Capital & Facility Acquisition Plan | Page 13

Required Process to Acquire a New Facility Coordinating each step in the process of acquiring a new facility and selling the existing facility along with communicating the information contained within this Facility Acquisition Plan to 13 partner agencies is a complex process. It is imperative that the NSSRA Board, staff, and Partner Agency Boards act in a timely fashion to keep the process moving toward successful accomplishment of the goal. Below are specific steps, as required by NSSRA’s Articles of Agreement, for the NSSRA Board of Directors and Partner Agency Boards to accomplish this goal. 1. NSSRA staff and Board communicates need and Capital and Facility Acquisition Plan with partner communities, stakeholders and Partner Agency Boards. 2. NSSRA staff and Board seek out most suitable permanent location for NSSRA. 3. Partner Agency Boards approve and ratify NSSRA Board’s resolution to petition court to sell the building at 3105 MacArthur Blvd., Northbrook. 4. NSSRA Board approve contract to acquire new facility. 5. Partner Agency Boards approve contract to acquire new facility. 6. NSSRA Board approves contract to sell the building at 3105 MacArthur Blvd., Northbrook. 7. Partner Agency Boards approves contract to sell the building at 3105 MacArthur Blvd., Northbrook. NSSRA 10 Year Capital Plan Estimate As a cooperative agency, NSSRA operates all of its programs in partner agency facilities. As a result, NSSRA only has three areas of capital expenses including vehicles, technology and facility. Northern Suburban Special Recreation Association Foundation (NSSRA Foundation) has committed to funding the purchase of NSSRA’s program vehicles from 2013 - 2023 at an estimated cost of over $553,00. A smaller portion of the capital expenses are NSSRA’s technology costs that total $139,000 over 10 years and the current facility costs which include improvements to the existing building and are estimated at $11,000. On page 14 is a summary table of the total estimated NSSRA capital costs from 2014 - 2024. NSSRA’s Capital Plan will be reviewed and approved by NSSRA’s Board on an annual basis. NSSRA Facility Acquisition Plan 13