Capital Improvement Plan              
    FY2006-2007 through FY2013-2014              
                   
Department/Division:   Board of Education/Verplanck              
                   
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         2,711,412        
                   
Property Acquisition                  
                   
Construction         8,435,504        
                   
Equipment         435,000        
                   
Other         947,304        
                   
Total   0 0 0 12,529,220 0 0 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.  Excalation (Other) calculated at 5% per year.              
                   
    Project also to address the following items noted on prior capital improvement plan:              
                   
    Window replacement              
    Electrical upgrade         Est. Cost    12,529,220
    Roof Replacement         Est Reimb (62.56%)   (7,838,280)
    Install sprinkler         Net Cost      4,690,940
    Air conditioning in media center              
    Replace 1 H.B. Smith Boiler (1949)              
    Repoint and reflash 50' chimney              
    Replace student lockers              
    Fat, Oil & Grease (FOG) separator (pending legislation)              
    Classroom furniture