br />Upgrade
<br />Estimated Cost
<br />Palletized
<br />$10,000
<br />$0
<br />$0
<br />($10,000)
<br />Storage
<br />Opening
<br />Additional
<br />$29,000
<br />$0
<br />$0
<br />($29,000)
<br />Classroom
<br />Space Upfit
<br />Estimated Cost
<br />Totals: $2,662,700 $2,250,000 $2,250,000 ($412,700)
<br />Option B — Program Use (Septic Upgrade)
<br />Estimated Current Surplus/
<br />Cost Revenues Appropriations Deficit
<br />Cedar Grove $2,000,000 $2,250,000 $2,250,000 $250,000
<br />Project
<br />
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