Progress 35, Cleveland Bond Accountability Commission, the BAC, Program Progress Report #35

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Program Progress Update 35 April 21, 2015 Introduction This is the 35th in a continuing series of Bond Accountability Commission reports on the performance of the Cleveland Metropolitan School District’s school facilities program. The report is based largely on the Construction Manager’s report for March 2015. These reports focus on construction costs, featuring a format designed to graphically communicate the status of projects in ongoing segments of the planned 10-segment construction and demolition program, including the total costs of each project and the costs of each hard-construction contract. The program is funded by the Ohio Facilities Construction Commission and proceeds of $335 million in District bonds and notes authorized by voters as part of Issue 14 in May 2001 and soon by proceeds of $200 million in bonds and noted authorized as Issue 4 in November 2014. The OFCC pays for 68 percent of most design and construction costs. Repairs and maintenance are financed by bond proceeds and by half-mill continuing levies approved as part of Issues 14 and 4. Segment 5 progress: All five elementary-school projects are completed and hosting classes. Construction of Segment 5’s three high schools -- Cleveland School of the Arts, John Marshall and Max Hayes – is under way, with completions expected in the summer of 2015. For these high schools, the District is using one of the new constructiondelivery methods authorized by the OFCC -- Construction Manager at Risk. The District plans to use the CMR method in Segments 6 and 7 as well. Detailed cost charts, pictures, construction status and other information about Segment 5 projects follow on Pages 11-22.

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Progress 35, Cleveland Bond Accountability Commission, the BAC, Program Progress Report #35 by Cleveland Bond Accountability Commission - Issuu