The Chino Valley School District Governing Board approves energy saving projects
The Chino Valley School District Governing Board gave preliminary approval Jan. 10 for energy-saving projects at three district schools, and final approval to the financing package for an energy-saving project at Chino Valley High School.
Climatec Energy Services completed an energy audit at Territorial Elementary School, Del Rio Elementary School and Heritage Middle School. During the Jan. 10 board meeting, Climatec presented a $765,128 energy-savings program that includes lighting retrofits, occupancy sensors, air conditioning upgrades, boiler replacement, the installment of an energy management system and district-wide personal computer management.
John Scholl, director of support services, said the district would finance the project for a period of 12 years at an estimated interest rate of 1.25 percent. Scholl indicated an annual payment of $68,762.
"The project is estimated to save $84,919 a year over the term of the loan, easily covering the loan payment," Scholl reported.
Scholl told the board members the district qualified for the Qualified School Construction Bond Program through the American Recovery and Reinvestment Act of 2009. He said the district was notified in December it qualified. The deadline was the end of 2010, but school officials received a short-term extension on the program.
The program will reimburse the district a portion of the interest on the project loan.
The district also qualified for the QSCB program for the energy-saving project at CVHS.
The district entered into an agreement with Honeywell for the $1 million project at CVHS.
The project includes efficient HVAC and classroom lighting at the high school.
Scholl said the district will finance $800,000 through National Bank. He reported that the bank honored a quoted interest rate of 5.75 percent. With a QSCB reimbursement of 5.4 percent, the district would pay .35 percent on its loan.
According to Scholl, the district is receiving $300,000 from the School Facilities Board through a stimulus grant.
The district will repay the loan with savings from the installation of energy savings lighting and HVAC units.
Honeywell guarantees that CVUSD will reduce its energy costs 50 percent at CVHS. If the district does not realize the guaranteed savings, Honeywell must pay the difference between the guaranteed savings and the actual savings.
The governing board approved Superintendent Duane Noggle's request for signing bonuses and additional compensations to help recruit teachers for hard-to-fill positions.
Noggle proposed the incentives to attract qualified teachers to the district to fill the following positions: CVHS English, high school and middle school math, high school and middle school science, high school foreign language, dual enrollment teachers, special education teachers, special education resource teachers, and high school and middle school music teachers.
Noggle explained that the district would offer the salary increase, bonus or other incentives to newly hired staff beginning with the 2011-12 school year. Signing bonuses would not exceed $5,000, and additional compensation would not exceed $5,000 per new employee.
Noggle said the district wants to be "more aggressive in its recruitment efforts and attract the brightest and best teachers to Chino Valley."