Capital Improvement Plan              
    FY2006-2007 through FY2013-2014              
                   
Department/Division:   Board of Education/Martin              
                   
Project Name:   Like - New Renovation              
                   
Funding Source:   Future Bond              
                   
Project Description & Purpose:   Renovate entire facility to certified 20-year useful life              
                   
Project   Financing Schedule
                   
    2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014
                   
Planning & Engineering             1,730,570    
                   
Property Acquisition                  
                   
Construction             5,445,175    
                   
Equipment             333,000    
                   
Other             915,235    
                   
Total   0 0 0 0 0 8,423,980 0 0
Justification/Comments: Addresses building, fire, health and safety code issues.  Includes all aspects of
construction and FFE.  Excludes ADA code issues.  Costs estimated at $165 sq/ft of 
existing facility, no expansion assumed.  Separate roof replacement cost listed as 
equipment.  Excalation (other) calculated at 5% per year.
Project also to address the following items noted on prior capital improvement plan:
Window replacement
Electrical upgrade      
Install sprinkler Est. Cost      8,423,980
Replace 1 H.B. Smith boiler (1968) Est Reimb (62.56%) (5,270,042)
Rebuild unit ventilators Net Cost      3,153,938
Roof Replacement      
Air conditioning in media center
Classroom furniture