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<br /> <br /> <br /> <br />Board of Supervisors <br /> <br />Stephen A. Elswick <br /> <br />Arthur S. Warren <br /> <br />Dorothy A. Jaeckle <br />James M. Holland <br /> <br />Daniel A. Gecker <br /> <br /> <br />County Administrator <br /> <br />James J.L. Stegmaier <br /> <br /> <br /> <br />Summary of Actions Taken by the Board on August 26, 2015 <br /> <br />3:00 P.M. SESSION <br /> <br /> <br />COUNTY ADMINISTRATOR’S COMMENTS <br /> <br /> <br /> <br />Mr. Stegmaier was pleased to show a few pictures regarding the new Virginia State <br />University (VSU) Randolph Farm water tank that was dedicated a couple weeks ago. <br />Mr. Elswick and VSU Interim President, Dr. Pamela Hammond, spoke at the event. <br />The total project cost over $6.2 million and both VSU and Chesterfield County saved <br />approximately $1 million each (saved $2 million total) in new infrastructure costs by <br />building a larger, combined water tower jointly to meet Chesterfield and VSU needs. <br />The new tank includes new water lines through Ettrick to VSU campus and VSU will <br />save approximately 30 percent on water bills by converting 100 percent of VSU’s <br />water service to Chesterfield. <br /> <br /> <br /> <br />Mr. Stegmaier announced on Tuesday, August 4, Chesterfield County participated in <br />nd <br />the 32 Annual National Night Out celebration. More than 150 people, including <br />volunteers and members of the police department and other agencies, worked tirelessly <br />to help make the evening a huge success. Thousands of residents throughout the county <br />attended 122 block parties. <br /> <br /> <br /> <br />Mr. Stegmaier reported last week the county sold bonds that generated $33 million in <br />proceeds to support the ongoing school revitalization referendum projects (Monacan, <br />Providence and Manchester). The bonds were sold at an overall interest rate of 2.46 <br />percent. The very competitive interest rate is in large part due to the recent <br />reaffirmation of the AAA bond rating – the highest credit rating available – from each <br />of the nation’s top three rating agencies, including Standard and Poor’s, Moody’s <br />Investors Services and Fitch Ratings. <br /> <br />Ms. Susan Baxter with the Southeastern Institute of Research, Dr. Ted Raspiller, President of <br />John Tyler Community College and Mr. Mac McGinty, vice president at Community College <br />Workforce Alliance, presented a RVA workforce study report. <br /> <br />Mr. Stegmaier stated the Board set September 16, 2015 for a public hearing to consider an <br />amendment to County Code related to New Construction Procurement for Chesterfield County <br />Schools. At the time the Board set the public hearing, they asked staff to prepare a report on <br />the transfer of procurement responsibilities to the county purchasing department. County staff <br />worked with school staff to prepare the report and it has been included in the agenda packet. <br />No action is required on this item until after the public hearing on September 16th. <br /> 1 <br /> <br />