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Minnehaha County committee reviews campus cash-flow projections and higher-than-expected renovation estimates
Summary
The Minnehaha County Building Committee reviewed cash-flow projections for campus capital projects and heard that mechanical, electrical and plumbing cost estimates for the Administration and Extension Building renovations exceeded expectations; the committee directed staff to prepare schematic designs for the March 2 meeting.
The Minnehaha County Building Committee met Feb. 23, 2021, to review cash-flow projections for campus capital projects and updated cost estimates for planned renovations to the Administration and Extension buildings. The committee also approved meeting minutes and adjourned.
Ben Kyte, the county auditor, briefed the committee on cash-flow projections for the Minnehaha County campus building project, outlining available cash resources and financing options to support potential capital improvements. The briefing did not include dollar totals or a detailed financing schedule.
Committee Member Heiberger asked whether COVID-related funds could be used to support the projects. Carol Muller, the commission administrative officer, responded that moving funds from the…
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