Orange County NC Website
5 <br /> Jessica Goodell said this is how they can compare dissimilar facilities across the entire <br /> portfolio. She said that once it gets to 60%, they say that is throwing good money after bad if <br /> trying to fix rather than replace. <br /> David Sturtz said that once you get to 50% Facility Condition Index (FCI), it means that if <br /> the building gets replaced at the same square footage, you would spend about half as much <br /> replacing the school as you would just fixing issues. He said as you get higher, the percentage is <br /> the amount you would need to spend on the replacement value of the building. He said that the <br /> FCI is a condition equalizer and an investment metric. He said it addresses the question of at <br /> what point financially is it a better bet to renovate the building vs. just fixing the problem. He said <br /> that fixing it leaves everything where it was and the design unchanged. <br /> Slide #7 <br /> PORTFOLIO FACILITY CONDITION INDEX (FCQ <br /> 5-YearFC1 10-YearFC1 <br /> 9 ■CHCCS ■OCS a ■CHCCS ■OCS <br /> 8 7 <br /> U 6 U S <br /> S <br /> a S4 <br /> .2 '2 S11 <br /> 3 3 <br /> © m I'1 <br /> eyL oa A¢ �e of �e e5 oa �e �e of e <br /> O �o P,eta Pyeca Qo e4�a 0 Vo leca JP <br /> 4 P P <br /> 3 <br /> l / <br /> Jessica Goodell said that the real concerns are expected facility conditions in 10 years. <br /> She said it was important to begin planning now. She said the transportation building falls into <br /> replacement because most of the cost is associated with the asphalt parking lot. She said the <br /> next five years are ok but at the ten-year model, things tend toward below average or worse <br /> conditions. <br />