FY 23 APPROVED CAPITAL BUDGET

Bel Air Library Renovations

LIBRARIES Project Number: Council District:

Operating Budget Impact

L234120

C

Revenues:

Location:

Bel Air

Expenditures: Cost Savings: None:

Est. Debt Service:

$20,000 (annual)

X

Expended/Encumbered as of 2/9/22: $0

Project Schedule/Status: FY 22: Design FY 23: Construction

PROJECT DESCRIPTION: This project will provide funding for the comprehensive renovation to the Bel Air Library to include site, roof, exterior, interior, mechanical, plumbing, electrical, fire/life safety and conveyance system.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

800,000

800,000

800,000

0

0

Construction

1,400,000 1,400,000 17,500,000

18,900,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

0 2,200,000 2,200,000 17,500,000

0

0

0

0 19,700,000

FUNDING SCHEDULE

R7000 Future Bonds R3399 State Other

800,000

800,000 16,000,000

16,800,000 2,900,000

1,400,000 1,400,000 1,500,000

0 0 0

0 0 0

Total Cost:

0 2,200,000 2,200,000 17,500,000

0

0

0

0 19,700,000

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