Hillsborough County Public Schools Facilities
Action Item

DATE: Tuesday, March 13, 2007
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

HIGH SCHOOL "UUU" CAMPUS
APPROVAL OF PURCHASE PRICE
56.81 +/- ACRES AT GALLAGHER ROAD AND I-4 (PLANT CITY AREA)

EXECUTIVE SUMMARY

School District staff has successfully appraised and negotiated the purchase of property for a high school site in the Plant City area. The property is an agricultural site consisting of 56.81 +/- acres located on the east side of Gallagher Road, south side of I-4, north of U.S. Highway 92, and east of McIntosh Road. This is the fourth site presented to the Board for approval that will be encompassed into the elementary, middle, and high school campus plan in this area.

The property has been appraised to establish fair market value at $5,680,000 and $5,795,000 and the District has negotiated the purchase price to be the higher value.

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

Provide adequate school facilities for the accomplishment of all District Goals and Critical Success Factors.

FINANCIAL IMPACT (Budgeted: Yes)

Funds in the amount of $5,795,000 plus closing costs will be derived from Impact Fees and 2 Mill Funds.

EVALUATION

SUBMITTED BY:



Cathy L. Valdes
Chief Facilities Officer
(813) 272-4004
6.04
Hillsborough County Public Schools (Florida) * Mtg.#20070313_235 * Section E Item# 6.04