Serving Clovis, Portales and the Surrounding Communities
CLOVIS — Clovis Community College accepted a financier Wednesday for their energy conservation project as they wind down to the final steps of preparation.
Brad Angst, Vice President of George K. Baum investment firm, and Tom Drake, vice president of administration at CCC, presented the options to the board before landing on BBVA Compass.
The energy conservation project will focus on upgrading hardware such as air conditioning and ventilation for savings in the long run. Angst said the school will then use the savings to pay off the project, creating no additional cost to the school.
“The guts of this campus are 30 years old,” Drake said. “It will save us money with quality and deferred maintenance.”
During the presentation Angst said the school will start making $48,000 a year after factoring in debt payments but will recoup savings of $376,000 annually, or more, once the debt is paid off.
In other business at the meeting:
• The board approved the summer graduation list containing 73 names. Rowley said this number was down from 76 last year but within the same range.
• The board heard information on the employee tax benefit plans from 2016. The benefit plans saved the college $6,764.
• The board approved Clovis Accountant Megan Palla as the third member of its Labor Management Relations Board joining BNSF Railroad representative Rick Switzer and CCC’s representative Mark Carpenter.
• The board approved the contract for the replacement of the college’s library roof for the amount of $572,482. The roof is being replaced following hail damage.
• The board approved the list of fixed assets for CCC and their recommendations for items to be auctioned. There were over 600 items to be auctioned including computers, printers, typewriters and copy machines.
• The board approved the financial actions report for the fourth quarter of fiscal year 2017.
• The board heard a report from Rowley concerning state efforts to re-evaluate New Mexico’s structure for higher education. She said CCC officials are evaluating cost benefits to the community and community need among other factors to help guide restructuring.