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Attachment 1
<br /> Orange County Southern Branch Library
<br /> Project Category: County Capital Project Status: Active Project Type
<br /> Functional Service Support Services Proposed Bid TBD New X
<br /> Area: Award Date:
<br /> Department: Asset Management Starting Date: 7/1/18 Expansion
<br /> Services
<br /> Project Number: 10050 Completion Date: 6/30/20 Renovation
<br /> Replacement
<br /> Project Description/Justification: Planned funding of$5,625,000 in FY2018-
<br /> 19 is for design and construction costs to replace the Cybrary and McDougle e;q -1 3•r
<br /> library branches for a new Orange County Southern Branch library. The BOCC "...=°—s;"
<br /> directed county staff to coordinate with the Town of Carrboro on locating the >'•
<br /> library on the Town owned 203 S. Greensboro property where the Town of ,.. „t ■IT
<br /> Carrboro would colocate various Town functions with the County's libraryBased -, i .i,;.:
<br /> on this colocation, space needs will be reevaluated to take advantage of t
<br /> s
<br /> potential space efficiencies. The operational costs include staffing of 12.25 FTE - ,x wr
<br /> of which 2.375 FTE will be reassigned from existing Carrboro library operations
<br /> into the new Orange County Southern Branch. Updated cost estimates are _ ^` ',--t-
<br /> based on the actual schematic, and market based cost exercises in a
<br /> collaboration with local engineering and construction estimation firms. . • T .1
<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 /> Expenses
<br /> Land/Building 700,000 -
<br /> Professional Services 472,500 -
<br /> Construction/Repairs/Renovations 5,625,000 5,625,000
<br /> Equipment/Furnishings 750,000 750,000
<br /> Total Project Budget 1,172,500 - - 5,625,000 750,000 - - 6,375,000 -
<br /> Funding Sources
<br /> Transfer from General Fund -
<br /> Available Project Balances 264,000 -
<br /> Debt Financing 908,500 - - 5,625,000 750,000 - 6,375,000
<br /> Total 1,172,500 - - 5,625,000 750,000 - - 6,375,000 -
<br /> Impact on Operating Budget
<br /> Personnel Services 455,000 455,000 455,000 1,365,000 2,275,000
<br /> Operations 165,000 165,000 165,000 495,000 825,000
<br /> Recurring Capital - - -
<br /> New/Add'I Revenue -
<br /> Total Operating Costs - - - 620,000 620,000 620,000 1,860,000 3,100,000
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