Hillsborough County Public Schools Facilities
Action Item

DATE: Tuesday, February 7, 2006
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

HIGH SCHOOL "SSS" - NORTHWEST AREA
APPROVAL OF PURCHASE PRICE FOR THIRD PARCEL OF ASSEMBLAGE

EXECUTIVE SUMMARY

In August 2004, the Board approved staff to appraise and negotiate to purchase property for a high school site in the Northwest area. This parcel, which consists of 5.9 +/- acres located on the north side of Lutz Lake Fern Road, east of the Suncoast Parkway, is part of the three-site assemblage for the proposed high school. This property appraised at $470,000 and the purchase price has been established at $600,000. District is responsible for the 3% brokerage commission totaling $18,000.

ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)

Critical Success Factor 6.a.8: Provide sufficient student stations to ensure uninterrupted student learning and data gathering as measured by District Operational Goals plan.

FINANCIAL IMPACT (Budgeted: Yes)

Funds in the amount of $618,000 will be derived from Certificates of Participation Series 2004C.

EVALUATION

N/A

SUBMITTED BY:

John M. Bowers
Department Manager, Planning and Siting
(813) 272-4709
Cathy L. Valdes
Chief Facilities Officer
(813) 272-4004
6.25
Hillsborough County Public Schools (Florida) * Mtg.#20060207_168 * Section E Item# 6.25