OCM BOCES Facilities Vote

                                                                                                                               

OCM BOCES Facilities

Responsible Planning for the Future:

Building Purchase Proposal

Cost-Effective Purchase
No additional expense to districts
Onondaga-Cortland-Madison BOCES has an opportunity to purchase the former Nationwide Building in the Town of Salina (110 Elwood Davis Road). This acquisition means no additional cost to our districts.
 
Currently, OCM BOCES owns two facilities and leases eight more. A building purchase reallocates some of the current rental budget and allows those funds to be used to buy this building.

Building Purchase Results In:

*No additional cost to component districts

*Improved facilities for all our students

*The ability to control growth of capital/rental costs

*Adequate instructional space to meet increasing demands

*The capability to better meet the needs of component districts and local businesses

                $410,000 annual                                                                       $410,000 annual
                 lease payment                                                                             debt payment
                                                    COST NEUTRAL = $0 INCREASE

Referendum Vote
Date: January 23, 2014
Time: 10 a.m. to 8 p.m.
Locations:
*LGP Career Training Center
*Henry Campus Administration Building
*Cortland McEvoy Center
***Eligible voters must be U.S. citizens, age 18 and older, who have resided within the OCM BOCES region at least 30 days prior to the vote.

By the Numbers
Not to exceed $5.9 million*
(purchase price and renovation
cost)
$410,000* (annual cost
reallocated from current leases)
$0 additional cost to districts
*Estimated