Legislation Details

File #: 11-0958    Version: 1 Name: PBC bonds - lease resolution
Type: Resolution Status: Passed
File created: 9/2/2011 In control: Board of Sedgwick County Commissioners
On agenda: 9/21/2011 Final action: 9/21/2011
Title: A RESOLUTION AUTHORIZING SEDGWICK COUNTY, KANSAS TO ENTER INTO A BASE LEASE WITH THE SEDGWICK COUNTY PUBLIC BUILDING COMMISSION, WHEREBY THE COUNTY WILL LEASE CERTAIN PROPERTY TO THE PUBLIC BUILDING COMMISSION AND ENTER INTO A LEASE WHEREBY THE COUNTY WILL LEASE FROM THE PUBLIC BUILDING COMMISSION CERTAIN PUBLIC FACILITIES AND BUILDINGS FOR USE BY SEDGWICK COUNTY, KANSAS; APPROVING THE FORM OF SAID BASE LEASE AND LEASE; AND AUTHORIZING THE EXECUTION THEREOF AND CERTAIN RELATED DOCUMENTS. Presented by: Chris Chronis, CFO. RECOMMENDED ACTION: Adopt the resolution.
Attachments: 1. '11 pbc issue - PBC Lease, 2. '11 pbc issue - Base Lease, 3. '11 pbc issue - county res authorizing lease
Title
A RESOLUTION AUTHORIZING SEDGWICK COUNTY, KANSAS TO ENTER INTO A BASE LEASE WITH THE SEDGWICK COUNTY PUBLIC BUILDING COMMISSION, WHEREBY THE COUNTY WILL LEASE CERTAIN PROPERTY TO THE PUBLIC BUILDING COMMISSION AND ENTER INTO A LEASE WHEREBY THE COUNTY WILL LEASE FROM THE PUBLIC BUILDING COMMISSION CERTAIN PUBLIC FACILITIES AND BUILDINGS FOR USE BY SEDGWICK COUNTY, KANSAS; APPROVING THE FORM OF SAID BASE LEASE AND LEASE; AND AUTHORIZING THE EXECUTION THEREOF AND CERTAIN RELATED DOCUMENTS.
Presented by: Chris Chronis, CFO.

RECOMMENDED ACTION: Adopt the resolution.

Body
Pursuant to Resolution No. 117-2011, adopted June 1, 2011, the Board deemed it advisable to: (a) design, construct and equip a radio communications network; (b) design, construct, reconstruct, equip and furnish emergency medical service facilities; and (c) design, construct, reconstruct, equip and furnish fire stations for Fire District No. 1 (collectively, the "Projects") more fully described as follows:

Description Estimated Costs

Radio Communications System
Tower site equipment & software $20,500,000 Microwave network 3,500,000 Dispatch center equipment & software 2,000,000 Interoperable communications equipment 1,000,000 Subtotal $27,000,000

Emergency Medical Service Facilities
Post 5 (Remodel Caddy Lane) $472,586 Post 9 (Replace East 143rd 1,072,885 Post 10 (Phase 1: Replace Via Christi) 316,482 Post 10 (Phase 2: Replace Via Christi) 500,000 Subtotal $2,361,953

Fire Stations
Station 34 (Remodel Haysville) $1,103,078 Station 35 (Relocate Goddard) 2,086,887 Station 36 (Relocate Derby) 2,240,519 Subtotal $5,430,484
Total $34,792,437

Resolution No. 117-2011 also requested the Sedgwick County Public Building Commission (the PBC) to sell up to $31,590,000 of PBC revenue bonds to pay a portion of the costs of the Projects.

The PBC, pursuant to its Resolution No. 2011-1 adopted June 6, 2011, declared an intent to design, construct, equip and finance the Projects and t...

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