09-21-2021 Special Called Meeting •
SPECIAL CALLED MEETING OF THE ISLE OF WIGHT COUNTY BOARD OF
SUPERVISORS HELD IN THE ROBERT C. CLAUD, SR. BOARD ROOM OF THE ISLE OF
WIGHT COUNTY COURTHOUSE LOCATED AT 17090 MONUMENT CIRCLE, ISLE OF
WIGHT, VIRGINIA ON THURSDAY, THE TWENTY-FIRST DAY OF SEPTEMBER IN THE
YEAR TWO THOUSAND AND TWENTY-ONE
PRESENT:
Don G. Rosie, II, Carrsville District, Vice-Chairman
Rudolph Jefferson, Hardy District
William M. McCarty, Newport District
Joel C. Acree, Windsor District
ABSENT
Richard L. Grice, Smithfield District, Chairman
ALSO IN ATTENDANCE:
Robert W. Jones, Jr., County Attorney
Randy R. Keaton, County Administrator
Donald T. Robertson, Assistant County Administrator
Carey Mills Storm, Clerk
CALL TO ORDER
Vice-Chairman Rosie called the special meeting to order at 7:00 p.m. for the
purpose of discussing the Guaranteed Maximum Price for the Windsor Elementary
School.
INVOCATION
Assistant County Administrator Robertson delivered the invocation and led the
Pledge of Allegiance to the flag.
County Administrator Keaton provided up-to-date numbers related to financing of
the new Hardy Elementary School. A slide related to the estimated tax increase for
new debt was reviewed.
Administrator Keaton reviewed the three options available to the County once the
bonds have been issued. They were that the bonds can be paid off; however, these
bonds have a non-callable provision for ten years which would require that the
County pay the interest cost for the ten years regardless of whether the bonds are
paid off or not. Secondly, the bonds can be repurposed for another project;
however, the County does not have $27 million worth of projects to pay for in its
Capital Improvements Project. Lastly, the project can be delayed. None of these
are good options for the County.
Bill Cram, Executive Vice President, M. B. Kahn Construction Company, Inc., advised
that his firm has again reviewed the price of steel and added that cost back into the
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previous price presented to the Board. He stated there are three steel suppliers
that have promised bids by the end of the week and his firm is also reviewing design
alternatives which could save in the low six figures. He recalled the number he
presented to the Board at its last meeting was approximately $3 million additional
dollars.
Dr. Thornton advised that building Hardy Elementary School would provide some
relief to both We.stside and Carrollton elementary schools and rezoning will be
necessary and occur following a careful look at the growth in the northern end of
the County.
In order to move forward, Supervisor Jefferson moved to approve the Maximum
Guaranteed Price for Hardy Elementary School in the amount of$36,869,639. The
motion was adopted unanimously (4-0) with Supervisors Rosie, Acree, McCarty and
Jefferson voting in favor and Supervisor Grice absent from the meeting.
ADJOURNMENT
At 8:05 p.m., Chairman Grice declared the special called meeting adjourned.
eeettat6 51,1 Don Rosie, Vice-Chairman
Carey Mills Storm, Clerk
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