FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
title
MOTION to authorize the Permanent Municipal Building Committee (PMBC) to set the bid rate for the Gales Ferry School and Juliet W. Long School roofing projects at $50.00 per square foot to account for inflation.
In addition, the Permanent Municipal Building Committee may, with Town Council approval, modify the scope of the "Various School Improvement Projects" to include the replacement of the roofs at the Central Office, Gales Ferry School, and Juliet W. Long School; installation of solar equipment at Gales Ferry School and Juliet W. Long School; upgrades to the building management systems at Gales Ferry School; and electrical and HVAC upgrades at Juliet W. Long School) to stay within the authorized amount $6,725,000, as approved by the townspeople at the February 22, 2022 town-wide referendum.
Also, the Town Council acknowledges that the Town of Ledyard is aware that the State of Connecticut notified the Board of Education that the State would only provide a reimbursement rate of 75% for the cost of the Gales Ferry School roof. This reduction in State grant reimbursement was based the State's record that the Board of Education accepted the school in 2006, although the Gales Ferry School project was completed in 2001; therefore, the State believed that school did not meet the State's the 20-year criteria for full reimbursement.
end
Background:
Per the attached "Resolution Appropriating $6,725,000 For Various School Improvement Projects; and Authorizing the Issue of Bonds and Notes in the Same Amount to Finance Said Appropriation" The Permanent Municipal Building Committee shall be the School Building Committee for the project. The Town Council is authorized to determine the scope and particulars of the project. The Town Council may reduce or modify the scope of the project, and the entire appropriation may be spent on the project as so reduced or modified.
This motion would authorize the Permanen...
Click here for full text