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News Release - Public School Capital Construction Assistance Board Meeting, November 9, 2010

Nov. 9, 2010

News Release

Next Meeting of Public School Capital Construction Assistance Board Is Wednesday, Nov. 10 in Denver

The next meeting of the Public School Capital Construction Assistance Board (CCAB) is scheduled for Wednesday, Nov. 10.

The meeting will be held from 1 to 3:30 p.m. at the State Services Building, 1525 Sherman St., Suite B-70, in Denver.

The meeting agenda includes:

  • Roll call;
  • Approve agenda;
  • Approve minutes from October meeting;
  • Board report;
  • Directors report
    • Election results;
    • Summarize Oct. 29 CCAB meeting;
  • Action Items:
    • Adopt Resolution 10-5 instructing the State Treasurer pursuant to 22-43.7-110(2) C.R.S. to enter into one or more lease-purchase agreements on behalf of the State to provide financial assistance to the BEST Lease-Purchase projects that were approved by the state board on Aug. 10, and have met the necessary requirements for financing;
    • Approve a decrease in Akron R-1’s match from $7,712,774 to $7,080,066 due to a decrease in assessed valuation in August 2010 which decreases their maximum bonding capacity. This would increase their grant to $17,022,353
  • Discussion Topics
    • Discussion pertaining to COP project scoring;
    • Discussion pertaining to process for selecting projects to recommend to the state board;
    • Discussion on funding of master plans and master plan requests.
  • Upcoming meetings:
    The monthly board meetings for 2011 are scheduled for:
    • January 26
    • February 23
    • March 23
    • April 27
    • May 25

All meetings are scheduled for 1—3:30 p.m. in Room 101, 201 E. Colfax Ave., in Denver.

For more information, contact Ted Hughes, director of division of public school capital construction assistance at 303-866-6948.

About BEST

The BEST legislation increases the level of financial assistance provided to school districts, charter schools and Board of Cooperative Educational Services (BOCES) for capital construction projects, particularly in those school districts that can’t afford to meet their own needs.

The function of the Public School Capital Construction Assistance Board is to protect the health and safety of persons using public school facilities and to maximize student achievement by ensuring public school facilities provide a safe and un-crowded environment that is conducive to student learning.

For more information on the Capital Construction Assistance Board and to read board minutes, visit

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