2016 FCS Bond Project #5 Franklinton Middle School - Elevator & Toilet Renovation, H/C Exterior Ramp Scope: This project will upgrade the existing middle school campus. Renovate/modernize existing elevator previously damaged by flooding Complete demolition and renovation of the 8 existing group toilets in the main building Construct a handicap ramp from the Main Building to the Science Building 2016 Proposed Budget: $699,594

Franklinton HS – Ball Fields Restroom Building 2016 FCS Bond Project #6 Franklinton HS – Ball Fields Restroom Building Scope: This project develops a new restroom facility for the baseball and softball fields at Franklinton High School campus.*   *Building size is calculated in assuming 200 max spectators at baseball and 100 max spectators at softball field at same time. Size of building may change pending approval of authority having jurisdiction. 2016 Proposed Budget: $228,964

Terrell Lane Middle School - Multipurpose & Softball field 2016 FCS Bond Project #7 Terrell Lane Middle School - Multipurpose & Softball field Scope: Land development for new combination multipurpose/soccer and softball field. New field provides needed space for PE classes, athletic programs and county recreation activities. ** Budget numbers have been escalated 20% from original 2010 design pricing** 2016 Proposed budget: $245,166 

Cedar Creek MS - New Multipurpose Field 2016 FCS Bond Project #8 Cedar Creek MS - New Multipurpose Field Scope: Land development for new multipurpose/soccer field. New field provides needed space for PE classes, athletic programs and county recreation activities.   ** Budget numbers have been escalated 20% from original 2010 design pricing** 2016 Proposed budget: $287,381 

Value Management for Bond Projects Available 2016 FCS School Bond Funds* $11,250,000 *Total available bond funds - $11,400,000 ($150,000 currently held in reserve) Baseline Budget Per Individual Project #1 - Bunn Elementary School – Roof Replacement $594,396 #2 - Terrell Lane Middle School - Roof, Flooring. HVAC Replacement, Lot & Drive Repaving $3,541,130 #3 - Louisburg High School - Mills & Main Renovation $806,436 #4 - Louisburg High School - Athletic Complex Phase I + Phase IIA $3,855,420 #5 - Franklinton Middle School – Elevator Replace, Group Toilet Reno, ADA Ramp $699,594 #6 - Franklinton High School - Ballfield Restroom Building $228,964 #7 - Terrell Lane Middle School - Sports Fields (Combined softball/multipurpose field) $245,166 #8 - Cedar Creek Middle School - Sports Field (Multipurpose field) $287,381 Cedar Creek Middle School - Land Purchase* $99,000 Subtotal $10,357,487 *Bond funded property purchase; not part of architect design services Potential Project Value Deduct Options Project #1 - Bunn ES - Delete Patching of Existing membrane roof to remain (balance sheet line #3) ($63,000) Project #2 - Terrell Lane MS - Delete lot repaving (balance sheet line #2) & Patching existing roof (line # ($303,600) Project #2 - Terrell Lane MS - Delete patching existing membrane roof to remain (Balance sheet line #4) ($80,000) Project #3 - Louisburg HS - Mills + Main Renovation - delete ceiling tile replacement (balance sheet line #6) ($14,700) Subtotal ($461,300)

Potential Project Value Add Options Value Management for Bond Projects Potential Project Value Add Options Project #4 - Louisburg HS - Add 2000 seat Home Bleachers (balance sheet line #3) $380,000 Project #4 - Louisburg HS - Add Pressbox (part of bleacher superstructure - balance sheet #4) $89,000 Project #4 - Louisburg HS - Add Home Concessions Building (balance sheet line #2) $355,200 Project #4 - Louisburg HS - Add Football Scoreboard $12,000 Project #4 - Louisburg HS - Add Phase 2a site development (if choosing above options) $100,000 Project #4 - Loiusburg HS - Add Phase 2a project contingency (if choosing above options) $102,420 Subtotal $1,038,620 Project Budget - Potential Value Deduct Options + Potential Value Add Options Project Budget Subtotal $10,357,487 Possible Value Deduct Options ($461,300) Possible Value Add Options $1,038,620 Total Budget with accepted Add + Deduct Options $10,934,807 Available 2016 FCS School Bond Funds* $11,250,000 *Total available bond funds - $11,400,000 ($150,000 currently held in reserve)

Schedule Update for Bond Projects