Dear Members of the Charlotte Valley Central School Community:

Beginning in December 2006, members of the Board of Education, the community and the school administration began meeting as a committee to formulate and recommend a capital building project to the voters of the Charlotte Valley Central School (CVCS) District.  The final proposed project involves:  installing a geothermal heating system, making needed repairs to the school building and grounds, upgrading and expanding the cafeteria, and adding new music classrooms off of the “All Purpose Room” wing of the building.  The estimated cost of the project that we are presenting for voter approval is $7,956,000.

The building committee’s decision to proceed with a geothermal project, instead of replacing the present fuel oil fired boilers, represents a huge potential energy cost savings for the district as it could cover the additional cost to the taxpayers for the entire building project.  The installation of a geothermal heating system will eliminate CVCS dependence on fossil fuels for heating.  As evidenced by today’s record gas prices, the heating system will eliminate the need for petroleum products for heating and help preserve the fiscal integrity of the district well into the future.

Another component of the project involves the building maintenance and repair issues that were identified by the architects that conducted our 2005 building condition survey, a report due to the State Education Department every five years.  The specific areas to be addressed are outlined in the Project Details Summary in the enclosed attachments.

The final element of the project addresses improvements in basic classroom space.  Vocal and instrumental music classes are currently being conducted in a single classroom that is also used as storage space for all the band instruments, music stands, etc.  In addition, upgrades in the functionality of the 45-year old cafeteria and kitchen are needed.  Lastly, the district needs to replace and refurbish several areas in the O’Connor gymnasium.  The conceptual designs for the music rooms and cafeteria proposals are attached.

In summary, this project represents what the building committee believes are the essential facilities improvements that will promote the continued success of our district.  For additional information, please note the following events, dates, times and locations:

Capital Project - Public Meeting                                                                   Capital Project - Referendum Vote

Date:        June 5, 2007                                                                        Date:        June 12, 2007

Time:        7:00 p.m.                                                                               Time:        12:00 noon – 9:00 p.m.

Location:      CVCS           All Purpose Room                                                   Location:      CVCS           All Purpose Room

Thank you in advance for your continued support of our school district.  Please feel free to contact Mr. Mark Dupra, should you have any questions regarding the project. 

Yours truly,

The Board of Education and Administration of

Charlotte Valley Central School

	Charlotte Valley Central School
	Proposed Energy/Building Project-Fact Sheet #1
Major Project Costs (Including Contingent and Incidental Costs)
1)   Geothermal Heating System					4,125,000
2)   Refurbishing the O'Connor Gymnasium					397,500
3)   New Choral and Instrumental Music Rooms					1,050,000
4)   Extension of the Cafeteria					375,000
5)   Refurbishing the Kitchen					450,000
6)   Resurfacing the East Parking Lot					225,000
7)   All Remaining Items					1,333,500
			Project Total		$7,956,000
Anticipated Annual Tax Impact Based on District Savings					$0
Projected Annual District Savings					$71 to $691,292
		Chart of annual Savings
	Geothermal	Equipment
	Fuel Savings	& Controls			Net Annual
	Less Added	Savings w /	Total	Anticipated	Savings
Year	Electric	Increase of	District	Local	to the
Ending	Costs	4% Yearly	Savings	Share	District
2010	79,761	25,309	105,071	105,000	71
2011	94,358	26,322	120,680	105,000	15,680
2012	111,440	27,375	138,815	105,000	33,815
2013	131,417	28,470	159,886	105,000	54,886
2014	154,762	29,608	184,371	105,000	79,371
2015	182,029	30,793	212,822	105,000	107,822
2016	213,856	32,025	245,881	105,000	140,881
2017	250,988	33,305	284,294	105,000	179,294
2018	294,287	34,638	328,925	105,000	223,925
2019	344,755	36,023	380,778	105,000	275,778
2020	403,553	37,464	441,017	105,000	336,017
2021	472,029	38,963	510,992	105,000	405,992
2022	551,749	40,521	592,270	105,000	487,270
2023	644,526	42,142	686,668	105,000	581,668
2024	752,464	43,828	796,292	105,000	691,292
					3,613,760