HomeMy WebLinkAboutC.054.93011_1738Commissioner Tice said Susan Blumenstein had her respect, and if Mrs. Blumenstem
said the COPS could be accomplished without a tax increase, then she (Tice) trusted Susan's
figures.
Williams said he still had strong feelings about the financing.
VOTING: Ayes — 5; Nays — 0.
Note: Commissioner Williams did not audibly vote, and as such, this counts as an
affirmative vote.
The following charts indicate the projects that will be included in the COPS Issuance.
Funding Provided By
Projects:
Iredell-Statesville Schools — Phase II Construction Projects
Certificates of Participation & interest on Project Fund $81,900,000
Estimated Sales Taxes on Construction Contracts & FFE 1,800,300
Public School Building Capital Fund 899,700
$84,600,000
Celeste Henkel. Expand to 800+ students
$9,500,000
Replace 13 classrooms, add 12 classrooms, 2 resource
rooms, New Administration area and Media Center
Coddle Creek ElementaryNew 880 student school
19,100,000
New school on Presbyterian Road to relieve overcrowding
at Lake Norman, Mt. Mourne & Woodland Heights.
Includes $1.5 million for land
East Iredell Elementary Expand to 800+ students
9,600,000
Add 10 classrooms, 4 resource rooms and reconfigure
the existing classrooms.
Northview-Ebenezer Replacement
16,900,000
Replace two schools with Third Creek prototype includes
land
Shepherd Elementary. Expand to 800+ students
7,250,000
Add 21 classrooms & 4 resource rooms. Purchase land
for additional parking & traffic control.
South Iredell High
9,000,000
Add 12 classrooms, new gymnasium, locker rooms and
Media Center
Statesville High School
13,250,000
Complete renovations started in Phase 1.
$84,600,000
Funding Provided By
Projects:
Mooresville Graded School District
Certificates of Participation & Interest on Project Fund $26,520,000
Estimated Sales Taxes on Construction Contracts & FFE 707,500
Public School Building Capital Fund & Lottery 1,020,000
528,247,500
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