|
Durham Technical Community College — Orange County Campus
<br /> New Facilities
<br /> Project Category: School Capital Project Status: Planned Project Type
<br /> Functional Service Education Proposed Bid TBD New X
<br /> Area: Award Date:
<br /> Department: DTCC Starting Date: TBD Expansion
<br /> Project Number: New Completion Date: TBD Renovation
<br /> Replacement
<br /> Project Description/Justification: Includes $547,911 in FY - 4 .
<br /> 2018-19 for planning funds towards a new Health Technology
<br /> Buiilding on the Orange County Campus. This represents the
<br /> County match requirement for the use of$1,000,0000 in voter `, I
<br /> approved March 2016 State Connect Bond funds towards this N ,•
<br /> new building. A total of$20,547,911 is budgeted for the -_ ,� l.� ,
<br /> construction of this building, consisting of 56,000 square feet and
<br /> surface parking of 250 spaces. I I 'II ''
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Project Budget Funding 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Total Year 10
<br /> Appropriation
<br /> Land/Building -
<br /> Professional Services 547,911 800,000 1,000,000 2,347,911
<br /> Construction/Repairs/Renovations 8,200,000 10,000,000 18,200,000
<br /> Equipment/Furnishings -
<br /> Total Project Budget: - - - 547,911 800,000 9,200,000 10,000,000 20,547,911 -
<br /> Revenues/Funding Source
<br /> From General Fund(PAYG) - -
<br /> Debt Financing 547,911 800,000 9,200,000 10,000,000 20,547,911
<br /> Grant Funds -
<br /> Total - - - 547,911 800,000 9,200,000 10,000,000 20,547,911 -
<br /> Education Related Operating Costs
<br /> Personnel Services - 700,000
<br /> Operations - 675,000
<br /> Recurring Capital
<br /> New/Addl Revenue -
<br /> Total Operating Costs - - - - - - - 1,375,000
<br />
|