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Past Meeting Videos & Materials
Community Meeting Extra Materials (February 2017)
Option 2: Build New in Two Phases
Option 2: Build New in Two Phases
PowerPoint Presentation
(15 slides)
Video
(overview of all three options starts at about 00:28:00; presentation on Option 2 starts at about 00:31:50)
2021 Phase 1 completion and 2028 Phase 2 completion
Today's fifth graders enter 9th grade when Phase 1 is complete
Today's preschoolers enter completed school
Phase 1 allows for four acres of commercial/economic development and Phase 2 allows for two to four more acres of commercial/economic development
$147 million cost (estimated)
$64 million Phase 1 cost (estimated)
Science, labs, arts, auditorium
Critical fixes to existing building
Demolish auditorium and The Learning Center
Allows for four acres of commercial/economic development
$83 million Phase 2 cost (estimated)
Construct remainder of new school
Demolish existing school
Potential sale or lease value
$14 million to $18 million for Phase 1
$7 million to $9 million for Phase 2
$21 million to $27 million total
Estimated annual tax yield
$2 million from Phase 1 in 2026
$1 million from Phase 2 in 2033
$3 million total
Summary
Highest cost option
Pushes half of the cost out 8 years
Lowers financial risk
Allows first phase of commercial/economic development to occur prior to taking on full financial costs
Increases school operational difficulties
The Two Phases in Photos
The following seven birds-eye view photos show the five steps necessary to complete a two-phase project.
Background
Affordability
Option 1: Renovation & Addition
Option 2: Build New in Two Phases
Option 3: Build New in One Phase
Commercial or Economic Development
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