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Board discusses scaling back Longfellow scope and shifting bond/PI funds to HVAC and South finishes
Summary
Facilities staff proposed amending the Longfellow renovation scope to reflect its current light use and reallocate remaining bond funds and interest toward HVAC projects across seven buildings and finishing work at Westerville South; staff noted potential OFCC/CFAP credits (~$25 million) and estimated a Longfellow scope reduction of about $372,000 and a budget reduction of about $683,000.
District facilities staff outlined options for using remaining bond funds and PI (permanent improvement) dollars and sought board feedback on amended scopes for Longfellow and additional work at Westerville South.
Miss Dennis summarized the district’s capital funding mix (general fund, PI fund, COPS financing and bonds) and said the 2019 bond and subsequent work created credits with the Ohio Facilities Construction Commission (OFCC). “We have about 25,000,000 in credits that we're anticipating receiving,…
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