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TRANSFER of LAKE ELLENOR BUILDING TO STATE OF FLORIDA

TRANSFER of LAKE ELLENOR BUILDING TO STATE OF FLORIDA. August 4, 2009. Background Issues Proposal Requested Action. PRESENTATION OUTLINE. Background Issues Proposal Requested Action. PRESENTATION OUTLINE. August 2004 - BCC approved lease for Health Department administration

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TRANSFER of LAKE ELLENOR BUILDING TO STATE OF FLORIDA

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  1. TRANSFER of LAKE ELLENOR BUILDING TO STATE OF FLORIDA August 4, 2009

  2. Background Issues Proposal Requested Action PRESENTATION OUTLINE

  3. Background Issues Proposal Requested Action PRESENTATION OUTLINE

  4. August 2004 - BCC approved lease for Health Department administration 44,500 sq. ft. in a 64,800 sq. ft. building Included option to purchase building November 2005 - BCC modified lease Add remaining 20,300 sq. ft. Construct PCAN Clinic Purchase building when improvements completed December 2006 finalized purchase of building Background

  5. Purchase Price Breakdown State Health Dept Trust Fund $1,300,000 Federal CDBG funds $1,000,000 Orange County General Fund $5,647,538 TOTAL $7,947,538 Health Department occupies 47,825 sq. ft. PCAN Clinic occupies 16,975 sq. ft. Background

  6. Background Issues Proposal Requested Action PRESENTATION OUTLINE

  7. The State would like the building Orange County’s costs Operating $450,000 + annually $10,000,000 + over 20 years Capital HVAC replacements over time Roof replacement Other unknown Capital expenditures Issues

  8. Background Issues Proposal Requested Action PRESENTATION OUTLINE

  9. Transfer ownership of the property to the State at no cost Meets Health Department’s long-term administrative space needs Relieves County of long-term maintenance expenses Lease back PCAN Clinic rent free for 20 years $7 + million value over 20 years ($4.9 million net present value @ 4%) Pay janitorial and pro-rata utilities (26%) estimated at $80,000 annually Proposal

  10. Background Issues Proposal Requested Action PRESENTATION OUTLINE

  11. Request Board approval to convey Lake Ellenor building to the State of Florida in exchange for free rent for a PCAN or similar clinic. Requested Action

  12. TRANSFER of LAKE ELLENOR BUILDING TO STATE OF FLORIDA August 4, 2009

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