FACILITIES MASTER PLAN / CAPITAL PROJECT REQUEST CAPITAL REQUIREMENTS SUMMARY AND NEEDS ASSESSMENT FORM (Form A)

Transcription

1 CAPITAL REQUIREMENTS SUMMARY AND NEEDS ASSESSMENT FORM (Form A) Telephone Number: Steve Hays Address: A. IMMEDIATE CAPITAL REQUIREMENTS - YEAR 1 (FY ) Funding Sources Space Projected Projected Projected Projected Institutional Education Trust Education Trust Other State Other Funds Estimated Specify Source(s) Specify Source(s) Building Utilization Gross Square Net Assignable Change in Start/ Completion Basis of Priority Fund Fund Funding Total Cost Other State Other Funds Number Description Feet Square Feet Space Category Purpose Acquisition Date Date Requirement Advancement & Technology Fund Elmore County Campus 3 $3,500,000 $3,500,000 $3,500,000 $3,500,000 (If existing Facility or Facilities) each Code each Code. (Yes or No Depending on Project) (Date reported cannot be before the start of the fiscal year to be reported on the form. Fiscal Years run from Oct. 1 - Sept. 30) Instututional Bond Issue NA 1 35,000 26,000 E&G 10/1/2018 9/30/2019 B & D Renovation/Remodeling Projects Building E - Roof Replacement - 1 $400,000 $400,000 Fac. Renewal ,504 9,504 E&G No 1/1/2019 3/31/2019 E Library/Tech Classrooms - Childersburg Campus 2 $300,000 $300,000 Fac. Renewal 4/75% /25% 9,572 6,000 E&G No 1/1/2019 3/31/2019 E A-Frame House - Phase 1 - Lodge - 5 $20,000 $20,000 Fac. Renewal (Conferen 1,461 1,461 Auxiliary No 4/1/2019 6/30/2019 E Conference Center - Phase 1 - Lodge - 6 $210,000 $210,000 Fac. Renewal 5 17 (Conferen 10,380 10,380 Auxiliary No 4/1/2019 6/30/2019 E $930,000 $930,000 Major Capital Equipment Projects Fleet Renewal - College Wide 7 $50,000 $50,000 Fac. Renewal 10/1/2018 9/30/2019 E $50,000 $50,000 Deferred Maintenance/Facilities Renewal Deferred Maintenance - College Wide 4 $100,000 $100,000 Fac, Renewal Various 1 E 6/1/2019 9/30/2019 E $100,000 $100,000 Total Immediate Year 1 Capital Requirements $1,080,000 $3,500,000 $4,580,000 A brief description and justification must be attached for each project listed above. If the descriptions/justifications are listed below adjust the print range so they print out properly. Provide a succinct but thorough justification of the need for the capital project. This information may be included in a separate Word Processing document. See instructions for further information. (Use no more than 2 Codes. USE LETTER OF CODE ONLY

2 CAPITAL REQUIREMENTS SUMMARY AND NEEDS ASSESSMENT FORM (Form B) Telephone Number: Steve Hays Address: B. INTERMEDIATE CAPITAL REQUIREMENTS - YEAR 2 (FY ) Funding Sources Space Projected Projected Projected Projected Institutional Education Trust Education Trust Other State Other Funds Estimated Specify Source(s) Specify Source(s) Building Utilization Gross Square Net Assignable Change in Start/ Completion Basis of Priority Fund Fund Funding Total Cost Other State Other Funds Number Description Feet Square Feet Space Category Purpose Acquisition Date Date Requirement Advancement & Technology Fund (If existing Facility or Facilities) each Code each Code. (Yes or No Depending on Project) (Date reported cannot be before the start of the fiscal year to be reported on the form. Fiscal Years run from Oct. 1 - Sept. 30) (Use no more than 2 Codes. USE LETTER OF CODE ONLY Renovation/Remodeling Projects Major Capital Equipment Projects Fleet Renewal - College Wide 1 $30,000 $30,000 Fac. Renewal 10/1/2019 9/30/2020 E $30,000 $30,000 Deferred Maintenance/Facilities Renewal Total Intermediate Year 2 Capital Requirements $30,000 $30,000 A brief description and justification must be attached for each project listed above. If the descriptions/justifications are listed below adjust the print range so they print out properly. Provide a succinct but thorough justification of the need for the capital project. This information may be included in a separate Word Processing document. See instructions for further information.

3 CAPITAL REQUIREMENTS SUMMARY (Form C) Telephone Number: Steve Hays Address: C. LONG TERM CAPITAL REQUIREMENTS - YEARS 3-5 (FY through FY ) Estimated Total Cost Renovation/Remodeling Projectsg y Lake $500,000 A-Frame House - Phase 2 - Lodge - Lay Lake $25,000 $525,000 Major Capital Equipment Projects Deferred Maintenance/Facilities Renewal Administration Building - Alex City $300,000 Business/Sciences Building - Alex City $250,000 Various - College Wide $250,000 $800,000 Total Long Term Capital Requirements $1,325,000 Funding Source for All Long Term Projects: Education Trust Fund $ ETF Advancement & Technology Fund $ Other State Funding $ Other Funds $ $1,325,000 Total Long Term Funding $ $1,325,000 ********************************************************************* D. TOTAL ALL CAPITAL PROJECTS $ $5,935,000 (The total of Form A, B and C should be reported here)

4 STATEMENT OF BONDED INDEBTEDNESS AS OF SEPTEMBER 30, 2017 Component (E&G, Auxiliary, Hospital, Health, Other) E & G Steve Hays Telephone Number: Address: shays2@cacc.edu NAME OF BOND ISSUE PROJECT USE (Briefly describe project) DATE OF ORIGINAL ISSUANCE ORIGINAL VALUE AMOUNT OUTSTANDING As of 9/30/2017 AMOUNT OF DEBT SERVICE PAID DURING FISCAL YEAR ENDING 9/30/2017 PRINCIPAL INTEREST TOTAL SOURCE OF DEBT SERVICE PAYMENT DATE OF MATURITY 2005 Revenue Bond Talladega g One Stop Center January 1, 2005 $2,075,000 $1,055,000 $100,000 $50,323 $150,323 Tuition Revenue June 1, 2025 Nursing & Allied Health 2009 Revenue Bond Facility e u d & g Improvements o 003 o d ssue November 24, 2009 $2,335,000 $580,000 $220,000 $30,000 $250,000 Tuition Revenue June 1, 2019 & 2012 Revenue Bond New Library Construction on January 27, 2012 $6,735,000 $6,535,000 $270,600 $200,031 $470,631 Tuition Revenue June 1, 2036 Total $11,145,000 $8,170,000 $590,600 $280,354 $870,954 Please be as specific as possible regarding the sources of debt service payments.

5 Facilities Master Plan Project Descriptions Description: Form A - Immediate Capital Requirements - Year I (FY ) New Construction/Acquisition Projects Elmore County Campus ($3,500,000) Due to an increase in enrollment and continued work force demand in the Elmore and Autauga County area, the College plans to have a larger physical presence in the area. Renovation/Remodeling Projects Building E - Roof Replacement - Childersburg Campus ($400,000) Due to deplorable conditions and leakage, the existing built-up tar and gravel flat roof will be substantially removed and replaced with a lite gauge metal roof frame, insulation, and mental roof panels. Library/Tech Classrooms Campus - Childersburg Campus ($300,000) Due to dated and deteriorating conditions, the library and classroom space will be renovated. A-Frame House - Phase 1 - Lodge -Lay Lake ($20,000) Phase one of the A-Framed house includes evaluation of property/structure for viability moving forward. After evaluation is completed, decisions will be made on how to move forward. Conference Center - Phase 1 - Lodge -Lay Lake ($210,000) Phase one of the conference center includes renovation of aged property and technology upgrades. Major Capital Equipment Fleet Renewal - College Wide ($50,000) The College vehicles are aged and need replacing. The College will replace 2 to 3 vehicles for the next 5 years Deferred Maintenance/Facilities Renewal Deferred Maintenance - College Wide ($ 100,000) This includes repair and upgrade to power transformer on Alex City and Childersburg campuses. The College will work with Alabama Power to transition utilities infrastructure, ownership, and maintenance to the Alabama Power Company. Description: Form B Major Capital Equipment Fleet Renewal - College Wide ($30,000) The College vehicles are aged and need replacing. The College will replace 2 to 3 vehicles for the next 5 years