1988 - 07-25-88 Special Meeting - Laserfiche WebLink

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Bond money on ha FY 87-88 State funds Sub- total FY 88-89 State funds FY 88-89 Local funds Sub-total FY 89- 90 State Funds FY 89- 90 Local Funds Sub-total FY 90-91 State Funds FY 90-91 Local Funds Sub- total FY 91-92 State Funds FY 91-91 Local Funds Sub-total Grand total and Hu 12 PACE 47146 $1, 000, 000 570,792 413, 274 500,000 320,933 500,000 354, 730 500, 000 390,946 500,000 $ 1, 570, 792 913, 274 820, 933 854, 7'30 890,946 $ 5, 050. 675 WHEREAS, the Board of Commissioners endorses the concept of using such commitments to enable construction of the Greenwood School to commence in the fiscal year 1988-89 provided Local Government Commission approval of the method and time table of obtaining such funds, and; WHEREAS, the Board of Education understands that the total commitment of the Board of Commissioners for four annual payments of $500, 000 for a total of $2, 000, 000 and that all cost overruns, interest and contingencies must be anticipated and included in the project cost; NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners that the County Manager is authorized and directed to work with the Superintendent of the school administrative unit to determine if arrangements can be made which will enable such construction to begin in Fiscal Year 1988-1989; and BE IT FURTHER RESOLVED that when and if such arrangements have been determined that such arrangements be reported to the Board of Commissioners for their consideration, Commissioner Raymond C. Cox, Jr. , seconded the motion and upon a vote the results were as follows: AYE: Cox, Dossenbach, Matthews, Wicker and Dotterer NAY: None