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DESCRIPTION OF INTERIM CAPITAL PROJECTS FOR CONSIDERATION December 7, 2017
AIKEN TECHNICAL COLLEGE PROJECT NAME: Aiken – Land Donation REQUESTED ACTION: Final Land Donation REQUESTED ACTION AMOUNT: $0.00 INITIAL CHE RECOMMENDATION DATE: October 30, 2017 (Staff Approved Phase I)
Project Budget Previous Change Revised Other: Environmental Scan and Closing Costs
$20,000 $0 $20,000
Total $20,000 $0 $20,000
Source of Funds Previous Change Revised College Local Funds * $20,000 $0 $20,000 Total $20,000 $0 $20,000
*Revenues from Tuition and Fees
DESCRIPTION: Subsequent to submitting its 2018 CPIP, Aiken Technical College was approached by a community member in October 2017 with an offer to accept approximately 20 acres of undeveloped land adjacent to its current campus footprint. The College was eager to pursue accepting the donation of land due to the location, valuation, and future campus planning. In the short term, the land will serve as a buffer for incompatible development and in the future as a site for expansion. Year 4 of the 2018 CPIP includes one project to construct an access road through campus, which if approved, could benefit from the land donation.
One potential environmental concern, silvicultural chemicals, was identified during the site assessment but the use is not considered a Recognized Environmental Condition (REC) at this time. No evidence of RECs, controlled recognized environmental conditions (CREC), or historical recognized environmental conditions (HREC) were revealed in connection with the property.
The College estimates it will incur $2,700 in costs associated with this donation for the Environmental study and closing costs. Support letters acknowledging the removal of the property from the County’s tax rolls were received from the County of Aiken and Aiken County School District. The market value of the land is approximately $200,000.
E&G MAINTENANCE NEEDS: N/A
ANNUAL OPERATING COSTS/SAVINGS: $0
Agenda Item 4.AFinance and Facilities Committee
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Note: Revised 11.22.17
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PERMANENT IMPROVEMENT PROJECT INFORMATION FORMAT
FOR PRELIMINARY LAND ACQUISmON / INVESTIGATIVE STUDIES PROJECTS
I. What is the internal projected cost of the project, including acquisition cost?The costa uaoc:i8lad with Ille � Ol lhe 20 - OI Clanai.cl laid - Ille En.bQ ••• ilal Sllldy and .., legal upenN UICICialeCI with transfen1ng Ille laid to Aiken Tect,nlcal College. The COIIS wtll not exceed S20,000.00.
2. What is/are the source(s) of funds to be used for investigative studies for the acquisition?Local funds provided by the current operating budget of the College will be used in the acquisition of the donation.
3. What is your agency/institution's definition of the source(s) of funds to be used for the investigativeland studies? (Please be specific for each source and if there is a statutory authority authorizing the use of the funds for capital projects/acquisitions, please cite the code section. If a source includes any type of fee, what is the fee called, what is the fee amount and when was it put in place?)
College funds are revenues collected from tuition and fees.
4. What is the current fund balance of uncommitted funds in the� of funds for investigative landstudies?
The amount of funds committed to investigative land studies will not exceed $20,000.
5. What is the source(s) of funds to be used for the acquisition?There are no funds committed to the acquisition of land since it will be donated to the College.
6. What is your agency/institution's definition of the source(s) of funds to be used for acquisition?(Please be specific for each if different from those in 3 above. If there is statutory authority authorizing the use of the funds for acquisition, please cite the code section and if a source includes a fee, what is the fee called, what is the fee amount and when was it put in place?)
The land donor would like to transfer 20 acres of undeveloped land to the College.
7. What is the current fund balance of uncommitted funds in each source to be used for the acquisition?The land donor would like to transfer 20 acres of undeveloped land to the College.
8. Will the use of any funds for the acquisition require an increase in any student fee or tuition? If so,please explain.
No increase is required since the land donor would like to transfer 20 acres ofundeveloped land to the College."il-\12..futds ��-hrie£l "'""t. c.t\aod\.f � �I((�.
9. If the use of any funds for acquisition will require any student fee or tuition increase, please explainand include the amount of the fees annually or by semester, what the fee is called and when it was put in place.
No student fee or tuition increase will occur since the land donor would like to transfer 20 acres of undeveloped land to the College.
I 0. What is the total acreage and/or square footage of the land and/or building to be acquired?
20 acres of land is intended to be donated to the College.
Note: This information was provided for Phase I, and is included for reference
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Aiken County, SC
Parcel ID 050-18-02-004Location Address Legal Description
(Note: Not to be used on legal documents)Property Class / Property Type RESIDENTIAL / REAL PROPERTYNeighborhood COMM AIKEN AUGUSTA HIGHWAY 2Fire District LANGLEYBuilding Description Tax District BURNETTOWNMillage Rate 6% RATIO = 234.5 OWNER-OCCUPIED 4% RATIO = 97.2Acres 20.00Exemptions Council District COUNCIL DISTRICT THREELocation Description N OF JEFFERSON DAVIS HIGHWAY
Primary OwnerAfsar Waraich103 Gregg AveAiken, SC 29801
Land Type Units Unit Type Appraised Value Market Value
Residential 6% 20 AC $200,000 $200,000
No data available for the following modules: Residential Buildings, Commercial Buildings, Mobile Home Information, Mobile Homes on Parcel, Miscellaneous Improvement Information, Property Valuation History, Sketches, Photos.
Parcel Summary
Owner Information
Land Information
Sales
The Aiken County Assessor’s Office and IT/GeoServices Division strive to produce the most accurate information possible. No express or implied warranties of any kind are provided for, or applicable to, the data herein, its use, or its interpretation. All assessment information is subject to change.
Last Data Upload: 11/26/2017 8:35:08 PMDeveloped byThe Schneider Corporation
Page 1 of 1Beacon - Aiken County, SC
11/27/2017file:///N:/FFMIS/Committees/Finance%20&%20Facilities%20Committee/2017%20Meeti...
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Aiken County, SC
Developed byThe Schneider Corporation
Parcel ID 050-18-02-004
Sec/Twp/Rng n/a
Property Address
Alternate ID n/a
Class n/a
Acreage n/a
Owner Name AFSAR WARAICH
District n/a
Brief Tax Description n/a
(Note: Not to be used on legal documents)
Date created: 10/24/2017Last Data Uploaded: 10/24/2017 1:17:56 AM
1,413 ft
Overview
Legend
Parcels
Roads
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Aiken County County Administrator's Office
Remembering the Past, Preparing for the Future
J Clay Killian County Administrator
November 6,2017
Dr. Forest E. Mahan, Pr.esident Aiken Teclmical College Post Office Drawer 696 Aiken, South Carolina 29802
Dear Dr. Mahan :
Aiken Teclmical College plays a major role in Aiken County and is one of the reasons Aiken County is thriving. The training programs you offer to existing industries, as well as those you tailor to fit the unique needs of potential new industries being recruited to our area, is critical to our economic vitality. The quality of the students graduating from Aiken Teclmical College helps us provide a well-educated and trained workforce for companies, which in tum, gives them opportunities to support their families and be contributing members of our community.
I understand you have an opportunity to acquire twenty acres of property immediately adjacent to the campus. This property can be used to expand the College and allow you to continue to grow to meet the needs of Aiken County and the surrounding area for years to come. Aiken County supports this acquisition and we look forward to future growth opportunities for the College.
County Administrator
1930 University Parkway • Suite 3100 • Aiken • South Carolina • 29801 803-642-2012 • www.aikencountysc .gov 15
KEY INDICATOR REPORTAiken TechENROLLMENT RESIDENCY (Undergraduate)
Out-of-State Growth
In-State Growth
-15.8%
Undergrad Growth-25.8%-24.6%
3,128 3,071 2,905
2,583 2,351 2,359
- - - - - - -
500
1,000
1,500
2,000
2,500
3,000
3,500
2010 2011 2012 2013 2014 2015
Undergraduate Enrollment Graduate Enrollment
87.6% 87.9% 87.1% 86.6% 86.0% 86.2%
12.4% 12.1% 12.9% 13.4% 14.0% 13.8%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2010 2011 2012 2013 2014 2015
In-State Out-of-State
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FINANCIAL INDICATOR REPORTAiken TechREVENUES PER STUDENT by Category (2016 dollars) EXPENSES PER STUDENT by Category (2016 dollars)
LONG TERM DEBT vs. DEBT SERVICE (Millions) TOTAL ASSETS (Left, Millions) vs. AVERAGE AGE OF ASSETS (Right, Years)
Sources: Financial Data. National Center for Education Statistics. IPEDS : Integrated Postsecondary Education Data System. (online: https://nces.ed.gov/ipeds/Home/UseTheData).
-100.0%Debt Service Growth
-26.1%Long-term Debt Growth
34.7%Asset Growth
-2.7%Age of Asset Growth
28.1%Tuition Growth
19.4%State & Local Growth
-6.6%Instruction Growth
6.9%Auxilary Growth
1,879
1,658
2,253
2,425
2,463
2,408
288
222
237
213
316
359
2,227
1,951
2,038
2,509
2,663
2,659
2,970
2,623
2,753
2,964
2,861
2,546
402
445
502
518
461
450
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
2010
2011
2012
2013
2014
2015
Tuition & Fees Gifts, Private Grants State and Local Federal Sources Auxiliary
4,157
3,880
4,176
4,269
4,193
3,884
-
-
-
-
-
-
-
-
-
-
-
-
2,470
2,604
2,643
3,053
3,196
3,224
557
610
1,140
1,391
1,352
1,204
663
622
627
668
723
709
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
2010
2011
2012
2013
2014
2015
Instruction Research Public ServiceSupport and Services Scholarships Auxilary and Other
$1 $1 $1 $1 $0 $1
$0.1
$0.1$0.1
$0.0
$0.0$0.0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1
$1
$1
$1
$1
2010 2011 2012 2013 2014 2015
$34 $34 $35 $37 $37 $46
10.8
10.4 10.4
10.2
10.3
10.5
10
10
10
10
11
11
11
$0
$5
$10
$15
$20
$25
$30
$35
$40
$45
$50
2010 2011 2012 2013 2014 2015
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