Sarasota County Technical Institute Replacement - Phases IA, II & III. This will be a replacement of an existing school on an approximately 72-acre site located at 0000 Xxxxxx Xxxx, Xxxxxxxx, Xxxxxxx. These phases are designed for 1,242 student stations. The gross area to be constructed or remodeled is 353,974 square feet. The new structures will include a three-story classroom building, a two-story classroom building, two 1½ story classroom buildings, a television production studio, a cafeteria, a culinary arts facility/restaurant, a mini conference center, a media center and an administration suite. Completion of these three phases is scheduled for August, 2013. Under certain conditions set forth in the Master Lease, the Board may substitute or add components to the above described Project and modify the Plans and Specifications thereof. The Series 2009 Project was approved by the Board in connection with the Board's Capital Improvement Program. ESTIMATED PROJECT BUDGET* Elementary School "I" Design/Construction $19,142,965 Subtotal $19,142,965 Sarasota Technical Institute Replacement - Phases I, II & III Design/Construction $55,870,923 Subtotal $55,870,923 Total $75,013,888 *Excludes investment earnings, but includes transfer of funds from the Series 2009 Costs of Issuance Subaccount in the amount of $13,888. ESTIMATED DRAWDOWN SCHEDULE Month Year Estimated Draw Estimated Draw Atwater Elem I Estimated Draw SCTI IA/II/III March 2009 $14,148,356.12 $12,143,183.15 $2,005,172.97 April 2009 2,186,654.94 2,185,013.69 1,641.25 May 2009 1,200,957.72 1,154,771.93 46,185.79 June 2009 2,282,331.35 1,813,331.89 468,999.46 July 2009 315,861.46 200,317.20 115,544.26 August 2009 680,417.48 101,412.33 579,005.15 September 2009 3,119,874.35 1,892,750.11 1,227,124.24 October 2009 667,883.78 8,740.32 659,143.46 November 2009 1,072,274.66 522.00 1,071,752.66 December 2009 899,885.41 1,489.00 898,396.41 January 2010 1,573,471.27 221,653.86 1,351,817.41 February 2010 1,409,369.87 1,488.18 1,407,881.69 March 2010 2,335,016.80 - 2,335,016.80 April 2010 1,146,782.57 (600,000.00) 1,746,782.57 May 2010 2,008,672.85 2,210.00 2,006,462.85 June 2010 1,845,701.15 8,954.75 1,836,746.40 July 2010 1,720,067.14 - 1,720,067.14 August 2010 1,687,781.07 - 1,687,781.07 September 2010 1,668,454.48 - 1,668,454.48 October 2010 1,038,903.00 - 1,038,903.00 November 2010 703,478.08 - 703,478.08 December 2010 909,938.45 - 909,938.45 January 2011 1,978,577.42 - 1,978,577.42 February 2011 1,575,030.74 - 1,575,030.74 March 2011 633,170.90 - 633,170.90 April 2011 918,947....
