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Committee reaffirms capital projects list; reserve study funds available, Lizard Acres work expected to start in June
Summary
The committee recapped a previously-reviewed capital improvement list with no changes, noting reserve study funding exceeds $1 million and should cover upcoming equipment replacements; staff said Lizard Acres construction is anticipated to begin in mid-June pending approvals and take about three months.
Committee Chairman **** Rhodes reminded members that the three capital items on the agenda had already been reviewed and forwarded to the governing board and that the items remain unchanged. Rhodes emphasized the projects were anticipated in the reserve study and funded from reserves: "This is a lot of money. There's a lot of money. There's over a million dollars that, is, has been on our reserve study for this equipment," he said, adding, "We have the money. We don't have to go borrow it from anywhere."
Gary Zarek confirmed there were no changes to the capital…
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