March 26, 2026 PC CIP Committee - Mar 26, 2026

meeting

Fairfax County Planning Commission 1h 24m 5 speakers 8 agenda items transcribed 7 days ago official recording ↗

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What are the opening introductions and who are the key officials present at the March 26, 2026 CIP Committee meeting?

Timothy J. Sargeant 0:00

I think we're all ready. Thank you and welcome to this March 26, 2026 meeting of Planning Commission's Capital Improvement Program Committee. And if you would like to introduce everybody for the record on your side, that would be great.

Unknown 0:17

Well, hi, I'm Martha Reed with the Department of Management and Budget, and I'll just go this way. Joe Lahate, Budget Director. Excuse me, Deputy Director, Budget Office. Sorry about that. Inadvertent promo. It's a quiz. Freudian. Thank you. Mark Thomas, Budget Office. Amy Simon, Budget Office. Rochelle Oak, Public Works. Mayor, Martha Stanser, Department of Public Works.

Timothy J. Sargeant 0:50

Salem Bush, Department of Planning and Development. And I'm Tim Sargent with the at-large member of the Planning Commission. If we could start down at that end, just introduce each other.

Mary D. Cortina 0:58

Mary Cortina, Braddock.

Unknown 1:02

Phil Nijelski-Eichner, at-large.

Alyssa Batchelor-Causey 1:05

Evelyn Spain, Sully. Alyssa Batchelor-Clausey, Drainsville. Alice Wang, Mason District.

Timothy J. Sargeant 1:14

I think we're good to go. So we had a very informative and productive public hearing the other evening, so very much appreciated with your help and wanted to take it from where we go now. So we've got your agenda and set to go.

Unknown 1:32

OK. I thought we could just start by going over the follow-up questions that came out of either our last workshop, I mean, our last committee meeting or the workshop. Great. So I can just run through those. And if you have any questions, we're happy to answer those. So you should have a packet in front of you with an agenda is the first page. The second group of pages is the actual answers to the questions. And then there's some backup documents. So the first question that we had was about the AAA bond rating and the savings that the county has been able to accrue over the years. And so since 1975, it's estimated that we've saved $1.1 billion. That's from both new money bond sales, so bond proceeds for projects that are new, as well as refinancing, so bonds that have been already sold and then were refinanced.

Unknown 2:41

And the split between those is $717 million in new money savings and $400 million in refinancing savings. And in the back of your packet, I have a memo that went to the board that outlines all of the details about that bond sale. That was the series 2026A. It has a Roman numeral I on it. In addition, there's another memo, Roman numeral II, that is the series 2026B, which was the refunding bond sale. So both of those are there for your information. And we will put you on the distribution list for those memos going forward so that as we sell bonds in the future, you get this information because it is pretty informative.

Unknown 3:49

Any questions on the bond sale info? Mr. Chairman? Go ahead. Just kudos for the follow-up and the public notice of this impact. And I think the public must really appreciate the significance of the quality or the rigor and adherence to principles that the county follows and therefore results in these type of savings. Just one question. Is this today's dollars or are they dollars that were accumulated over time? How are they measured? Chairman, it's all today's dollars, essentially the accumulation since the 70s. Okay. Thank you. Okay. There was a question that came up about the Colmore Library being closed for HVAC renovation. And so we did reach out and find out a little bit more about why that is taking so long or projected to take that long.

Unknown 4:56

Apparently, it's... I think these HVAC systems that are being put into facilities are more complex these days. So that's part of it. Our facilities people did tell us that they need to completely remove the existing HVAC and replace the entire system. And they're going to have to do some structural modifications to the library to support new ductwork and what they call variable air volume boxes. So all part of the system. But I think it includes, you know, Movement of walls and that kind of thing So they did say that many times when they're doing an HVAC replacement it can affect other building systems so they do need to close the facility and They also have a contractor that's going to be using the parking lot for staging of the equipment.