• 66°

Dare commissioners agree on price tag for new College of The Albemarle campus

On Sept. 8, Dare County Board of Commissioners put a not-to-exceed price tag of $16,359,487 on the new College of The Albemarle campus on Roanoke Island.

At the board’s regularly scheduled meeting, the commissioners also authorized Barnhill Contracting Company to proceed with demolition of the former Manteo High and Middle school buildings currently on the site. The demolition leading to site work is expected to start Monday, Sept. 14.

The recommendation for the price tag came from the board’s Capital Improvements Planning Committee, which met Thursday, Sept. 3.

At the committee meeting, county manager Robert L. Outten said “we can afford the project under the plan in place.”

The plan is called the “Capital Investment Fund and Debt Affordability Model.” With the college campus, the new animal shelter, expansion of the county’s health and human services building and four other smaller projects, the model shows total capital improvement debt at $33 million. Over four of the plan’s five years, the fund is able to maintain the fund balance coverage goal.

About finance, the committee and commissioners received upbeat news. For the months April through August, 2020, finance director David Clawson initially calculated land transfer tax revenue shortfall of 35 percent. In April and May, the land transfer tax was down 31.21% and 28.70%. But in June, the transfer tax grew 9.38%.

In July, the land transfer receipts totaled $1.13 million, about double the 2019 receipts of $672,156. In August, the land transfer tax generated $1,210,000 – significantly over the $816,000 of the previous year.

Land transfer tax revenue pays for capital projects.

The not-to-exceed price tag also includes an estimate of $261,028 for furniture, fixtures and equipment, for which College of The Albemarle Foundation is expected to pay.

The foundation’s executive director Amy Alcocer reports that $1.1 million has already been raised for outfitting new buildings and funding emerging programs. The foundation is about to launch a capital campaign for $1.2 million to continue enhancing those two set-aside funds. New buildings that are looking to the foundation for outfitting are in Currituck and Dare counties.

READ ABOUT MORE NEWS AND EVENTS HERE.

RECENT HEADLINES:

Dare County Libraries offer curbside pick-up and array of digital content

Ava’s road to recovery after tragedy

News

North Carolina’s unemployment rate falls to nearly half of lockdown’s peak

Crime

Arrest made in Saturday shooting on Knotts Island

News

NC 12 on Hatteras Island to reopen at 5 p.m., NCDOT advises ‘extreme caution’

News

NC 12 on Ocracoke back open, ferry service resumes

News

Overwash causes closure of parts of NC 12 on Hatteras and Ocracoke

News

Running out of storm names, Atlantic season goes Greek

News

Regional COVID-19 case count update

News

Permit for water treatment system issued for Chemours site

News

Duck Town Council reviews promotions and contracts

News

Mascot name change presentation brought to Dare Board of Education

News

Dare County warns about coastal flooding and NC 12 impact

News

Cape Hatteras Electric Cooperative linemen travel to Alabama to assist with Hurricane Sally damage

Crime

UPDATED: Body found in Virginia believed to be missing North Carolina man, suspect charged

Hyde

NCDOT: Bigfoot Slough dredging tentatively scheduled for next week

News

Cooper: North Carolina can elementary schools move to Plan A in October

News

ARHS reports additional COVID-19 related death in Bertie County

News

Unsettled weather visits Outer Banks

News

Four positive COVID-19 cases reported at Peak Resources

News

Additional COVID-19 related death reported in Pasquotank County

News

NC lieutenant governor: Reopen schools without mask mandate

News

Some North Carolina voters mistakenly get two absentee ballots

Currituck

Currituck County Board of Education names Lutz as superintendent

Lifestyles

Constitution Week begins Thursday

News

Demolition starts for new College of The Albemarle building