MINUTES
STATE OF
The Henderson County
Board of Commissioners met for a special called meeting at
Those present were: Chairman Bill Moyer, Vice-Chairman Charlie
Messer, Commissioner Larry Young, Commissioner Shannon Baldwin, Commissioner Chuck
McGrady, County Manager Steve Wyatt, Assistant County Manager Selena Coffey, Assistant
County Manager Justin Hembree, County Attorney Russell Burrell, Clerk to the
Board Elizabeth Corn, Deputy Clerk to the Board Amy Brantley and Finance
Director J. Carey McLelland.
CALL TO ORDER/WELCOME
Chairman Moyer called
the meeting to order and welcomed all in attendance. The purpose of this meeting was a workshop on
the FY 2006-2007 Budget.
DISCUSSION/ADJUSTMENT/ADOPTION OF AGENDA
Commissioner
McGrady made the motion to approve the agenda. All voted in favor and the
motion carried.
CAPITAL PROJECTS FINANCING UPDATE
Mr. McLelland presented
the following capital projects financing update, and list of the 2006A COPs
capital projects financing project costs:
·
BOC
approved resolution to borrow an estimated $51 million for capital
projects based on architect's project cost estimates plus closing costs for a
total of $51.82 million.
·
New
·
·
LGC
application submitted for $51.82 million in capital project costs for
the four projects. Since bids not in for Historic Courthouse and Mills River
Elementary School projects, $1 million in savings on BRCC project bid
allocated 50/50 between these
two projects as suggested by the LGC.
·
Rating
agency upgrade to AA- from A+ on our outstanding GO Bonds from Standard
& Poor's. Now have AA rating from all three rating agencies on our
outstanding GO Bonds.
·
LGC
approves County application for financing for a not to exceed amount of $51.82
million.
·
Historic
Courthouse construction bid comes in under cost estimate and total project
budget of $10 million.
·
·
BRCC
cost estimate of $1.2 million for equipment provided by project
architect. Today we learned that total project budget short $900k due to
incorrect cost estimate for equipment in project budget.
·
Total
project costs for all four capital projects exceed capital project loan
proceeds by $3.4 million.
2006A COPs capital
project proceeds |
$51,000,000 |
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|
|
|
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Less project costs: |
|
|
|
|
|
$15,300,000 |
|
|
|
$16,200,000 |
|
|
Historic Courthouse |
$10,000,000 |
|
|
|
$12,938,316 |
($54,438,316) |
|
|
|
|
Project costs
exceeding proceeds |
|
($ 3,438,316) |
|
|
|
|
|
|
Total project funding |
$10,400,000 |
|
|
Less: Total project
costs |
($12,938,316) |
|
|
|
|
|
|
Costs in excess of
funding |
($ 2,538,316) |
|
|
|
|
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BRCC Project: |
|
|
|
|
Total project funding |
$15,300,000 |
|
|
Less: Total project
costs |
($16,200,000) |
|
|
|
|
|
|
Costs in excess of
funding |
($ 900,000) |
|
HISTORIC COURTHOUSE PROJECT BIDS
Russ Burrell distributed
an agenda item which included the bid tabulation sheet and a letter from the
project architect recommending approval. H&M Constructors, a division of MB
Haynes Corporation was the low bidder. The
As the total project,
including the schools, included in the funding was not within the overall
budget, Mr. Burrell noted that it would be appropriate to allow “value
engineering”, or negotiation with the low bidder, to a small extent. There was
a chance for some small cost savings below the low bid due to some issues with
lighting fixtures. He recommended the Board negotiate with the low bidder, and
authorize the entry of a contract in an amount not to exceed the amount of the
low bid received.
Commissioner
McGrady made the motion that the Board award the contract for the renovation of
the historic courthouse and the construction of a new annex to H&M
Contractors, a division of MB Haynes Corporation, including the alternate bid,
in an amount not to exceed the amount of the bid received, which was
$8,297,000. All voted in favor and the motion carried.
PUBLIC SCHOOL SYSTEM AND COMMUNITY COLLEGE
CAPITAL PROJECTS BUDGETS
Chairman Moyer reminded
the Board that the County had been using a figure for equipment for the
David Hutto distributed
a summary of how the budget had changed since September, 2004, when it was
originally submitted to the Board of Commissioners and Community College
system. The original estimate was for $12 million. By December 2005, the
architect had indicated that construction costs had increased substantially,
and the estimate was raised to $16,219,572. BRCC understood that the County had
accepted that figure, rounded to $16.2 million, and that was the budget that
they worked forward on. When the bids came in under budget, they still
considered that they had a $16.2 million budget from the County. They shifted
$104,000 into the contingency fund, $14,000 into the special inspections fund,
and the remainder into the equipment budget. The full estimate to equip the
building was $2,627,005. Since the County had previously increased its
commitment from $12 million to $16.2 million, they did not wish to come back with
a request for more money to equip the building.
Ed Bell stated that from
the very beginning, BRCC had known it would take more that a million dollars to
equip the building. Their main priority however, was to stay within the dollars
they felt were allocated to the project, and get the building built. For
projects in the past, they have had the flexibility of using construction
dollars for equipment to make up differences. They had also been looking to
federal and private funds to supplement the equipment budget. Mr. Bell
estimated the total equipment package for the building at $3 million by the
time the building is in place and equipped.
There was much concerned
discussion amongst the Board about the figures they had been provided, versus
what they were now hearing were the actual needs to complete the
Dr. Stephen Page,
Superintendent of the Henderson County Public Schools, addressed the issue of
the
Dr. Page proposed the
following ideas to help the County with the funding:
·
Appropriate
the entire $12,938,316 in June 2006
·
The
first $10,399,316 could come from the COPs issuance, with the balance being
certified by the County to fund under a future COPs.
·
The
addition could also come from another source such as bank financing.
Chairman Moyer stated
that using the information presented at the past few Joint Schools Facilities
Meetings, Mills River Elementary had a capacity of 397, with 444 students in it
currently. The Board was being asked to spend over $13 million to take that
school up to a capacity of 508 in 2011. Chairman Moyer felt that other schools
also had pressing needs, while this construction would only add about 50
students at a tremendous cost. The brand new Sugarloaf Elementary was going to
be built for only $15.3 million. Dr. Page pointed out that the $13 million
wouldn’t just add the additional capacity, but would essentially result in a
brand new school for
Chairman Moyer
questioned whether it legally possible for the Board to set aside $4,000,000
for the gym and cafeteria and phase the project, without having a bid for the
specific phase. Russ Burrell stated that the Preliminary Official Statement
(POS) needs to be pretty well set in stone, and that says what the projects are
going to be. Typically the POS define the projects fairly well, specifying what
the construction entails and a not to exceed amount. If the POS become
incorrect, that makes the sale a problem. There followed additional discussion
about other financing options, such as private placement with a bank. Mr.
McLelland stated that if the Board went that route, they would want to have no
pre-payment penalty so it could be paid off and combined with something later
on. Mr. Wyatt also discussed the upcoming 12-year capital improvements plan,
stating that further discussion about the school would fit that schedule. If
the Board wishes to extend the COPs to $54 million, there may be a way to
configure the COPs, but he did not see additional options if the Board wished
to stay at $51 million.
There was additional
discussion among the Board about possibilities for
DISCUSSION OF PROPOSED FY 2006-2007 BUDGET
Per
the Board’s recent budget deliberations, Staff had prepared a list of potential
additions and potential cuts to the proposed budget. Those budget adjustments
were as follows:
POTENTIAL
ADDITIONS TO THE BUDGET |
AMOUNT |
TAX RATE EQUIVALENT |
|
BRCC
Full Funding |
$1,178,427 |
$0.0129 |
|
Schools
Funding |
$4,094,777 |
$0.0450 |
|
Current Expense (Full Funding) |
$1,147,507 |
|
|
Capital
Expense (Full Funding) |
$1,213,300 |
|
|
Hillandale (Debt Service on $14 million) |
$1,123,000 |
|
|
Balfour Automotive Center |
$610,970 |
|
|
Local
Child Care Subsidy |
$405,288 |
$0.0045 |
|
Chamber
of Commerce: |
$10,000 |
$0.0001 |
|
Rescue
Squad |
$63,007 |
$0.0007 |
|
|
$479,000 |
$0.0053 |
|
Vehicle
Mechanic |
$41,182 |
$0.0005 |
|
Increase
COLA by 2% to match State Employees |
$513,000 |
$0.0056 |
|
Restore
Fund Balance |
$515,563 |
$0.0057 |
|
Recreation
(Full Funding) |
$3,002,307 |
$0.0330 |
|
Renovations
to |
$200,000 |
$0.0022 |
|
Adequate
Public Facilities Plan |
$80,000 |
$0.0009 |
|
Economic
Impact Analysis Plan |
$50,000 |
$0.0005 |
|
Social
Services Supervisory Positions (3) |
$133,218 |
$0.0015 |
|
TOTAL |
|
$0.1183 |
POTENTIAL
CUTS TO THE BUDGET |
AMOUNT |
TAX RATE EQUIVALENT |
Library
Publications |
-$25,000 |
$0.00027 |
|
-$50,000 |
$0.00055 |
Reduction
in Planning Contract |
-$10,000 |
$0.00011 |
Sheriff’s
Department Technology |
-$15,000 |
$0.00016 |
|
-$7,500 |
$0.00008 |
|
-$4,250 |
$0.00005 |
Agriculture
Project |
-$45,000 |
$0.00049 |
Purchasing
Agent |
-$65,913 |
$0.00072 |
TOTAL |
-$222,663 |
$0.00245 |
Commissioner
McGrady questioned the components of the $479,000 for EMS Improvements. Mr.
Wyatt answered that amount was for a full year funding, which would be very
difficult to achieve. The breakdown was: 8 full time certified paramedics at
$350,000, $90,000 for the purchase of an ambulance, and $39,000 for additional
equipment.
Chairman
Moyer stated that with respect to the potential cuts to the budget, he would
recommend eliminating the agriculture project and the purchasing agent.
Commissioner McGrady questioned the effect of the decision regarding
Chairman Moyer made the
motion that the Board increase the Blue Ridge Community College funding by
$100,000, increase the schools funding for expenses by $400,000, fully fund the
Balfour Automotive Center, fund the EMS station in Edneyville for no more than
a half year which would be $250,000, move on an adequate public facilities plan
setting aside $25,000 to hire a consultant to start on that project, and make a
commitment to DSS to begin solving their supervisory positions by adding one
position this year estimated at $45,000. To fund those he recommended
eliminating the agriculture project and the purchasing agent. Chairman Moyer wished
to accomplish that with a tax increase not to exceed $0.05.
Commissioner
Baldwin stated that he felt it was important to fully fund the Adequate Public
Facilities Plan. To secure a third source of revenue, he believed it should be
funded to show the community the County is committed to taking the steps
necessary to fund facilities on the front end rather than continuing to raise
taxes for the facilities demanded by folks moving into the area. Mr. Wyatt had
done some research with respect to this, and had a conversation with a group
that had worked with numerous
Chairman
Moyer modified his motion to fund the adequate facilities plan at an amount
between $25,000 and $80,000. Following some additional discussion, a vote was
taken on the motion. All voted in favor and the motion carried.
Commissioner
McGrady made the motion to adjourn the meeting at
Attest:
Elizabeth
W. Corn, Clerk to the Board William L. Moyer, Chairman