Capital Improvement Plan              
    FY2006-2007 through FY2013-2014              
                   
Department/Division:   Board of Education/Highland Park              
                   
Project Name:   Roof Replacement              
                   
Funding Source:   Future Bond              
                   
Project Description & Purpose:   Replace Entire Roof              
                   
Project   Financing Schedule
                   
    2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014
                   
Planning & Engineering   26,000              
                   
Property Acquisition                  
                   
Construction   234,000              
                   
Equipment                  
                   
Other   13,000              
                   
Total   273,000 0 0 0 0 0 0 0
Justification/Comments: See attached excerpt from K-12 Facilities study completed by Jeter, Cook & Jepson on
June 20, 2002 (item 2.1).  It should be noted that SDE Project #077-0120RR was
completed in 1995 (partial roof replacement) and January 2010 is the earliest date that the 
entire roof will be eligible from reimbursement (calculated here at 50% eligibility).  In
reference to the Like New Replacement scheduled fro 2006-2007, roof replacement
is not required to qualify a project for Like - New status.
Escalation (other) is calculated at 5% per year.
     
Est. Cost        273,000
Est Reimb (62.56%) (85,394)
Net Cost        187,606