Facilities
Action Item |
DATE: | Tuesday, May 17, 2011 | ||||||||||||||
TO: | School Board Members | ||||||||||||||
FROM: | MaryEllen Elia, Superintendent | ||||||||||||||
SUBJECT / RECOMMENDATIONS | |||||||||||||||
Approve the 2011 Capital Outlay and Debt Service (CO&DS) Bond Resolution | |||||||||||||||
EXECUTIVE SUMMARY | |||||||||||||||
The District has been notified of a new State Board of Education Capital Outlay Bond issue. Hillsborough County Public Schools' bond capacity for this issue is $745,000. CO&DS dollars are derived from license plate revenues. By law, the state is required to continuously bond this revenue. Renovations at Chiaramonte Elementary School are recommended for use of these funds. Previous CO&DS funds allocated for renovations at Chairamonte Elementary are.
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STRATEGIC OBJECTIVES | |||||||||||||||
• Construct and maintain facilities that create an environment conducive to teaching and learning | |||||||||||||||
FINANCIAL IMPACT (Budgeted: Yes) | |||||||||||||||
The 2011 bond sale will yield the District $745,000. Including the 2011 issue, CO&DS funds allocated for Chiaramonte Elementary total $5,367,955.27. | |||||||||||||||
EVALUATION | |||||||||||||||
SUBMITTED BY: Jan Albritton, Asset Specialist |
Lorraine Duffy Suarez | Cathy L. Valdes | |
General Manager, Growth Management & Planning (813) 272-4685 |
Chief Facilities Officer (813) 272-4004 |
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A 6.07 | ||
Hillsborough County Public Schools (Florida) * Mtg.#20110517_459 (Board Meeting) * Section A Item# 6.07 |