FY2023-FY2028 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: ED1045 Capital Project Title: Green Valley ES Replacement/Addition Asset Type: New/Modernizations Asset Category: Board of Education Capital Project Status: In Progress

Activity #: C1609.1609.02

Region:

Year Identified: 2021 Est Completion Date: 8/31/2025

Capital Project Description: Green Valley ES is a 50 year old building. There have been no significant renovations to this building other than occasional systemic projects. The FCI for the building is 52% and is classified as critical. The school currently serves grades K-5 and is operating at 138% of SRC. The Board of Education approved the recommendation of the Green Valley ES Feasibility Study to replace the school on a nearby site in the Landsdale community on Ed McLain Rd and Monrovia Boulevard utilizing our current elementary school prototype design. The cafeteria will be utilized by the local YMCA for before and after school care. The new 83,678 sq. ft building will have a State Rated Capacity for this project is 705. The project delivery method will be CM At Risk.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Studies / Surveys

150,190 150,190

Site Work- State's Share

3,547,607 1,469,135

1,773,804 1,773,803

A&E - State's Share

1,469,135

Construction - State's Share 21,310,750

815,817 20,494,933

Equipment - State's Share Site Work - County's Share

1,235,000 2,466,950

1,235,000

1,233,475 1,233,475

A&E - County's Share

791,072

791,072

Construction - County's Share 17,999,019

694,287 17,304,732

Equipment - County's Share

665,000

665,000

Total Cost:

49,634,723 150,190 6,777,590 42,706,943

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

MD BOE - Built To Learn Trans from Impact Fee Trans from School Mitigation

27,562,492 8,275,000 2,000,000

4,058,756 23,503,736 2,400,000 5,875,000

2,000,000 7,500,000

Trans from School Construction

7,650,190 150,190

General Obligation Bonds Recordation Tax Bonds MD BOE - Cash Forward Funding

4,147,041

318,834 3,828,207

0 0

Total Cost:

49,634,723 150,190 6,777,590 42,706,943

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