Resolution No. 516

Approving The Advancement Of Capital Projects For The Ulster County Community College – Ulster County Community College

Resolution Information

Status: 
Adopted

RESOLUTION TEXT +-

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Referred to:  The Ways and Means Committee (Chairwoman Archer and Legislators Donaldson, Gerentine, Maio, Joseph Maloney, Petit, and Ronk)

 

Chairwoman of the Ways and Means Committee, Lynn Archer, and Deputy Chair Richard A. Gerentine offer the following:

 

WHEREAS, the below projects are included in the 2020-2025 Ulster County Capital Improvement Program; and

 

WHEREAS, the SUNY Office for Capital Facilities requires Legislative approval of such projects prior to such projects being submitted to the New York State Division of Budget for inclusion in the 2020-21 New York State Budget; and

 

            WHEREAS, Ulster County’s share of these capital projects of $10,216,713would be bonded in accordance with SUNY funding policy and procedures for capital projects; now, therefore be it

 

RESOLVED, that the Ulster County Legislature approves the advancement of such anticipated projects as follows: 

 

Project Name

Estimated

State’s Share

Ulster County Share

 

Total Cost

(Appropriation)

(Bonded Revenue)

Equipment and Technology

$700,000

$350,000

$350,000

Sitework

$1,750,000

$875,000

$875,000

Roof Replacement and Exterior Sitework

$5,700,000

$2,850,000

$2,850,000

Infrastructure Improvements

$12,283,427

$6,141,714

$6,141,713

Total

$20,433,427

$10,216,714

$10,216,713

           

and move its adoption.

ADOPTED BY THE FOLLOWING VOTE:

 

AYES:                        NOES:    

 

Passed Committee: Ways and Means on __________________.

 

FINANCIAL IMPACT:

$20,433,427.00 – ULSTER COUNTY CAPITAL PROJECT APPROPRIATIONS  

                           ($10,216,714 STATE SHARE, $10,216,713 COUNTY SHARE)

$20,433,427.00 – ULSTER COUNTY SERIAL BONDS

     ($10,216,714 STATE SHARE, $10,216,713 COUNTY SHARE)

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Updated: December 26, 2019