SUBJECT
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Approve Polk County School Board's request for release of Educational System Impact Fees. (No fiscal impact)
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DESCRIPTION
Under Polk County Impact Fee Ordinance 19-056, the Polk County School Board must submit a request to the Board of County Commissioners through the County Manager to request the release of Educational System Impact Fees collected on its behalf. Specifically, the School Board is requesting the release of $174,215,003.27 for the construction of:
(1) Elbert Elementary School - $12,000,000
Modernization at Elbert Elementary School (Winter Haven) that will create additional capacity for 268 student stations at a cost of $50,000,000 with $12,000,000 being attributed to added capacity for the school. The remaining $38,000,000 is being funded through the half-cent sales tax;
(2) Alta Vista Elementary School - $9,000,000
Modernization at Alta Vista Elementary School (Haines City) that will create additional capacity for 282 student stations at a cost of $54,000,000 with $9,000,000 being attributed to added capacity for the school. The remaining $45,000,000 is being funded through the half-cent sales tax;
(3) Wahneta Elementary School - $6,000,000
Modernization at Wahneta Elementary School (Winter Haven) that will create additional capacity for 125 student stations at a cost of $38,000,000 with $6,000,000 being attributed to added capacity for the school; The remaining $32,000,000 is being funded through the half-cent sales tax;
(4) New Northeast High School - $115,368,878.27
Polk County Public Schools seeks to construct a new 2,500 student high school in northeast Polk County in proximity to the Poinciana area. The initial budget has been set at $166,000,000 minus the property acquisition costs. Polk County Public Schools is initially seeking $115,368,878.27 to fund this high school and will be requesting the release of future Educational System Impact fees to fund the remaining balance. On June 15, 2021, the Board approved ...
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