Agenda Item #57
Close the Viera High School Project
The purpose of this Agenda Item is to close the Viera High School project.
At the 5/13/08 School Board Meeting, the Board approved a 10-year loan to Viera High School in the amount of $142,188.00 to assist in funding the construction of the Ticket/Concession/Restroom Building at the west end of the stadium (Agenda Item #39). The loan was undertaken by the school based with the understanding that these funds were required to complete said building. With all work complete, $63,703.04 remains in the project. The School Staff has requested that the remaining funds be used to reduce the loan.
Financial Services confirms that $63,703.04 remains in the Viera High School project.
Information - 6/15/2010
Consent after Information7/20/2010
Authority for Action
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Dane Theodore, Director, Planning & Project Management 633-1000 x657
Jo Ann Clark, Director, Accounting Services 633-1000 x660
Mark Tormoen, Principal, Viera HS 632-1770