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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: The new facilities project <br /> Includes a total of$26,547,911 in Years 6-10 for the planning <br /> and construction of a new Academic Building on the Orange <br /> County Campus, consisting of 56,000 square feet and surface k <br /> parking of 250 spaces. $547,290 of this amount will be used for <br /> planning and design, and this represents the County match <br /> requirement for the use of$1,000,0000 in voter approved March 1� � <br /> 2016 State Connect Bond funds. The $1,000,000 will also be <br /> used for advanced planning on this project. - <br /> ,pis.- <br /> N <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 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10 <br /> Appropriation <br /> Land/Building <br /> Professional Services 1,800,000 <br /> Construction/Repairs/Renovations 24,747,911 <br /> Equipment/Furnishings <br /> Total Project Budget: 26,547,911 <br /> Revenues/Funding Source <br /> From General Fund(PAYG) <br /> Debt Financing 26,547,911 <br /> Grant Funds <br /> Total 26,547,911 <br /> Education Related Operating Costs <br /> Personnel Services 560,000 <br /> Operations 540,000 <br /> Recurring Capital <br /> New/Addl Revenue <br /> Total Operating Costs 1,100,000 <br /> 153 <br />