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Agenda - 09-20-2022; 12-3 - Information Item - Memorandum - Needs-Based Public School Capital Fund Grant Application
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Agenda - 09-20-2022; 12-3 - Information Item - Memorandum - Needs-Based Public School Capital Fund Grant Application
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9/20/2022
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Agenda
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12-3
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Agenda for September 20, 2022 BOCC Meeting
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1 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> FINANCE and ADMINISTRATIVE SERVICES <br /> Gary Donaldson,CTP,Chief Financial Officer I gdonaldson@orangecountync.gov I PO Box 8181, Hillsborough, NC 27278 919.245.2453 <br /> INFORMATION ITEM <br /> To: Board of County Commissioners <br /> From: Gary Donaldson, Chief Financial Officer <br /> Date: September 20, 2022 <br /> Re: Needs-Based Public School Capital Fund Grant Application <br /> The Needs-Based Public School Capital Fund (NBPSCF) was established to assist counties with their critical <br /> public school building capital needs. Grants from the NBPSCF are funded with revenue from the North Carolina <br /> Education Lottery. Grant funds are available to eligible counties for construction of new school buildings and <br /> additions, repairs, and renovations of existing school facilities. Counties with an adjusted market value of real <br /> property less than $40 billion are eligible to apply for a NBPSCF grant. <br /> The County coordinated with both school district to submit applications for grant funding by the September 1, <br /> 2022 deadline. The NBPSCF requires a local match of up to 35%. The local match for both school districts is <br /> achieved from Board approved funding in the County's Capital Improvement Program. <br /> The Chapel Hill-Carrboro City Schools (CHCCS) grant application project is a complete renovation and partial <br /> replacement of the Carrboro Elementary School. The total funding for this project is $30,345,528 which consists <br /> of a local match of$7,586,382 and a NBPSCF grant request of$22,759,146. <br /> The Orange County Schools (OCS) first grant application is renovation and replacement of the Central <br /> Elementary School Heating, Ventilation and Air Conditioning, Plumbing, and related improvements. The total <br /> funding for this project is $9,233,636.43 which consists of a local match of$2,233,636 and a NBPSCF grant <br /> request of$7,000,000. <br /> The second OCS grant application request is renovation and replacement of the Efland-Cheeks Global <br /> Elementary School Heating, Ventilation and Air Conditioning, Plumbing, and related improvements. The total <br /> funding for this project is $6,603,000 which consists of a local match of$2,603,000 and a NBPSCF grant request <br /> of$4,000,000. <br /> Further updates will be forthcoming following grant award notifications. <br /> cc: Bonnie Hammersley, County Manager <br /> Travis Myren, Deputy Manager <br /> 1 <br />
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