Henry County bonds $47 million for capital projects

Photo of one-hundred dollar bills (WordPress photo)

On Tuesday, August 4, Henry County commissioners approved the borrowing of $47 million dollars for use in various capital projects. The bond sales are expected to close on August 18.

The bond sales are through two separate transactions: $30 million in general obligation bonds through SPLOST V, approved by voters last November, and $17.23 million in lease / purchase financing. The Henry County Judicial Center will be conveyed to ACCG as collateral for the lease / purchase agreement.

SPLOST V Bonds

The $30 million in SPLOST V bonds will be paid off through SPLOST sales tax collections, with final maturity in 2025. The funds are expected to be used to jumpstart certain transportation projects within the SPLOST V program.

Because county commissioners opted to designate level II projects, district transportation projects will not receive SPLOST V funds until after the first twenty percent of collections have been accrued. The bond funds will be the only SPLOST V dollars for transportation until this threshold is reached, estimated to occur in fall 2021.

The first transportation project to receive bond funds will be the widening of West Village Parkway in Fairview, funded by SPLOST IV and SPLOST V. Commissioners awarded a construction contract for the project last week.

A list of which transportation projects will receive the funds has not been distributed.

Lease / Purchase Agreement

The lease / purchase agreement with ACCG is part of the board’s $415 million capital improvement plan. Unlike the SPLOST bonds referenced above, because the financing is through a lease / purchase agreement, no voter referendum is required before Henry County can borrow the funds.

The bond repayment schedule has been structured to avoid increasing the county’s existing annual debt service obligation. Final repayment of the bonds is in 2040.

The bond funds are expected to be used for the following capital improvements:

Airport
  • Vehicles (2) – $55,000
  • Repair asphalt taxi lanes – $10,000
  • Restoration of Hanger 26 office space – $25,000
Animal Control
  • Vehicles (6) – $56,000
  • Dog boxes with air conditioning – $54,000
  • Interior repairs / refurbishing – $47,000
  • Additional fencing for livestock – $20,000
  • Kennel replacement AC units – $20,000
  • Tuffbooks (8) – $6,000
Communications
  • Vehicle (1) – $36,000
  • Upgrade TV equipment – $120,000
  • Upgrade community room – $150,000
Coroner
Courts
  • Vehicles (2) – $70,000
HCDOT
  • Extended Cab 4×4 (10) – $211,650
  • Bucket Truck (1) – $60,000
  • Sign Shop Truck F450 (1) – $35,000
  • Flat Bed Dump Truck F600 (5) – $200,000
  • Gradall (3) – $375,000
  • Boom Mover (1) – $114,272
  • Drum Roller Rubber Tire (1) – $60,000
  • Rubber Tire Loader for Yard (1) – $100,000
  • 4 Door Short Bed Pickup (1) – $28,838
  • Crew Cab 4×4 F250 Long Bed (5) – $145,025
  • Small Asphalt Paver (1) – $150,000
  • Tandem Dump Trucks (2) – $114,181
  • Biometric Time Keeping – $5,000
Fleet
  • Fleet Trucks – $100,000
  • Fleet Cars – $50,000
  • Fleet Service Truck – $50,000
  • Fleet Tools and Equipment – $100,000
Elections
  • Elections Building – $2.5 million
Facilities
  • Ford F550 Versalift Bucket Truck VST-40-I (1) – $154,057
  • Ford F250 Pickup (3) – $92,250
  • Toro Dingo Jack Hammer (1) – $9,660
  • JLG UT614 equipment drop trailer (1) – $12,000
  • 100’ x 150’ metal building (15,000 sq ft) (1) – $131,000
Building Maintenance
  • Administration Building roof restoration – $200,000
  • Probate Court roof replacement – $378,000
  • Superior Courthouse Building envelope repairs – $300,000
  • 40 Atlanta Street roof, decking and gutters replacement – $162,000
  • DDS (Disability Services) roof coating replacement – $242,000
  • Fire Station 1 roof restoration and new coating – $340,000
  • Fire Station 5 roof replacement – $152,000
  • Fire Stations countywide roof repair / replacement (Stations 3, 7, 11, 12, and 13) – $500,000
  • Fire Stations countywide needed concrete repair – $100,000
  • Fire Stations countywide needed painting and flooring – $50,000
  • Public Safety Complex roof replacement – $1.75 million
  • Heritage Senior Center roof restoration – $25,000
  • Hidden Valley Senior Center roof restoration – $25,000
  • Sheriffs Jail roof replacement – $390,000
  • Sheriffs Jail Annex roof replacement – $400,000
  • DOT Crew Building remodel – $45,000
Ground Crew
  • Isuzu NPR NG4 crew cab diesel truck (1) – $54,190
Community Service
  • E 350 rear wheel drive 12 passenger van (2) – $72,000
  • Fencing and gates – $9,300
  • 16’ pull behind trailers (2) – $5,000
Fire / EMS
  • Staff vehicles 4WD SSV – $65,000
  • New Ambulances (6) – $1.5 million
  • Logistics Warehouse expansion – $65,000
  • Remodel Fire Station 3 – $100,000
  • Technology upgrades for multiple buildings – $65,000
  • Upgrades at Fire HQ – $75,000
Parks and Recreation
Department Wide Needs
  • New registration software – $19,813
  • Tables & chairs, including dollies – $8,000
  • Website upkeep – $5,519
  • Hot water pressure washer – $10,000
Vehicles
  • Mid-sized SUV – $28,000
  • Explorer – $38,000
  • Maintenance truck – $22,000
  • Small SUV – $25,000
  • F250 Ford truck – $30,000
  • Heavy duty SUV – $40,000
  • F150 Ford truck – $30,000
  • F250 Ford SRW Super Duty truck – $30,000
  • F250 Ford SRW Super Duty truck 4×2 – $30,000
Alexander Park (City Park)
  • Fencing, netting and dugouts – $30,000
  • Lighting upgrade – $200,000
Avalon Park (City Park)
  • Address drainage issues at field 1 – $25,000
  • Building upgrades – $10,000
  • Fencing – $7,000
  • Replace scoreboard – $7,000
Cochran Park
  • Fencing, netting and dugouts – $10,000
  • Scoreboards – $25,000
Cotton Fields Golf Course
  • Cart path repairs – $15,000
  • Pavilion renovations – $25,000
Fairview Recreation Center
  • Repair leaking roof – $54,000
  • Replace workout equipment – $15,000
Heritage Park
  • Building upgrades – $50,000
  • Fencing, netting and dugouts – $30,000
  • Fire suppression system – $80,000
  • Lighting upgrade – $10,000
  • Paint interior of office building – $15,000
  • Paint exterior of office building – $15,000
  • Repair leaking roof – $5,000
  • Re-stripe parking lot – $10,000
  • Lighting upgrade $100,000
Hidden Valley Park
  • Building upgrades – $250,000
  • Fencing, netting and dugouts – $25,000
  • Repair and resurface cracked tennis courts – $66,500
  • Landscaping – $15,000
  • Re-stripe parking lot – $35,000
Jason T. Harper Event Center
  • Repair leaking concession roof – $6,500
JP Moseley Park
  • Building upgrades – $20,000
  • Concrete work at softball complex – $32,000
  • Paint exterior and interior of the recreation center – $70,000
  • Repair leaking roof of the recreation center – $54,000
  • Replace carpet with laminate at the recreation center – $20,000
  • Replace workout equipment – $15,000
  • Softball fencing, netting and dugouts – $30,000
  • Softball lighting upgrade – $10,000
  • Softball scoreboards – $20,000
  • Re-stripe parking lot – $10,000
Locust Grove Event Center
  • Sound & projection equipment – $47,000
  • Tables and chairs – $25,000
Locust Grove Recreation Center
  • Replace workout equipment – $15,000
  • Sound & lighting equipment – $47,000
  • Tables and chairs – $11,000
  • Re-stripe parking lot – $5,000
Mickie D. Cochran Park
  • Building upgrades – $10,000
  • Fencing – $10,000
  • Repair and resurface cracked tennis courts and upgrade lighting – $80,000
  • Replace playground (no cost estimate provided)
Mt. Carmel Park
  • ADA upgrades – $250,000
  • Building upgrades – $10,000
  • Fencing – $10,000
  • Re-stripe parking lot – $10,000
Nash Farm Park
  • Chairs – $13,200
  • Paved handicap parking – $70,000
  • Rebuild chimney line corner boards / cornice – $1,000
  • Repair and repaint main house – $15,000
  • Replace rear entry door – $3,000
  • Restroom floors – $5,000
North Ola Park
  • Building upgrades – $25,000
  • Fencing, netting and dugouts – $25,000
  • Re-stripe parking lot – $5,000
Pate’s Creek Nature Preserve
  • Remove dead trees – $10,000
  • Trail maintenance – $10,000
Richard Craig Park
  • Baseball fencing, netting and dugouts – $40,000
  • Building upgrades – $125,000
  • Repair and resurface cracked tennis courts – $123,032
  • Replace scoreboards – $50,000
  • Tennis fencing and netting – $50,000
  • Tennis lighting upgrade – $100,000
R.W. & Mary Coley Park
  • Building upgrades – $20,000
  • Fencing, netting and dugouts – $30,000
  • Replace scoreboards – $50,000
  • Re-stripe parking lot – $8,000
Sandy Ridge Park
  • Building upgrades – $20,000
  • Fencing, netting and dugouts – $10,000
  • Lighting upgrade – $100,000
Village Park at North Henry
  • Irrigation and sod to outside areas – $150,000
  • Safety surface for splash pad – $40,000
  • Shade structure and outdoor fitness equipment – $50,000
Warren Holder Park (City Park)
  • Baseball fencing, netting and dugouts – $40,000
  • Building upgrades – $50,000
  • Football fencing – $20,000
  • General building repairs – $10,000
  • Repair and resurface cracked tennis courts and upgrade fencing – $50,000
  • Re-stripe parking lot – $15,000
Windy Hill Park
  • Fencing – $15,000
Police
Facility Needs
  • Forensic Garage – $25,000
  • Leica RTC360 Laser scanner kit – $121,607.60
  • Video surveillance system – $8,000
  • Asbestos abatement / building removal – $40,000
  • Replace carpet in North Precinct – $15,000
  • Defensive tactics mat north gym – $5,000
Vehicles
  • Ford Explorers outfitted for detective (6) – $280,026
  • Chevrolet Tahoe outfitted for crime scene tech (3) – $99,147
  • Mobile surveillance platform – $85,000
  • DEA / TFA vehicle – $38,000
  • Chevrolet Quad-Cab pick-up (2) – $90,000
  • Ford Explorer – $40,000
  • John Deere Gator – $10,000
Tax Assessor
  • Remodel reception area – $22,258
  • Tablets (6) – $19,000
Tax Commissioner
  • Ford Escape – $22,000
  • Remodel kitchen at Stockbridge office – $3,000
  • Security upgrades at Stockbridge office – $10,000
Technology
  • Admin tech vehicle – $90,000
  • Fire tech vehicle – $30,000
  • Police tech vehicle – $30,000
  • Courts tech vehicle – $30,000
  • McDonough Square fiber ring – $100,000
  • WiFi replacement – $110,000
  • Network switches – $160,000
  • 9k switches – $50,000
  • Cameras and server storage upgrades – $30,000
  • Routers 2811 – $40,000
  • Computer replacement program – $350,000
Risk Management
  • Ford Explorer 4×4 (or similar sized SUV) – $24,000
Sheriff
  • Patrol cars – $500,000
Senior Services
  • Replacement vehicles (7) – $168,000
  • Flooring replacement at Heritage Senior Center – $40,000
  • Replacement tables – $10,000
  • Replacement billiard tables (4) – $30,000
  • Security cameras at all senior centers – $20,000
  • Re-stripe parking lot at all senior centers – $6,000
  • Lobby furniture at Heritage Senior Center – $20,000
  • Walk-in coolers / freezers; passthroughs; convection – $101,000
  • Small equipment – $8,000
  • Pressure wash all senior centers – $5,000
Total – $19,752,826