WEBVTT 00:00:00.738 --> 00:00:12.559 - Okay, well, this is our first time having a work session recorded and we'll thank CATS for being here 00:00:12.559 --> 00:00:24.148 - tonight to do that. This is a work session to really take a look at potential construction projects 00:00:24.148 --> 00:00:30.174 - and also to talk about bonding and the implication, 00:00:30.370 --> 00:00:40.487 - implementations about that. Still don't think I got that right. And so I'd like to thank Misha from 00:00:40.487 --> 00:00:50.807 - Lancer and Victor and Martin from Skillman and Matt from Stiefel for being here tonight. And first of 00:00:50.807 --> 00:00:56.574 - all, we're going to go through a PowerPoint presentation 00:00:56.674 --> 00:01:07.003 - that will explain further some of the projects and also look at some budgetary items. And then I put 00:01:07.003 --> 00:01:17.230 - together a recommendation and nothing's written in stone on that recommendation. It was really just 00:01:17.230 --> 00:01:24.798 - to kind of say, here's my idea of where we can go and where we could take 00:01:24.898 --> 00:01:37.530 - different projects out of. We have two general obligation bonds that have funds available to us and 00:01:37.530 --> 00:01:50.288 - we also have some past construction bond funds that we could take a look at and see what projects we 00:01:50.288 --> 00:01:54.078 - want to take from them and so 00:01:54.562 --> 00:02:04.766 - Like to just hope we can get be productive in our conversations and and clearly I'm talking to myself 00:02:04.766 --> 00:02:15.169 - and not go to down to too many rabbit holes, but kind of a try to my goal tonight would be to hopefully 00:02:15.169 --> 00:02:17.470 - for the for the board. 00:02:18.114 --> 00:02:26.103 - provide some guidance and direction in general, and nothing will be voted on tonight, but just give 00:02:26.103 --> 00:02:32.574 - us a roadmap of where we go from here. So I'm gonna turn it over to Misha first. 00:02:33.154 --> 00:02:39.770 - We'll get started. Okay, well thank you so much, Misha, with Lancer Associates. Thank you so much for 00:02:39.770 --> 00:02:46.451 - having us back. So I'll go through a few visuals of what some of the additions and projects might look 00:02:46.451 --> 00:02:53.197 - like or where they might be located on the campus map. Please feel free to stop me at any point in time 00:02:53.197 --> 00:02:59.294 - and ask questions and it should be a conversational part. So we will start with a high school 00:02:59.874 --> 00:03:07.678 - And I do have two different options for this piece, and it's mainly deals with the biomedical labs. 00:03:07.678 --> 00:03:15.559 - So what we are looking at is really an addition right over there next to the existing band and choir 00:03:15.559 --> 00:03:23.363 - area. So this is in lighter pink. And then we're looking at a larger addition of the band and choir 00:03:23.363 --> 00:03:29.840 - that's going to be on the east side of the building. So that's choir, larger area, 00:03:29.840 --> 00:03:39.564 - There was also opportunity to put a kind of a second story observation deck and practice rooms and storage 00:03:39.564 --> 00:03:48.743 - rooms up there. We also have some offices, storage rooms, also an assembly room there. And then just 00:03:48.743 --> 00:03:56.286 - keeping a corridor as a connection between the existing building and the new part. 00:03:56.578 --> 00:04:03.887 - In terms of the existing band and choir room, we're looking at potentially adding six more classrooms 00:04:03.887 --> 00:04:11.554 - into the building. So that's going to be different in option two. And then building out the new biomedical 00:04:11.554 --> 00:04:19.293 - labs over in this area here. So those will be kind of larger and they really can be designed to do anything 00:04:19.293 --> 00:04:20.798 - that you would want. 00:04:21.570 --> 00:04:31.192 - Oh, I thought there was a question. I was seeing where the end of the building is. Yes, so yeah, the 00:04:31.192 --> 00:04:41.291 - existing end of the building is right over in this area. So anything in the darker red is really building 00:04:41.291 --> 00:04:51.390 - addition. So I was trying to visualize the biomedical lab where that would cut off and I can kind of see. 00:04:52.162 --> 00:05:00.618 - kind of cutting into that parking lots. And then also part of the project is going to be an additional 00:05:00.618 --> 00:05:08.992 - parking in the front area, kind of where that grassy area is, and also a much larger added parking on 00:05:08.992 --> 00:05:17.448 - the west side of the building where we added some parking and then kind of expanding that parking even 00:05:17.448 --> 00:05:22.046 - further. When you say out front, you're adding tension, 00:05:22.178 --> 00:05:28.485 - I know we would be losing some up front. Is that what you're? No, I think it's kind of also part is 00:05:28.485 --> 00:05:34.856 - that there's probably going to be a underground detention there. So just for cost reasons. So that's 00:05:34.856 --> 00:05:41.164 - skill and had it in there or to kind of account for that as so that there wouldn't be hopefully too 00:05:41.164 --> 00:05:47.660 - many surprises once construction starts in the drainage on the front. I know we had talked about that. 00:05:47.660 --> 00:05:50.814 - Yes. So kind of taking that soil that's there and 00:05:50.946 --> 00:05:58.560 - trying to redirect it further down that way. And we'll also kind of look into reconfiguring the existing 00:05:58.560 --> 00:06:05.885 - drive there as we will be taking out some of the parking areas in the front of the building. So kind 00:06:05.885 --> 00:06:13.717 - of keeping the existing kind of where the flat pole is and kind of all that landscape area, but redirecting 00:06:13.717 --> 00:06:20.606 - the traffic a little bit so that you have that drop off area right in front of the front door. 00:06:27.042 --> 00:06:34.990 - Then option two is really taking out that addition of biomedical labs and instead renovating the existing 00:06:34.990 --> 00:06:42.938 - band and choir rooms to be lab spaces themselves. And in that we are only providing only three additional 00:06:42.938 --> 00:06:50.662 - classrooms for the high school to be able to use. And these labs are a little bit smaller just so that 00:06:50.662 --> 00:06:53.886 - we can fit within the existing footprints. 00:06:54.082 --> 00:07:03.824 - That is the main difference between option one and two. Heavy renovation. Yes, it will be a heavy renovation. 00:07:03.824 --> 00:07:12.947 - Well, yeah, we'll clean it out. The mandrel looks a lot bigger already with all those steps out there. 00:07:12.947 --> 00:07:22.423 - Well, but they're taking the current band inquirer and making that to biomedical labs and three additional 00:07:22.423 --> 00:07:23.486 - classrooms. 00:07:24.098 --> 00:07:33.181 - Perfect. I kind of like that idea. There's cost difference too. Oh, definitely, yes. And then we also 00:07:33.181 --> 00:07:42.353 - will try to make sure that we are keeping the existing structure in place. There are some load-bearing 00:07:42.353 --> 00:07:51.347 - walls, so we will keep those intact. So what are the current band and choir square footages compared 00:07:51.347 --> 00:07:53.662 - to what they're going to? 00:07:54.402 --> 00:08:04.547 - They are, I believe the band is about 1,400, 1,500. What we're looking at is what band room is about 00:08:04.547 --> 00:08:14.691 - 4,000. So we are tripling the size. Well, really for both band and choir. I think it's actually more 00:08:14.691 --> 00:08:18.910 - than that. Well, band will be able to fit 00:08:19.394 --> 00:08:26.550 - It's not going to have a basketball court, but it will have enough space for a basketball court inside 00:08:26.550 --> 00:08:33.776 - of it just because of what they do in terms of practice and kind of the space allocations and mats that 00:08:33.776 --> 00:08:40.723 - they use there. So the A team, A is combined. Yes. Yeah, that's correct. That's whole. And whatever 00:08:40.723 --> 00:08:48.574 - is going to be having over like over two story type. Yes. The band or the choir, I don't remember. Both of them. 00:08:48.898 --> 00:09:07.287 - Oh, really? Yes. Once we go up might as well use that circulation that way. It seems humongous. It's 00:09:07.287 --> 00:09:17.118 - much bigger, but it is what a lot of high schools are 00:09:17.250 --> 00:09:25.767 - looking towards. It's roughly the size of your band and choir combined. Right. The band location. Yes. 00:09:25.767 --> 00:09:34.118 - What's the square footage of the activity center? The new activity center in fact, what's the square 00:09:34.118 --> 00:09:42.635 - footage? Oh, I wish you hadn't asked me that. If you could give me a second, I can... That's of course 00:09:42.635 --> 00:09:44.702 - what? It's not that big. 00:09:45.506 --> 00:09:52.180 - It's smaller than the band and choir edition. It's less than 18,000. Right. It's probably. It is less. 00:09:52.180 --> 00:09:59.113 - Yes. And it's also. That's the visuals. A shell. Huh? It's also a shell as compared to as far as possible. 00:09:59.113 --> 00:10:05.787 - Correct. Correct. You're talking about the new. The new activity center. Activity center. It's a field 00:10:05.787 --> 00:10:12.331 - house. What's the official term? I thought you were going to call it activity center. Field house. I 00:10:12.331 --> 00:10:13.886 - think it's field house. 00:10:14.146 --> 00:10:25.918 - We vote on that? We did not. Okay. The signage has come in his field house. Anybody could use it though, 00:10:25.918 --> 00:10:37.242 - as of right now. Oh yeah. If we decide not to do a band inquiry. Right. And Aaron will tell you that 00:10:37.242 --> 00:10:40.606 - this isn't big enough. Right. 00:10:40.770 --> 00:10:48.282 - That's what I was like. I was almost on time, but he comes inside. I really, yeah, I don't really care 00:10:48.282 --> 00:10:55.794 - what he tells me. I think there are a few barriers of this size around South Central and South Central 00:10:55.794 --> 00:11:03.670 - Indiana. Well, like Seymour May School, I guess they're one the bigger than us. But to give you an example, 00:11:03.670 --> 00:11:07.390 - you're not out ahead of anybody too much for this. 00:11:12.578 --> 00:11:22.658 - if we got a certain amount of money. What's that? Yeah. Do apologize. Actually, the activity center 00:11:22.658 --> 00:11:32.939 - is larger. It's 23,000. Yes. 23,000 for the activity center. Is that right there in the back? No. No, 00:11:32.939 --> 00:11:41.406 - sorry, the field house. Let's get the ones right. We haven't got the money yet. No. 00:11:42.018 --> 00:11:59.737 - Should we move on to athletics? So what we're looking at are renovations to both the baseball and softball 00:11:59.737 --> 00:12:09.342 - fields. So there's a little bit less work at the existing 00:12:10.306 --> 00:12:20.762 - baseball field, so we will turf the field itself, create a new bullpen for both visitors and the home 00:12:20.762 --> 00:12:31.730 - team, as well as there's a little bit of a great work that we heard that we need to do in terms of raising 00:12:31.730 --> 00:12:37.470 - parts of the field. Then moving south, we're looking at 00:12:37.826 --> 00:12:45.694 - Paving that existing gravel drive so that you got a nicer entrance there. Possibly putting a new restroom 00:12:45.694 --> 00:12:53.413 - concessions building right at the entrance so that you can also create ticketing there and kind of into 00:12:53.413 --> 00:13:00.984 - that area. Possibly creating a new pole barn that you can use for both storage and just quick, really 00:13:00.984 --> 00:13:03.582 - changing rooms for visiting teams. 00:13:03.682 --> 00:13:13.168 - And then for the field itself, we were looking to turf it, new backstops, new sound system, new press 00:13:13.168 --> 00:13:22.748 - box, as well as creating a new concrete walkway all the way around it to connect both to the restrooms 00:13:22.748 --> 00:13:26.654 - and to the existing concessions building. 00:13:28.866 --> 00:13:41.102 - Yes. It's just a walkway. Where's the press box? The new press boxes. Oh, I've got home plate. Okay. 00:13:41.102 --> 00:13:53.822 - So that little existing building staying out there. Yes. We got to do some of that, right? Revamp it or? 00:13:54.082 --> 00:14:03.945 - We definitely can repaint it and things. It's still solubility. Yeah. I think that's also where your 00:14:03.945 --> 00:14:13.905 - head end for all the athletic lights is. Notice the fields are red. That's just diagrammatic for now. 00:14:13.905 --> 00:14:20.350 - We can talk about colors in a later stage. Wrong day to say that. 00:14:24.706 --> 00:14:33.509 - Okay, and then the last kind of major kind of additions or innovation portion that I'll be sharing is 00:14:33.509 --> 00:14:42.312 - the junior high school. So in the back of that, the newest addition of the building, we're looking at 00:14:42.312 --> 00:14:51.374 - providing the new band and choir rooms there. And as well as kind of enough classroom space and practice 00:14:51.374 --> 00:14:54.654 - rooms around, that's kind of the main 00:14:55.234 --> 00:15:03.312 - comment that we got from when we met with the teachers that they needed classroom space in between the 00:15:03.312 --> 00:15:11.312 - two. We'll also have dedicated choir storage with an overhead door there that they use. Also, we will 00:15:11.312 --> 00:15:19.547 - be providing a new set of restrooms on that side of the building just because it seems that the existing 00:15:19.547 --> 00:15:24.958 - activity or multipurpose room doesn't have access to them right now. 00:15:25.058 --> 00:15:34.297 - One of the things we saw earlier was the storage in the hallway. Is that still part of this? It's kind 00:15:34.297 --> 00:15:43.536 - of in a hallway. It's more inside of the band room. We'll still have some of that musical locker rooms 00:15:43.536 --> 00:15:50.174 - there. And then we're still preserving the access into the kitchen there. 00:15:50.306 --> 00:15:58.558 - outdoor space for the cafeteria is still gonna be preserved, might be closed during construction just 00:15:58.558 --> 00:16:06.647 - because of proximity. And then the other item is that there's a potential to renovate existing band 00:16:06.647 --> 00:16:15.061 - and choir rooms to get you to five classrooms there as well as some offices and small group instruction 00:16:15.061 --> 00:16:18.782 - over in this area there. These classrooms are 00:16:19.618 --> 00:16:26.684 - kind of similar to what you currently have, which is, I would say is on the smaller side generally, 00:16:26.684 --> 00:16:34.245 - kind of what we typically see in education facilities. But again, we are trying to fit within the confines 00:16:34.245 --> 00:16:41.311 - of load bearing walls and making sure that we're not compromising the structure there. And then you 00:16:41.311 --> 00:16:48.094 - can see kind of this area here is just kind of rewiring the data for the existing, from the new 00:16:48.514 --> 00:16:56.225 - IDF closets in there. The white part is the new gym, right? Yes. This is different. This is different 00:16:56.225 --> 00:17:03.786 - than what we talked about. I thought we talked about leaving the band and choir up to top and doing 00:17:03.786 --> 00:17:12.026 - something, expanding it out. That was one of the things that was discussed. Yeah, turn this in the classroom 00:17:12.026 --> 00:17:16.638 - down here so we're not. I didn't think we ended up that way. 00:17:16.770 --> 00:17:24.531 - Well, I thought after listening to the band inquire teachers, they were talking about some alternatives 00:17:24.531 --> 00:17:32.068 - they could do if they liked better. Well, we expanded, we listened to them. They wanted a little bit 00:17:32.068 --> 00:17:39.531 - bigger space. So we made some adjustments to the original plan in terms of extending that expansion 00:17:39.531 --> 00:17:43.038 - area out a little bit further. We changed the, 00:17:45.378 --> 00:17:54.288 - Storage for the band equipment. What else? We added a lot of practice rooms, a lot of offices, things 00:17:54.288 --> 00:18:03.199 - like that. Just don't believe that you'll get to a good result renovating existing space just because 00:18:03.199 --> 00:18:12.197 - of the height needed in that space. And overall, you'll get a better product with Ben and Choir moving 00:18:12.197 --> 00:18:14.206 - into the new position. 00:18:14.562 --> 00:18:23.366 - square footages, that's exactly what we're giving up at band inquire, giving up 6,800 to get 11,000, 00:18:23.366 --> 00:18:32.344 - does that sound right? Yes. Okay. You talked to band inquire about this, so they've seen this already. 00:18:32.344 --> 00:18:41.061 - Oh yeah, they saw it, the original, and then we made those adjustments based on what they said. The 00:18:41.061 --> 00:18:44.286 - high school's seen this too. Mm-hmm. 00:18:44.738 --> 00:19:04.008 - So Victor, Martin, you want to kind of go through the estimates? I'll start when I get in trouble and 00:19:04.008 --> 00:19:12.510 - ask Martin to help me. We really have three. 00:19:12.706 --> 00:19:19.106 - Four pages of estimates here. We've got, so you have to bear with this, some of them were kind of came 00:19:19.106 --> 00:19:25.381 - together here pretty recently. But this first page starts out with the two different options for the 00:19:25.381 --> 00:19:31.719 - high school. We just collected everything together so that you could look at option one or option two 00:19:31.719 --> 00:19:38.118 - and it included both the renovations, the additions and the parking lots. You see the individual costs 00:19:38.118 --> 00:19:42.654 - listed there. If you were to choose to move only partial of each option, 00:19:43.074 --> 00:19:51.520 - The big difference between option one and two, of course, is the fact that option one has the actual 00:19:51.520 --> 00:20:00.050 - biomedical as a lab addition. So essentially, you're almost $3.6 million because you're adding on and 00:20:00.050 --> 00:20:08.747 - still renovating the existing space. So there's a minor difference between renovating it in the general 00:20:08.747 --> 00:20:12.510 - classrooms versus renovating the biomedical. 00:20:12.706 --> 00:20:21.339 - So that's the two differences between those two options. The next line item there is the baseball softball 00:20:21.339 --> 00:20:29.649 - field renovations that Misha described there. Those are all in, all the information that he described, 00:20:29.649 --> 00:20:38.846 - the buildings, the facility updates are included in each one of those projects for a total of $5.7 million there. 00:20:39.586 --> 00:20:46.812 - And then the additions and renovations to the junior high are sub-totaled there. The big part being 00:20:46.812 --> 00:20:54.038 - the performing arts addition, as well as the renovation of the old area into, and I say classrooms, 00:20:54.038 --> 00:21:01.553 - but all the spaces that Misha described there in his design are captured in each of these. So primarily 00:21:01.553 --> 00:21:07.262 - classrooms, but restrooms, et cetera, are incorporated in each of the designs. 00:21:07.586 --> 00:21:13.890 - So we just gave you a grand total of option one and option two, just to give you an order of magnitude 00:21:13.890 --> 00:21:20.133 - for all that work. But that's not the only work that we're talking about tonight. So I'll pause there 00:21:20.133 --> 00:21:26.376 - in case you have any questions regarding those estimates. So on the baseball, softball fields, the $2 00:21:26.376 --> 00:21:32.803 - million discrepancy is because of the outbuildings. Those are two million dollars worth of outbuildings. 00:21:32.803 --> 00:21:36.414 - Baseball fields are massive. So the softball field is 3.8. 00:21:36.546 --> 00:21:44.789 - Baseball's $1.9 million. That's $2 million. You've got structures. You've got lockers and toilet rooms, 00:21:44.789 --> 00:21:53.270 - toilet room concessions. Two-story press box, restroom concession building. Those are the big differences. 00:21:53.270 --> 00:22:01.592 - $2 million, so that's a lot of money. Whole barn? Yes, sir. Those buildings are always expensive because 00:22:01.592 --> 00:22:06.110 - you've still got all the utilities you've got to get to. 00:22:07.138 --> 00:22:37.086 - Yes, sir. But did you explain construction soft costs? We'll make it up on the softball. 00:22:40.994 --> 00:22:49.529 - Sure, you're right, right. It does seem like a monster difference. I mean, I was looking at the difference 00:22:49.529 --> 00:22:57.585 - in the two. Yes, sir. And remember, these are projected costs. Oh, I know. When we go out and we bid 00:22:57.585 --> 00:23:05.641 - all this, that's the actual number. That's such a lot. Yeah, but combined, it's spending $18 billion 00:23:05.641 --> 00:23:09.310 - on four lignards. That's a lot. Four page on. 00:23:09.986 --> 00:23:23.205 - I'm looking at the project cost totals on the first page of it. It's got performing arts edition 11.5 00:23:23.205 --> 00:23:36.424 - million and 6.5 million, but basically for the junior high, that's $18 million. And in spending that, 00:23:36.424 --> 00:23:38.238 - we're getting 00:23:42.914 --> 00:24:00.146 - total of five classrooms at the junior high and anywhere between three and six at the high school. So 00:24:00.146 --> 00:24:12.478 - as far as capacity for educational space, we're not growing much at all. 00:24:14.114 --> 00:24:23.068 - when we're spending almost half of what we're talking about for performing arts. I just have a problem 00:24:23.068 --> 00:24:31.760 - with that. Okay, tell me where the 18 million is. I don't see where the 18 million is. To the first 00:24:31.760 --> 00:24:40.801 - page that has the... Performing Arts Commission. 11.4. That one there is for the high school. Six here. 00:24:40.801 --> 00:24:42.974 - And then this down here. 00:24:44.130 --> 00:24:52.367 - is for the junior high school. Because there wasn't an 18 million on here. It's got to add up. Yeah, 00:24:52.367 --> 00:25:00.604 - you got to add the two million. It doesn't matter if you pick up from one or two. It doesn't matter. 00:25:00.604 --> 00:25:08.841 - It's the same amount. I don't know. That's hard for me to take. We're talking about classroom issues 00:25:08.841 --> 00:25:11.614 - and space and where we're headed. 00:25:12.930 --> 00:25:20.354 - doesn't look like we're doing much to try to do that. I think we also have a ways to go with performing 00:25:20.354 --> 00:25:27.634 - arts. I do too, but I don't know that tripling, quadrupling, the size is something that we can afford 00:25:27.634 --> 00:25:34.915 - to do. I mean, yeah, we've got a good program, but they've been able to have a really good program in 00:25:34.915 --> 00:25:40.126 - the space they got, give them twice the space, and they're going to have 00:25:40.674 --> 00:25:50.271 - a lot more space to do what they're doing. You know what I mean? I just, sure. It just seems like putting 00:25:50.271 --> 00:25:59.688 - a lot into it. Sure. One thing that I think we've always been very good at is basing our plans and what 00:25:59.688 --> 00:26:06.750 - we do with our facilities on needs and we definitely reached out to, and I've 00:26:07.074 --> 00:26:14.959 - Sometimes in the past we've been criticized for not having enough conversations with the people who 00:26:14.959 --> 00:26:23.080 - use those facilities. And so we've had those conversations, a number of them with both high school and 00:26:23.080 --> 00:26:31.122 - junior high performing arts folks. And basically this is what they say that they need. So that's kind 00:26:31.122 --> 00:26:35.774 - of where this is coming from. No one has gone in and said, 00:26:35.874 --> 00:26:42.797 - Okay, here's what you need, but we're gonna make it even bigger than you want. I get that, but I get 00:26:42.797 --> 00:26:49.995 - what they want. But I'm also trying to think of what can we share a word with all of our others. I mean, 00:26:49.995 --> 00:26:57.055 - I like the plans because it really captures both. It gives us some additional classroom space and also 00:26:57.055 --> 00:27:01.374 - to really take care of performing arts that we really haven't. 00:27:02.018 --> 00:27:12.576 - since we remodeled the auditorium, really haven't addressed that too much. But just something, I'm just 00:27:12.576 --> 00:27:23.032 - giving some thought back. Yes. Those two labs, those two lab spaces are actually classrooms during the 00:27:23.032 --> 00:27:31.966 - day too. Those could be during the day, the biomedical training will be during the day. 00:27:32.354 --> 00:27:39.014 - If we're doing this, we get the half a million dollar grant, right? No, we're doing this to provide. 00:27:39.014 --> 00:27:45.938 - That's part of it. We have a requirement to do that. To spend two million as far as getting. Yeah, which 00:27:45.938 --> 00:27:52.532 - we did by doing this. Right. But those spaces could be used otherwise in the future if that program 00:27:52.532 --> 00:27:59.126 - dissipated. It's still a good use of spaces. Yeah, but I mean, I don't really like that approach to 00:27:59.126 --> 00:28:01.566 - it because. I know, I'm just taking, 00:28:02.306 --> 00:28:12.058 - down the road, 20 years from now, who knows what the pathways will be. It's still a useful space either 00:28:12.058 --> 00:28:21.904 - way. I don't know how, I mean, what I'm envisioning, I don't know how useful those would be as classroom 00:28:21.904 --> 00:28:29.406 - space is still gonna be as they're set up with the lab though. One of the labs, 00:28:29.570 --> 00:28:40.495 - That's where I was encouraged when we visited Boston Scientific and we visited Cook Medical is basically 00:28:40.495 --> 00:28:51.211 - they were shells. They were just a large room that looked like a classroom. Now on the second training 00:28:51.211 --> 00:28:58.078 - lab, we're going to try to put some mock hospital rooms in there. 00:28:58.498 --> 00:29:05.821 - but all the equipment stuff should be movable. Yeah, be a bed, just anything that's attached to the 00:29:05.821 --> 00:29:13.217 - wall. Yeah, but you can work around that. Right. And I know this is way out of the road to you, that 00:29:13.217 --> 00:29:20.613 - we might be able to pull, for funding, pull kids from the air, Hoosier Hills, to use that lab during 00:29:20.613 --> 00:29:22.078 - the day when we get 00:29:23.074 --> 00:29:35.176 - Yeah, we wouldn't pull them from Hoosier Hills, but we are actually, in our conversation with Boston 00:29:35.176 --> 00:29:47.637 - Scientific, to the point where we're going to include a Spencer Owens superintendent. So... Right. With 00:29:47.637 --> 00:29:52.670 - options, you're getting eight classrooms. 00:29:54.338 --> 00:30:04.378 - like for 3.75 billion dollars a classroom. I mean, that's, you're only getting eight classrooms for 00:30:04.378 --> 00:30:14.016 - 30 million dollars. That's, I don't know. I mean, and I'm a performing arts person. I get that, 00:30:14.016 --> 00:30:23.454 - but it's, I just, I'm just having trouble with the cost of these things to think that we can, 00:30:25.122 --> 00:30:38.120 - afford to go that far. Okay, you want to keep going? Yeah, keep going. We're just learning, we're digesting. 00:30:38.120 --> 00:30:50.521 - We're just having a conversation, yeah. The next page is some costs that we really kind of work jointly 00:30:50.521 --> 00:30:53.502 - with the school district 00:30:54.658 --> 00:31:02.517 - in terms of roof replacement and pavement. And we've got a lot of roofs in the district and this lists 00:31:02.517 --> 00:31:10.223 - different components of the high school, the junior high, intermediate, primary school. We broke out 00:31:10.223 --> 00:31:18.615 - the membrane roof from the metal roofs at the intermediate and primary school. So that $10 million represents 00:31:18.615 --> 00:31:22.430 - pretty much all the membrane roof on this campus. 00:31:23.490 --> 00:31:30.470 - I don't know if you call this campus or not, but those four buildings. Then we've got another number 00:31:30.470 --> 00:31:37.588 - down here. This came from, I think, one of the local contractors to do a roof over top of the standing 00:31:37.588 --> 00:31:44.636 - scene. Martin and I think that's a healthy number. So there might be some work we can do on that one, 00:31:44.636 --> 00:31:48.990 - but just didn't want to, we haven't done any analysis on that. 00:31:49.186 --> 00:31:57.149 - I might just claim that that's somebody else's number. Is the standing scene groups failing? That's 00:31:57.149 --> 00:32:05.350 - why Arnold's here. Huh? That's why Arnold's here. I talked to him. I talked to him. The standing scene 00:32:05.350 --> 00:32:13.393 - groups, are they an issue at EIS and ETS? They're not as bad as the flat you were talking about. You 00:32:13.393 --> 00:32:17.374 - want to get another 20-year done and get it done. 00:32:19.330 --> 00:32:26.112 - There will last another 20, and that's going to be the way out right now. And I think. With this money, 00:32:26.112 --> 00:32:32.698 - you're looking for 20-year plans. And Arnold, you and I had the conversation, too. We feel like that 00:32:32.698 --> 00:32:39.545 - number, particularly this standing seam, has probably got it from a contractor, but we think it's pretty 00:32:39.545 --> 00:32:46.197 - high on that. We did. And I believe there's probably other avenues to address that situation as well, 00:32:46.197 --> 00:32:48.414 - as opposed to what you just said. 00:32:49.314 --> 00:32:58.113 - I hesitate because it's not my number, right? So it could be high, it could be low. So I'm just saying 00:32:58.113 --> 00:33:06.143 - there might be some other options that we could explore to look at that. And I think, Victor, 00:33:06.143 --> 00:33:15.710 - we at Skillman, we've got the breakdown of what the contractor's intending to do. So I think we could probably, 00:33:16.418 --> 00:33:22.531 - Put a pencil to it. Am I correct? That's not a replacement of the metal, one for one metal. It's actually 00:33:22.531 --> 00:33:28.471 - an overlay with a membrane on top of the metal. Is that correct? Yeah. Which we've done several times. 00:33:28.471 --> 00:33:34.296 - Normally, that's less expensive than the original metal. So that's why we think it's a little heavy. 00:33:34.296 --> 00:33:40.062 - My immediate reaction to those numbers. You understand that? You're never upset when the numbers go 00:33:40.062 --> 00:33:45.022 - down. You're just upset when the numbers go up. I wonder how that would look to them. 00:33:45.570 --> 00:33:53.220 - Actually, it's surprising, you probably wouldn't know, because they weld on a kind of a rubber seam 00:33:53.220 --> 00:34:01.481 - to make it look like the original metal. So it's a nice roof system, but it will replicate that appearance. 00:34:01.481 --> 00:34:09.437 - The projects in Carvel that we did over the last 10 years, it's really a pretty good solution. So yeah, 00:34:09.437 --> 00:34:13.950 - and as Jerry said, we kind of were bringing these together 00:34:14.498 --> 00:34:21.780 - even today, so I think we could take a look at that, particularly the standing scene numbers, 00:34:21.780 --> 00:34:29.605 - a little harder. So just for the board's information, then the paving repairs, I think another thing 00:34:29.605 --> 00:34:37.662 - that Arnold put some work into, so I got a lot of asphalt around the district. We captured this by line 00:34:37.662 --> 00:34:43.550 - item in $1.4 million, so you can do a lot of asphalt work for $1.4 million. 00:34:44.066 --> 00:34:57.827 - Parking lots all over. So that's that page, just for the board's information. The next page is some 00:34:57.827 --> 00:35:11.588 - specific mechanical projects. The temperature control system at the high school is, I believe, kind 00:35:11.588 --> 00:35:13.790 - of end of life. 00:35:14.530 --> 00:35:21.803 - Pretty critical infrastructure for the building. The engineer's estimate, this is some work that CEC 00:35:21.803 --> 00:35:29.148 - did for the district, is a million dollars. That's, as you can imagine, that's rounded to the nearest 00:35:29.148 --> 00:35:36.637 - 10,000, I would guess. But that doesn't surprise me for a comprehensive replacement. That wouldn't just 00:35:36.637 --> 00:35:41.246 - be the electronics, that would be new valves and the full redo. 00:35:42.210 --> 00:35:49.749 - The next item is the boilers. We've got four boilers there. That'd be replacement of the boilers, controls, 00:35:49.749 --> 00:35:57.219 - and the pumps. And then at the junior high, similar, you have three boilers. And those are high efficiency 00:35:57.219 --> 00:36:04.409 - boilers, controls, and replacement of the pumps. So that will all work. We put a general number of 20% 00:36:04.409 --> 00:36:10.622 - on these last two pages. It's possible that we could do that for less than 20% saw cost. 00:36:11.298 --> 00:36:19.016 - rather start out there and work our way down. Inevitably, we run into something that we have to do that 00:36:19.016 --> 00:36:26.511 - has nothing to do with boilers in order to do boilers. So I'd like to start out with a number that's 00:36:26.511 --> 00:36:34.080 - conservative and then work our way down from there. So that adds up to 2.4. And then the last page is 00:36:34.080 --> 00:36:39.646 - just simply a series of totals for your information. Again, it's basically 00:36:39.746 --> 00:36:53.660 - range of 50 to 53 and a half million. Okay, let's move to this document here. So obviously it's the 00:36:53.660 --> 00:37:07.575 - common problem that we always have is more projects than we have money. So my intent here with this 00:37:07.575 --> 00:37:09.662 - recommendation 00:37:09.762 --> 00:37:19.746 - package is basically to give you an idea of where we are on some of our current geo bonds and older 00:37:19.746 --> 00:37:30.130 - construction bonds and also to be able to take some of the needs that we have and find a home for them, 00:37:30.130 --> 00:37:37.918 - places where we could potentially use some of our funds that we have existing 00:37:38.434 --> 00:37:49.669 - the funds that we're getting ready to bond to meet as many needs as possible in the school corporation. 00:37:49.669 --> 00:38:01.012 - And so we have two geo bonds that are open right now, geo bonds from 2022 and 24. The 22 bonds currently 00:38:01.012 --> 00:38:07.710 - has a little over 3.6 million left in it. And the list of the 00:38:07.842 --> 00:38:18.388 - the projects that when Matt was here, Matt kept a list of the potential projects that we could take 00:38:18.388 --> 00:38:28.934 - from this geobond. I adjusted that list and I adjusted the amounts from that. Some of the important 00:38:28.934 --> 00:38:35.262 - items on here, we are looking at the high school bleachers. 00:38:35.650 --> 00:38:47.361 - I know that's a really high amount. It more than likely would not go that high, but our bleachers at 00:38:47.361 --> 00:38:59.073 - the high score are old and they're not ADA compliant. What's that? Right. Right. We already approved 00:38:59.073 --> 00:39:05.566 - the two school buses on there. That money's encumbered. 00:39:05.890 --> 00:39:18.986 - They've already been ordered. You see classroom furniture on there. That's taking care of funding the 00:39:18.986 --> 00:39:32.725 - furniture for some of the projects that we've been working on now in addition to some additional classroom 00:39:32.725 --> 00:39:35.678 - furniture. That's what 00:39:35.778 --> 00:39:46.892 - That's for the geo bonds for 2024 are mainly technology related for replacing student devices, replacing 00:39:46.892 --> 00:39:57.795 - staff computers and laptops and other items related to technology. Some of that's already covered. Out 00:39:57.795 --> 00:40:03.934 - of that, the entity covered, the mouse not on there then? 00:40:04.674 --> 00:40:10.415 - It's being spent currently. So this has already been accounted for? This is what Matt and I came up 00:40:10.415 --> 00:40:16.270 - with as the amount that we've received as a bond. And all the new computers came out of that 1.3? No. 00:40:16.270 --> 00:40:22.126 - Well, they will. We've only spent $400,000 so far. This is a budget. I understand. How much of that's 00:40:22.126 --> 00:40:27.867 - already been in cover is my question. We've already ordered it. Probably right now, student devices 00:40:27.867 --> 00:40:34.526 - is probably about $400,000 maybe. OK. And the whole amount of the two buses is already, the full amount's in cover. 00:40:35.010 --> 00:40:46.460 - Yes. The construction bonds, we have one sold as 2010 with $206,2773 in change. The bleachers at the 00:40:46.460 --> 00:40:57.797 - junior high definitely need replaced. We need to find someplace to replace those bleachers. We need 00:40:57.797 --> 00:41:03.806 - to find the funds. Right now, they're currently out. 00:41:03.938 --> 00:41:13.560 - They cannot be pushed back. They're out until we replace them. So they're just beyond life on that. 00:41:13.560 --> 00:41:23.278 - That's the bid to replace them or is that just an estimate? No, that's a quote. I thought it said 70 00:41:23.278 --> 00:41:30.494 - cents that it was worth it. That's an actual quote from the company. Okay. 00:41:30.658 --> 00:41:39.575 - Is that always just on one side of it? Right. Right. There's no nothing. There's no upstairs. And for 00:41:39.575 --> 00:41:48.492 - gym class, they need those push back. That would be helpful. I think we ought to start spending that. 00:41:48.492 --> 00:41:54.174 - Well, we're ready to go, but we really need to wait until April. 00:41:54.946 --> 00:42:02.471 - because we get a better deal. April is apparently the ideal month that they don't have a lot of business. 00:42:02.471 --> 00:42:09.782 - Everybody wants to do it during the summer, so if we do it during April, we'll save a lot of money for 00:42:09.782 --> 00:42:16.881 - doing that. That's where the blades yourselves at. So is this the April price? What's that? Is this 00:42:16.881 --> 00:42:21.566 - an April price, or is it gonna be lower? This is the April price. 00:42:22.530 --> 00:42:32.823 - 2019 bonds. What's the September price? Do we know how much more though, seriously? Well, I didn't get 00:42:32.823 --> 00:42:43.216 - to quote on September. We got the best, we got a pretty good deal, I understand. And the cheapest month 00:42:43.216 --> 00:42:52.510 - is to do it as in April. I don't know how much more. It would be nice to know the difference 00:42:52.962 --> 00:42:59.671 - because we've earned that much an interest. Right, yeah, we could do that. I mean, I'm just thinking 00:42:59.671 --> 00:43:06.446 - outside. There's a $10,000 difference, one thing, and it's $100,000 difference. We just have a lot of 00:43:06.446 --> 00:43:13.288 - needs, so. I understand, I understand. 2019, that's pretty much, we have a mediation, we have an issue 00:43:13.288 --> 00:43:20.396 - with the contractor over concrete redo and the dining area behind the junior high, and we have a mediation 00:43:20.396 --> 00:43:22.654 - coming up here in a couple weeks. 00:43:22.882 --> 00:43:31.536 - So that money's just on hold until we see what comes out of that deal. That back wall at the junior 00:43:31.536 --> 00:43:40.536 - high that we voted to do behind the bleachers, is it there? The back wall. There was like an extra area 00:43:40.536 --> 00:43:48.670 - that they John or they wanted for an in-school suspension? Yes. Is that completed? Yes. Okay. 00:43:50.978 --> 00:44:00.398 - 2020 bonds are a little over 63,000 left in that. The only thing left to come out of that would be coming 00:44:00.398 --> 00:44:09.462 - up with some graphics to put in here and not in the hallway. It would not come up to 63,000, so don't 00:44:09.462 --> 00:44:18.882 - get worried about that. That was a really big picture. Yeah, right. It's just that we don't have anything 00:44:18.882 --> 00:44:20.926 - else planned for that. 00:44:22.114 --> 00:44:30.666 - that right now, other than the graphics for the boardroom and in the hallway. If we had to throw a little 00:44:30.666 --> 00:44:39.138 - bit of that towards the EJHS bleachers, that would be the end of the world. The 2023 construction bonds, 00:44:39.138 --> 00:44:47.367 - that's what we're working out of right now. And that's two and a half million left. And I don't know, 00:44:47.367 --> 00:44:51.966 - Martin, if you want to say where we are with the current 00:44:53.858 --> 00:45:08.701 - and what's coming out of there yet to come, or? No. I guess I'm not. The activity center slash field 00:45:08.701 --> 00:45:23.838 - house. So this is the bomb project for the EEC and the field. You're right, so. We're nearing probably 00:45:24.898 --> 00:45:33.244 - mid-October. So we've got 2.5 million current balance. When is that going to get us to the end? We have 00:45:33.244 --> 00:45:41.590 - allowances in there. You'll probably get money back. So we should have some left over, hopefully. Yeah. 00:45:41.590 --> 00:45:49.776 - Cafeteria in good shape? Cafeteria is, what we'll do is a cafeteria, throw me there for a second. The 00:45:49.776 --> 00:45:54.270 - kitchen equipment's coming in the next couple of weeks. 00:45:54.402 --> 00:46:03.733 - what we will, Dirk wanted for the Hill 800, we won't be quite ready for the Hill 800, although it'll 00:46:03.733 --> 00:46:13.249 - be done and ready to move into. Then when we turn over the existing kitchen, we will take over the old 00:46:13.249 --> 00:46:22.580 - kitchen and do demo. So that's when the rest of the cafeteria part will be completed. So that, we'll 00:46:22.580 --> 00:46:23.966 - turn over the, 00:46:24.162 --> 00:46:34.229 - The new kitchen, you move into it and then probably in November we'll finish it out and then you get 00:46:34.229 --> 00:46:44.595 - the rest of the cafeteria area will be done at that time. The month would be? In November. In November, 00:46:44.595 --> 00:46:53.566 - okay. Yeah, we're really hoping to be done, done and punched out first of December. Okay. 00:46:53.858 --> 00:47:00.648 - Jerry, remind me about the safe walkway between the junior high and high school. That's on the list 00:47:00.648 --> 00:47:07.981 - of things to do. That's not part of this. That's not part of the 2024? No. So I haven't seen that anywhere, 00:47:07.981 --> 00:47:14.771 - or have I missed it? Well, it's baked into. Oh, I see the pathway. Yeah, I see it. Yeah. I mean, we 00:47:14.771 --> 00:47:21.086 - did an estimate. I think Jerry pulled it out and put it on the line item. The 282. Yeah. OK. 00:47:21.858 --> 00:47:28.587 - But that will have nothing to do with that between the softball fields and behind the football field. 00:47:28.587 --> 00:47:35.183 - We're not doing anything back here. Not as part of this. It's going to be along, no, the pathway is 00:47:35.183 --> 00:47:41.846 - going to be along the football field baseball deck. And it makes sense. Logistically, it makes sense 00:47:41.846 --> 00:47:45.342 - there. Mask it. In terms of? It looks like it to me. 00:47:46.946 --> 00:47:53.802 - Yeah, I don't think you want. We won't have people parking anymore. You don't want students walking 00:47:53.802 --> 00:48:00.864 - through the football complex. But I just, we don't want, we want to make sure kids are on the pathway, 00:48:00.864 --> 00:48:07.857 - not out there in the road. Right. We included a fence with the sidewalk. Right. So there'll be fences 00:48:07.857 --> 00:48:14.988 - on both sides of the sidewalk? Yes. Correct. Well met and everything else. So you'll get lights in your 00:48:14.988 --> 00:48:16.702 - backyard with the truck. 00:48:19.682 --> 00:48:31.337 - So for the projects that we're bonding now for that we've advertised, the last two pages kind of give 00:48:31.337 --> 00:48:42.764 - you an indication of what I'm suggesting we take out of this next round of bonds. And the last page 00:48:42.764 --> 00:48:46.078 - kind of gives you an idea of 00:48:47.138 --> 00:48:58.721 - of all the items that we advertised where we would be taking the funds out of to do those projects. 00:48:58.721 --> 00:49:11.115 - So going over the page on page three, I recommended we do option two. And you'll notice that the projected 00:49:11.115 --> 00:49:17.022 - cost that I put in there is 500,000 less than what 00:49:17.154 --> 00:49:24.629 - as Skillman suggested, but that's accounting for the 500,000 we're gonna get from the Ready 2.0 funds. 00:49:24.629 --> 00:49:31.886 - Yeah, for sure. That money's sitting somewhere. We will be getting that, yes. We don't have it yet. 00:49:31.886 --> 00:49:39.579 - And it doesn't have to be shown, it has to be used for certain things? It has to be for brick and mortar. 00:49:39.579 --> 00:49:45.022 - Brick and mortar, okay, perfect. And it has to be spent by December, 2028. 00:49:50.786 --> 00:50:01.245 - And then I added the softball and baseball turf in there. Now, you know, people are always asking. And 00:50:01.245 --> 00:50:12.313 - so the athletic director would like us all to also to do soccer and suggested that other school corporations 00:50:12.313 --> 00:50:20.030 - that did baseball and softball also did soccer and then got a better price. 00:50:20.194 --> 00:50:28.856 - I don't think we're ready to do that. So I just kept it at baseball and softball turf, plus the renovations 00:50:28.856 --> 00:50:36.877 - to the softball field. So that figure is exactly what Skillman is recommending. And then I included 00:50:36.877 --> 00:50:45.219 - the high school roof in that. I included the asphalt. Now I didn't include the price for Edgewood Drive 00:50:45.219 --> 00:50:49.470 - in there. Like I said, I was trying to look for ways 00:50:49.858 --> 00:51:00.919 - not spend as much money, so I just wanted to make a note of that. The pathway between the junior high 00:51:00.919 --> 00:51:11.872 - and high schools included in here. We went up and took a look at the tennis court area, and our hope 00:51:11.872 --> 00:51:18.270 - was to totally replace everything, repave it, new fencing, 00:51:18.882 --> 00:51:30.778 - new lighting, sidewalks around, concrete around the perimeter. So there would be a place for people 00:51:30.778 --> 00:51:42.793 - to sit and watch the tennis matches. We really, we haven't really been able to have somebody give us 00:51:42.793 --> 00:51:45.886 - a specific quote on that. 00:51:46.050 --> 00:51:58.432 - We didn't have time to do all that. We did get some numbers from MCC who is in the process of replacing 00:51:58.432 --> 00:52:10.576 - their tennis courts and they estimated 200,000 per court and that didn't include fencing and lighting 00:52:10.576 --> 00:52:15.934 - and all that. So this is just repairing the, 00:52:16.162 --> 00:52:39.389 - cracks. Right, so this would buy us a few more years. Yes. I put I put 800,000 nothing here is written 00:52:39.389 --> 00:52:44.350 - in stone, by the way. 00:52:44.994 --> 00:52:54.871 - This is just for something for us to start talking about. But I put $800,000 in there mainly to take 00:52:54.871 --> 00:53:05.432 - care of the boilers that we need to replace. We probably need some additional funds for that. The controls, 00:53:05.432 --> 00:53:14.526 - I was hoping, and I talked to the guy that we talked to about Gabe. What's Gabe's last name? 00:53:14.754 --> 00:53:30.527 - What's that? Yeah. And I asked him if we could possibly push out the controls to 2027 and he thought 00:53:30.527 --> 00:53:43.646 - we could piecemeal it to get there. Now, I am not an expert in any way on HVAC, but 00:53:44.098 --> 00:53:53.560 - my own personal opinion, it just feels like an endless pit. Because I'll be honest with you, as I took 00:53:53.560 --> 00:54:03.021 - over some of these things for Matt and I watched Matt last year and watched Arnold, I've just seen him 00:54:03.021 --> 00:54:07.614 - running around here like their heads are cut off. 00:54:07.714 --> 00:54:16.023 - even after we spent a lot of money. And so starting the school year, we had some issues at the high 00:54:16.023 --> 00:54:24.499 - school. We had some issues at the elementary school. And so we had a meeting with Johnson Control and 00:54:24.499 --> 00:54:32.974 - Gabe. And I wanted to learn from that conversation, you know, why is that? And I did discover that it 00:54:32.974 --> 00:54:35.550 - was my assumption when we were 00:54:35.714 --> 00:54:44.609 - spending this money on HVAC that we were replacing the whole systems and we were not. We were just replacing 00:54:44.609 --> 00:54:53.015 - pieces that were broken. And that's been a philosophy of the school corporation for a number of years. 00:54:53.015 --> 00:55:01.665 - So where we are right now is that we have brand new equipment that's trying to talk with equipment that's 00:55:01.665 --> 00:55:03.134 - 20, 25 years old. 00:55:03.298 --> 00:55:13.783 - And that's why we constantly are having issues because we need to have folks like Johnson Control come 00:55:13.783 --> 00:55:24.166 - in and try to get these different versions working and talking together again. I really think we need 00:55:24.166 --> 00:55:33.022 - to develop a long-term plan with HVAC that's going to be very expensive down the road. 00:55:33.154 --> 00:55:42.015 - We don't have that right now. We're trying to put that plan together. But down the road, I just think 00:55:42.015 --> 00:55:50.790 - that if we just keep piecemealing things, we're going to continue to have problems. So I kind of put 00:55:50.790 --> 00:55:58.782 - some money in here to take care of the most immediate needs and put HVAC on there for 2027. 00:55:58.914 --> 00:56:05.801 - So by then we'll have a more established plan of where we need to go with HVAC. In my ears on the board, 00:56:05.801 --> 00:56:12.490 - it seems like we replace borrowers almost every other year. It's a borrower going somewhere. The Boys 00:56:12.490 --> 00:56:18.787 - and Girls Club, we accounted for a lot of money out there. Is it completed yet? It's completed, 00:56:18.787 --> 00:56:25.214 - but we... I mean, we spent a ton of money. Yeah, it's completed, but there continue to be issues. 00:56:27.074 --> 00:56:37.805 - Is it because of the supplier or the installer? The word I got really today was that really they used 00:56:37.805 --> 00:56:48.537 - a more cheaper version of what they should have done. And so we're going to be taking a look at using 00:56:48.537 --> 00:56:56.638 - our warranty to get what they put in replaced. We haven't had it a year yet. 00:56:57.186 --> 00:57:19.079 - Right. Arnold, do you have anything to add to that? They just continue to fail. But it didn't even get 00:57:19.079 --> 00:57:24.606 - done. Oh yeah, it's done. 00:57:25.026 --> 00:57:33.251 - Cause I saw him out there all summer working at different, where the contractors were. I mean, anybody 00:57:33.251 --> 00:57:41.795 - here that has more knowledge about HVAC than I do, but it is very complicated area. So for me, the novice, 00:57:41.795 --> 00:57:50.340 - we spent a lot of money, why is it just working? But it sounds like that today's equipment is what there's 00:57:50.340 --> 00:57:53.534 - a lot more technology involved. And so, 00:57:53.730 --> 00:58:04.259 - It's very sensitive, I guess. Globally, we have seen more and more poor quality manufactured products 00:58:04.259 --> 00:58:14.995 - show up, missing parts, errors in the construction. Just right from the factory installed with problems 00:58:14.995 --> 00:58:21.086 - that have to be then repaired on warranty. That has become 00:58:21.186 --> 00:58:28.939 - more common than it should be. A lot of assembly issues. The second piece is that as they've been trying 00:58:28.939 --> 00:58:36.841 - to drive efficiency for energy efficiency, they're getting more and more sensitive, more and more computer 00:58:36.841 --> 00:58:44.299 - based, more and more, just everything has to work perfectly in order for it to work at all kind of a 00:58:44.299 --> 00:58:50.206 - situation. And as they've driven this higher technology for higher performance, 00:58:50.530 --> 00:58:57.662 - the life cycle's gotten shorter. I mean, this phone's two years old. I mean, it's the same kind of situation 00:58:57.662 --> 00:59:04.271 - where the technology has a shorter life cycle. So mechanical equipment, it used to have a big boiler 00:59:04.271 --> 00:59:10.879 - that lasts for 40, 50 years, made out of cast iron, had a burner and it hooked it up to the gas. Now 00:59:10.879 --> 00:59:17.423 - it's very high performance, high and made out of very thin sheet metal. And then I guess the fourth 00:59:17.423 --> 00:59:19.582 - component is we have a shrinking 00:59:21.058 --> 00:59:28.404 - workforce of the technology and the quality that understands how to install and maintain and repair 00:59:28.404 --> 00:59:35.751 - these systems. So we have a lot of things working against us. And so you're not alone if that makes 00:59:35.751 --> 00:59:43.685 - you feel any better in terms of the kind of experiences that we're having across the board in the industry. 00:59:43.685 --> 00:59:49.342 - Not to mention, I'm sure you have existing buildings that are a little over. 00:59:52.226 --> 01:00:02.991 - I don't mean to be Debbie Downer, just the reality. You're not gonna invite me back, are you? 01:00:02.991 --> 01:00:14.444 - Thanks a lot. Okay, so moving forward for the junior high, this would be exactly as Misha described 01:00:14.444 --> 01:00:18.910 - the project for 6.6 million. The roof, 01:00:19.138 --> 01:00:28.999 - for the junior high and also asphalt around the junior high and the parking lots. And then EPS and EIS 01:00:28.999 --> 01:00:39.052 - includes a roofing for that and also asphalt. Now we were out there today looking at a possible solution 01:00:39.052 --> 01:00:44.126 - of what we could do with the traffic on Reeves Road. 01:00:44.386 --> 01:00:55.058 - in terms of getting some of that traffic off of Rees Road and he was an engineer, right? Civil engineer. 01:00:55.058 --> 01:01:05.222 - Civil engineer that he's gonna look at two or three different options of what we could do to try to 01:01:05.222 --> 01:01:13.150 - address that need. So we may need to look for, if we wanna take care of that, 01:01:13.666 --> 01:01:22.117 - Sooner we'll need to find some funds. If not, we'll put that off to later bonding time. And then on 01:01:22.117 --> 01:01:30.907 - page four at the bottom are just some projects that have been mentioned through all these conversations 01:01:30.907 --> 01:01:39.358 - to get to the point we are today. These are just some additional projects that have been mentioned. 01:01:39.458 --> 01:01:49.840 - to me that I just want to put them on the list as future projects, which would be HVAC work. We really 01:01:49.840 --> 01:02:00.121 - wanted to get a new technology office and storage room, but I just don't see how we can do that right 01:02:00.121 --> 01:02:08.286 - now. Oh, this renovating old band and choir rooms to gain additional classrooms. 01:02:08.418 --> 01:02:17.398 - I should have taken that off. On the last page at the bottom. So you don't have that. Let me. That's 01:02:17.398 --> 01:02:26.734 - not part of no, no, this is just this is just be down the road so that the band current band choir would 01:02:26.734 --> 01:02:33.758 - mean as they are. They can manipulate them to use them as they need to school. 01:02:34.498 --> 01:02:44.388 - Yeah, let me let me explain it first. So one of the things I was trying to do to save money looking 01:02:44.388 --> 01:02:54.376 - at the junior high was to just do the expansion, the band and choir room expansion and leave the old 01:02:54.376 --> 01:03:03.870 - band and choir area as is. And I was talking to Kent Rensselaer about can we move some programs 01:03:04.546 --> 01:03:15.850 - into those spaces without renovating them. And his response was it really wouldn't gain us maybe one 01:03:15.850 --> 01:03:27.713 - classroom. And plus he's talking about some additional and he's trying to think ahead in terms of there's 01:03:27.713 --> 01:03:31.294 - a large journeys classroom that 01:03:31.490 --> 01:03:40.739 - that they may eventually inherit those kids and have to have a space available to them. So my original 01:03:40.739 --> 01:03:49.719 - idea to try to reduce that figure that we had for the junior high, according to the principal, that 01:03:49.719 --> 01:03:52.862 - wouldn't work. So I went ahead and 01:03:52.994 --> 01:04:01.246 - and put the full amount in there. And then I forgot and I put that here on the list of future projects. 01:04:01.246 --> 01:04:08.626 - So that really could be crossed out there. That's not part of the 2025. Right, right. Tennis 01:04:08.626 --> 01:04:16.878 - court replacement. Like I said, when we met with the principal, high school principal and a high school 01:04:16.878 --> 01:04:22.750 - athletic director, they also talked about needs down at the soccer field. 01:04:22.882 --> 01:04:32.286 - in terms of turf and also having concession and storage area down there. Parking around campus, mowing 01:04:32.286 --> 01:04:41.416 - equipment and just additional items. That's just a very fluid list. We really don't need to spend a 01:04:41.416 --> 01:04:51.550 - lot of time on. So if you look at that table on page four, I put in red those projects that we advertised that 01:04:51.842 --> 01:05:00.701 - We don't have to do this all once, and I'm not nearly closely suggesting we do all this all at once, 01:05:00.701 --> 01:05:09.999 - but we can address all these areas if we so wanted to. And then if the board would say, yeah, that sounds 01:05:09.999 --> 01:05:18.859 - like a good idea, then we'll work with Skillman to kind of map out, okay, what projects does it make 01:05:18.859 --> 01:05:20.350 - sense to connect 01:05:20.962 --> 01:05:31.782 - like we included the field house and the preschool together so that we can save some money on having 01:05:31.782 --> 01:05:42.708 - the construction companies here. And that really would prove to be very beneficial because to get the 01:05:42.708 --> 01:05:47.422 - preschool done, we pulled some people from, 01:05:47.554 --> 01:05:56.017 - We, Martin and his team, pulled some people from the field house to get the preschool done. So it does 01:05:56.017 --> 01:06:04.479 - help us with cost. It helps with being able to adjust how the projects are going. And so I just wanted 01:06:04.479 --> 01:06:13.024 - to show you that we could, if we wanted to, address almost all of the projects that we advertised. Now, 01:06:13.024 --> 01:06:17.214 - this would involve bonding, getting all 40 million 01:06:17.666 --> 01:06:28.964 - upfront, which would be my recommendation because it does give us that money at one time. It enables 01:06:28.964 --> 01:06:40.597 - us to be able to react to maybe some anticipated issues that might come up that we would have all those 01:06:40.597 --> 01:06:46.526 - funds available. Plus, we would be able to gain some 01:06:46.626 --> 01:06:57.476 - money from interest rates and I have oh yeah I have here we've I mean if you wanted to know Debbie gave 01:06:57.476 --> 01:07:08.430 - me some figures today on the different funds that we have in the interest the interest that we've gained 01:07:08.430 --> 01:07:16.254 - from that and so yes I don't have a copy right now but I'll make copies so 01:07:17.026 --> 01:07:23.292 - Matt, do you want to add, have you listened to some things in terms of how this would impact us? I think 01:07:23.292 --> 01:07:29.141 - from my point of view, it's kind of the same that it's been the last few times that we've talked. 01:07:29.141 --> 01:07:35.168 - I mean, we've been looking at this 40 million structured in a way that you can come back in a couple 01:07:35.168 --> 01:07:40.062 - years and potentially borrow more money to address some of these other needs that 01:07:40.258 --> 01:07:48.059 - Dr. Sanders has talked about in the future. I will say, you know, if you borrow the full 40 million 01:07:48.059 --> 01:07:56.250 - now, looking ahead, you know, remaining capacity is somewhere in the 30 to 35 million dollars, depending 01:07:56.250 --> 01:08:04.051 - on where interest rates are. That assumption is that you keep your debt service levy constant. Levy 01:08:04.051 --> 01:08:09.278 - being the number of dollars that you're asking for from taxpayers. 01:08:09.666 --> 01:08:16.525 - I will say that I think that that's probably going to be difficult to maintain in perpetuity in terms 01:08:16.525 --> 01:08:23.317 - of everything costs more in the future. And so keeping a levy constant for 20 years I think might be 01:08:23.317 --> 01:08:30.310 - difficult, but that's kind of how we've run it now. And so as you guys have more conversations and want 01:08:30.310 --> 01:08:36.766 - to look at something perhaps differently or just different scenarios, we can certainly do that. 01:08:36.866 --> 01:08:42.752 - But yeah, I mean the 40 million can be borrowed without increasing the levy and still retain capacity 01:08:42.752 --> 01:08:48.580 - in the future. It's just that you prioritize some of these projects, so you're able to do everything 01:08:48.580 --> 01:08:54.465 - that you want to do under kind of these constraints. How do you define future? How many years? So the 01:08:54.465 --> 01:08:59.774 - way we have it set up right now. Yeah, I don't know if we should look at that again or not. 01:08:59.970 --> 01:09:05.859 - Yeah, the way we have it set up now is that you could come back in 27 and do additional projects. But 01:09:05.859 --> 01:09:11.749 - that is totally fluid and up to you. That's just kind of the way that we've run it. As of now, if you 01:09:11.749 --> 01:09:17.522 - come back and say we need to do more next year, then we can structure it that way. And our tax rate 01:09:17.522 --> 01:09:23.643 - can remain level or drop a bit. We have no control over the tax rate anymore because of what the assessed 01:09:23.643 --> 01:09:29.936 - value is likely to do. So we're talking about the dollars. What we're likely to see over the next five years 01:09:29.936 --> 01:09:37.690 - is if you ask for the same dollars in your debt service fund each and every year, I would expect the 01:09:37.690 --> 01:09:45.827 - tax rate to be higher at the end of that five years. Now it may not be each and every year. Your assessed 01:09:45.827 --> 01:09:53.811 - value went up half a percent, half a percent this year. And so if you keep your debt service levy level 01:09:53.811 --> 01:09:58.494 - from 25 to 26, your tax rate's gonna go from $1.03 to $1.04. 01:09:58.626 --> 01:10:04.993 - It's going to go up because you're taking new money and operations. That's where they give you the growth 01:10:04.993 --> 01:10:11.179 - quotient of four percent. So the total levy is going up, but it has nothing to do with these projects. 01:10:11.179 --> 01:10:17.545 - It's solely from the operations fund. And so if we see an assessed value that doesn't grow or potentially 01:10:17.545 --> 01:10:18.206 - goes down, 01:10:18.402 --> 01:10:23.621 - even if you're asking for the same dollars, that tax rate is gonna go higher. And I think that is gonna 01:10:23.621 --> 01:10:28.690 - be the difficult thing and I'm still having to wrap my head around it. We've had the Senate bill run 01:10:28.690 --> 01:10:33.859 - for five months. We've been talking about tax rate for five or six years and you guys have hit the tax 01:10:33.859 --> 01:10:39.079 - rate each and every year and now the way they're changing the math is you don't really have any control 01:10:39.079 --> 01:10:44.097 - over that. So now we're looking at the dollars that you're asking for and so the assumption is that 01:10:44.097 --> 01:10:45.854 - would be flat line moving forward. 01:10:45.954 --> 01:10:52.643 - At this current time, as we run some of these projections in terms of how much. Taxpayer there says 01:10:52.643 --> 01:10:59.532 - value may drop, but their tax rate, but their total tax dollars would be very comfortable is my point. 01:10:59.532 --> 01:11:06.422 - That's what I'm 100%. I mean, that's kind of, we've worked at the other way before. If you ask for the 01:11:06.422 --> 01:11:07.358 - same dollars. 01:11:07.810 --> 01:11:14.414 - from this year to next year, the assessed value almost doesn't matter. It could go down 50%. Your tax 01:11:14.414 --> 01:11:21.148 - rate is going to go higher to generate the same dollars. Correct. So their tax bill that they get twice 01:11:21.148 --> 01:11:26.910 - a year is going to look very comparable. 100%. The portion of the tax bill that they get 01:11:27.394 --> 01:11:33.441 - the only increase that they may see is because of the operations fund. They will not see an increase 01:11:33.441 --> 01:11:39.428 - at all because of this project, because we're leveling out that debt service leverage, yes. So it's 01:11:39.428 --> 01:11:45.655 - gonna be the interplay between the assessed value and the tax rate. That's gonna be jumping around each 01:11:45.655 --> 01:11:51.821 - and every year, so I think we're gonna see some wonky results, but now we're talking about the dollars 01:11:51.821 --> 01:11:55.294 - asked for. So what we just paid November's gonna be paid? 01:11:55.426 --> 01:12:06.014 - Our goal is going to be common. We're going to work it back. At some point in the future 01:12:06.242 --> 01:12:12.626 - It is my expectation that levies are gonna have to start growing again a little bit. Now, is that the 01:12:12.626 --> 01:12:19.197 - cost of inflation? I don't know. Right, I get that. You're doing this project in 2025, and Victor prices 01:12:19.197 --> 01:12:25.644 - it for this same project in 2035. That's where it's gonna be hard, I think, to hold that levy constant 01:12:25.644 --> 01:12:32.090 - forever. But certainly we can do it through this project and through the near future. And if the taxes 01:12:32.090 --> 01:12:33.342 - change, it's not... 01:12:33.442 --> 01:12:40.811 - it's gonna be because of the school. It's gonna be a thousand Elksfield annex and they're gonna be paying 01:12:40.811 --> 01:12:47.833 - more Elksfield. Or like the fire department, that could affect everybody too. But if we're positive, 01:12:47.833 --> 01:12:54.855 - if we're optimistic and think that the ADA here is going to continue to grow. Even if it doesn't. Or 01:12:54.855 --> 01:13:01.808 - half a percent. Right. If the tax rate goes up a little, like two cents, it's still gonna bounce up 01:13:01.808 --> 01:13:03.198 - to the same dollar. 01:13:03.522 --> 01:13:10.210 - Yes. And it's a good distinction, too. So I want to make this clear. Try to explain that to taxpayers. 01:13:10.210 --> 01:13:17.093 - Of course. The tax liability that the taxpayer pays for the school corporation is going to be comparable. 01:13:17.093 --> 01:13:23.261 - Now, is the total tax bill going to potentially, but your portion that you're responsible for? 01:13:23.261 --> 01:13:25.534 - We can control, correct. Yes. Yes. 01:13:25.634 --> 01:13:32.017 - which is different than we've been doing because of the assessed value growing, we've actually been 01:13:32.017 --> 01:13:38.399 - increasing our levy. Correct. And taking advantage of all that up until this point. So lowering the 01:13:38.399 --> 01:13:44.846 - tax rate, correct? Yeah, because the assessed value went so high, we were able to lower the tax rate 01:13:44.846 --> 01:13:50.526 - and still bring in a lot more money. And by the 2027 potential bond, there'll be another 01:13:50.754 --> 01:14:15.038 - It's sad, but they've been pretty clear that 01:14:15.362 --> 01:14:23.051 - They're going to reopen it next year and that we have heard now. Does that impact K-12? It's too early 01:14:23.051 --> 01:14:30.366 - to say, but we've heard from legislators that they're not thrilled. Yeah, we also need some help. 01:14:30.466 --> 01:14:36.685 - I think what I've heard when they're not happy with what I don't think they think they went far enough. 01:14:36.685 --> 01:14:42.904 - And so I don't I don't anticipate them opening the budget for reprieve. I think if the budget get open, 01:14:42.904 --> 01:14:49.243 - I think there's more downside risk than there is upside risk. Yeah. So I don't mean to get you optimistic 01:14:49.243 --> 01:14:55.403 - because I don't. Thanks for bursting the buzzer. We're me busting, right? Right. Right. Oh, now that's 01:14:55.403 --> 01:14:59.230 - going on. It's already up to Jake and Chappell. They're paying. 01:15:00.194 --> 01:15:07.535 - else will city taxes to pop up. Yeah, so I don't know. Are you sitting with us now? No, no. It's coming 01:15:07.535 --> 01:15:14.806 - in a wheel tax. Yeah, I'm hearing that a lot. They could do what they tried to get him to go the most, 01:15:14.806 --> 01:15:22.147 - but having a couple more members didn't want to do that. But we're we're not rehiring a police officer. 01:15:22.147 --> 01:15:29.630 - I guess that's why I'm so sensitive about what's going on. Yeah, we're not lost police officer. Yeah, so. 01:15:29.954 --> 01:15:41.552 - Jerry, I know I went out of the room for a moment, but what were you saying about the renovation of 01:15:41.552 --> 01:15:53.615 - these classrooms? I was looking for ways to get the biggest bang for our buck. It's not in this is what 01:15:53.615 --> 01:15:57.790 - I'm getting at. It is. Where is it? 01:15:58.882 --> 01:16:07.870 - Where it says $6,600,938? Yeah, that's the performing arts. It doesn't include the $2.2 million to renovate 01:16:07.870 --> 01:16:16.692 - banding choir. Oh, it's your junior high one that you were talking about that you were going to do the... 01:16:16.692 --> 01:16:25.098 - Oh, okay. So right now, if you add that back in, you're over $42 million. Right, okay. I meant to... 01:16:25.098 --> 01:16:28.094 - I thought I put that back in there. 01:16:30.338 --> 01:16:44.374 - Because for the 40 million, you're only getting three classrooms. Yeah, you're right. So I don't know. 01:16:44.374 --> 01:16:58.546 - I just got it. Well, I was hoping that we were going to move further. But I don't think that I can vote 01:16:58.546 --> 01:17:00.318 - for spending 01:17:00.546 --> 01:17:09.326 - that much, $40 million, and not doing much at all for education. Yeah. Educational space. And I know 01:17:09.326 --> 01:17:18.802 - some of these spaces get used for education, too, but I don't mean that. And yes, I mean, we have successful 01:17:18.802 --> 01:17:27.582 - performing arts programs, but they do have them in the space they have. And they do need more space. 01:17:28.546 --> 01:17:36.678 - Well, that's the purpose of this meeting is I'm looking for guidance on whether or not we want to ask 01:17:36.678 --> 01:17:44.730 - for the full 40 million. I want to write. Yeah. So just a quick distinction on that and that there's 01:17:44.730 --> 01:17:53.022 - probably not to the point where he has any sort of draw schedule, but typically we fund these projects. 01:17:53.122 --> 01:17:58.778 - one year at a time, right? And so you could certainly borrow the 40 million. If Victor and Martin tell 01:17:58.778 --> 01:18:03.006 - us, you know, it's going to be a two year spend down, then we're essentially 01:18:03.202 --> 01:18:09.298 - starting to pay interest on 40 million dollars and we're taking us two years to spend and so kind of 01:18:09.298 --> 01:18:15.395 - the way we started to do this just for efficiency purposes and help your capacity is if they tell us 01:18:15.395 --> 01:18:21.793 - you can only spend 20 million dollars next year in terms of these projects then we borrow that 20 million 01:18:21.793 --> 01:18:27.890 - now we fund it through next year come back next year and do the remaining 20 million or whatever you 01:18:27.890 --> 01:18:29.278 - guys decide that it is 01:18:29.442 --> 01:18:35.266 - That way we're not paying interest on the full 40 million from day one. It will increase your debt capacity. 01:18:35.266 --> 01:18:40.663 - But if they tell us, no, we can spend all this money in 14 months or 12 months, and certainly we can 01:18:40.663 --> 01:18:46.114 - go and borrow it all. These projects, I think, tend to take a little bit longer than they did five or 01:18:46.114 --> 01:18:51.564 - six years ago. But I would look to these guys on a spend down. I doubt we're quite there yet, though. 01:18:51.564 --> 01:18:55.518 - I don't know if you have any. The rough rule of thumb is I'd like to have 01:18:58.178 --> 01:19:04.410 - no more than a million dollars a month in new construction, right? So, you know, if you were building 01:19:04.410 --> 01:19:10.703 - a $10 million addition, I would want a year to do that. A $20 million addition, I don't want two years 01:19:10.703 --> 01:19:16.935 - to do it. I mean, that's the rule of thumb we start with. So you have to spend down by two years, 95% 01:19:16.935 --> 01:19:17.790 - of the money? 01:19:18.306 --> 01:19:25.194 - Yeah, point which the bond sale closes is that what yeah I mean that's that's for arbitrage purposes 01:19:25.194 --> 01:19:30.718 - and that's not something I get super concerned about right now yeah I mean that. 01:19:30.882 --> 01:19:36.682 - A lot of times when you say you have two years to spend, people think we literally only have two years 01:19:36.682 --> 01:19:42.481 - to spend. You have as long as you need to spend. That's for arbitrage purposes. What that is is if you 01:19:42.481 --> 01:19:48.562 - earn, say you borrow the $40 million, you put it in the bank, as you spend it down, if you earn an interest 01:19:48.562 --> 01:19:53.630 - rate on that, essentially investment income that is above the interest rate of the bonds, 01:19:53.858 --> 01:19:59.652 - then you would need to give that back to the IRS if you don't spend all of the dollars within two years. 01:19:59.652 --> 01:20:05.225 - I don't typically get super concerned, because we're talking tens of thousands of dollars that maybe 01:20:05.225 --> 01:20:10.742 - you have to give back. You don't have to give back all the interest. You only have to give back the 01:20:10.742 --> 01:20:16.260 - delta between what you could earn and what you did earn. And so I don't want you guys to get caught 01:20:16.260 --> 01:20:21.502 - up on that is like the most important thing ever. That's exactly right. That is exactly right. 01:20:21.634 --> 01:20:28.168 - historically when rates were super low, you weren't ever getting close. Now that rates are a little 01:20:28.168 --> 01:20:34.702 - bit higher, that's a potential. However, we're probably going into a cycle of rates coming down. So 01:20:34.702 --> 01:20:41.367 - if you were to borrow this money today at 4%, you're likely not earning 4% a year from now if the Fed 01:20:41.367 --> 01:20:47.966 - starts cutting the way they're saying they're going to cut. And so I don't see that as being a huge, 01:20:48.066 --> 01:20:54.387 - I guess, consideration in terms of this. But yeah, it's a two-year spend down to meet the arbitrage 01:20:54.387 --> 01:21:00.391 - requirements. So the nice thing I should point out is that that's not cumulative of a million. 01:21:00.391 --> 01:21:06.775 - So for example, if we had a million in addition and then we had a concurrent asphalt of a million or 01:21:06.775 --> 01:21:13.348 - a concurrent roofing of a million, we could work that into it. So I don't necessarily mean if you spent 01:21:13.348 --> 01:21:16.382 - 30 million in construction that it's 30 months. 01:21:16.514 --> 01:21:28.123 - stack those projects just like we stack these together. Those are collected just collectively per year. 01:21:28.123 --> 01:21:32.030 - It was like 60, 70,000 past years. 01:21:32.130 --> 01:21:40.209 - They're not sitting in the same account 130,000. They're all in separate accounts, earning separate 01:21:40.209 --> 01:21:48.531 - interest. You've got to track separately, and then the money's got to go into those specific projects. 01:21:48.531 --> 01:21:52.894 - Correct. That is correct, yes. What's the most it is? 01:21:52.994 --> 01:21:59.118 - You're probably right at 4%. Rates have come down about a quarter of a point in the last three days 01:21:59.118 --> 01:22:05.304 - because we've gotten a bunch of bad economic news, and so now we're thinking the Fed's gonna have to 01:22:05.304 --> 01:22:11.489 - cut and potentially even do a double cut here at the end of this month. I'll believe that when I see 01:22:11.489 --> 01:22:17.797 - it the way they've been doing the last year. But there is momenta. There's a lot of momentum for lower 01:22:17.797 --> 01:22:20.798 - rates, and certainly Powell's, he's gonna be out 01:22:20.962 --> 01:22:28.223 - next spring and so they're starting to replace kind of those spots with some people that want rates 01:22:28.223 --> 01:22:35.630 - to come down. So I think it's coming but we've been saying that for 18 months and so. What's the time 01:22:35.630 --> 01:22:43.037 - frame on wanting to get these issued? So you'll be through the legal process to where you're free and 01:22:43.037 --> 01:22:46.014 - clear to sell. I think it's October 30th 01:22:46.178 --> 01:22:51.886 - 23rd looking at jacob's time so right now we're anticipating the first week of november so we still 01:22:51.886 --> 01:22:57.765 - got some time for you guys to put your heads together figure out exactly how you want to do this we're 01:22:57.765 --> 01:23:03.530 - not under the gun yet by by any means and all that powerful stuff you you your parameter was i think 01:23:03.530 --> 01:23:08.382 - it's six percent wasn't it i think i even had seven percent maybe yeah we want to be 01:23:08.610 --> 01:23:17.393 - Nowhere. Yeah, I had 7% in there. So again, as we sit here today, we might even be under four after 01:23:17.393 --> 01:23:18.974 - today's movement. 01:23:19.714 --> 01:23:26.247 - If the Fed doesn't cut in September or they don't do what the market expects, we might see rates revert 01:23:26.247 --> 01:23:32.718 - back higher. So I don't want to get you too excited with that 4% because a lot of things could change. 01:23:32.718 --> 01:23:39.063 - 100%. And even when I tell you kind of those capacity, I'm running everything at a 5% interest rate. 01:23:39.063 --> 01:23:45.345 - And so if interest rates end up coming down or staying down, then that capacity goes up. So yeah, I 01:23:45.345 --> 01:23:49.680 - don't want you to get stuck on these are the end all be all numbers. 01:23:49.680 --> 01:23:57.868 - because there are just projections based on certain assumptions that might change. So the concern that 01:23:57.868 --> 01:24:06.136 - Dana brought up, would you like us to, yeah, would you like us to go back and take another look at this 01:24:06.136 --> 01:24:14.245 - and make the banding? I don't remember what the classroom needs were at each building, what they were 01:24:14.245 --> 01:24:17.822 - needing and projecting that they would need. 01:24:18.466 --> 01:24:25.745 - So I don't know what the, I don't remember, was that in that facilities? When? The facility study? Yeah. 01:24:25.745 --> 01:24:32.955 - Well, that's been a while back, so. So, yeah, it'd be. Isn't it just really a result of, once you build 01:24:32.955 --> 01:24:40.095 - an addition, what you have is what you have to remodel into other use of space? Yeah. Right, the space 01:24:40.095 --> 01:24:47.582 - is good. The space is interesting. Whatever you have, the space you vacated creates five or six classrooms, 01:24:48.130 --> 01:24:55.071 - The question is how much do you want to spend on the new addition or whether you want to do a new addition? 01:24:55.071 --> 01:25:01.626 - I mean, maybe it's that simple, I don't know. Well, or should some of that addition be classrooms? Is 01:25:01.626 --> 01:25:08.438 - there enough class? For more capacity. Yes. Do we need more classrooms? For more capacity. For performing 01:25:08.438 --> 01:25:14.994 - arts space. Like that, in terms of adding a classroom? Yeah. Okay, because this space is not changing 01:25:14.994 --> 01:25:17.950 - at all. Space is still going to be all right. 01:25:19.106 --> 01:25:27.915 - Yes. If they go down here, I find it hard to believe that six classrooms here can all be made by one 01:25:27.915 --> 01:25:37.160 - person. Well, that would be without remodeling. Like the choir room has concrete bleachers, so you really 01:25:37.160 --> 01:25:46.405 - can't make that a classroom. Okay, I'd just like to see it. The band room is rather large, so it wouldn't 01:25:46.405 --> 01:25:49.022 - be a typical classroom. Yeah. 01:25:49.410 --> 01:25:56.766 - So it would need some adjustments. I thought we were going to do something up here with choir and just 01:25:56.766 --> 01:26:04.051 - make classrooms here originally. Well, but what they were looking at was the, they were talking about 01:26:04.051 --> 01:26:11.478 - this plus this stuff here. The weight room area. Right. And then turn this all down here to classrooms. 01:26:11.478 --> 01:26:17.406 - Well, that was a possibility. That was one of the things. Yeah, one of the issues. 01:26:17.506 --> 01:26:25.745 - was this height of the ceiling, the roof to be able to put. One of the things that I'm not arguing, 01:26:25.745 --> 01:26:34.725 - I'm just raising other points a little bit. One of the things I worry about is putting money into additional 01:26:34.725 --> 01:26:43.540 - band acquirer space. And then as soon as we're done, people saying it's just not big enough. We've already 01:26:43.540 --> 01:26:44.446 - said that. 01:26:44.834 --> 01:26:53.299 - Our band director will say that no matter how much we get in. Well, we always hear that on all of our 01:26:53.299 --> 01:27:01.764 - projects, you're right. And I mean, love him to death, but Dirk is, if we added 15 new classrooms, he 01:27:01.764 --> 01:27:10.395 - would say he needed another classroom. Or another office space. Yeah. Storage. Yeah. But we can go back 01:27:10.395 --> 01:27:14.046 - and take another look at it for sure. Yeah. 01:27:16.162 --> 01:27:25.866 - worked, you said some of the other schools were maybe a little bit bigger in us that had similar facilities. 01:27:25.866 --> 01:27:34.948 - Have you designed these facilities with two thirds of space of what we're asking for? I think we have 01:27:34.948 --> 01:27:43.851 - examples from all ranges and it seems to be driven by the success of the program. Quite frankly, it 01:27:43.851 --> 01:27:44.830 - seems like 01:27:45.602 --> 01:27:53.590 - I mean, even in the same district, I might have one school, a middle school that's super music and they 01:27:53.590 --> 01:28:01.347 - have busting from the seams. And then on the other side of the district, they don't have very strong 01:28:01.347 --> 01:28:09.182 - programs. So it's very, it's very circumstantial to, you know, the success of the program. And people 01:28:09.182 --> 01:28:14.174 - are very, very vocal about the space they need in order to move. 01:28:14.466 --> 01:28:22.810 - to be able to set up and have indoor space. And again, we're being able to have all this success and 01:28:22.810 --> 01:28:31.072 - having lost students that I know of because of it with the facilities we have. So I do think making 01:28:31.072 --> 01:28:39.665 - them better, we need to make them better. I guess one of the things I really need to know how many more 01:28:39.665 --> 01:28:44.126 - classrooms we really do and where do we need them at? 01:28:44.450 --> 01:28:55.931 - You know, do we need more classrooms and EIS and EPS? EPS got those four that they've taken over, so 01:28:55.931 --> 01:29:07.640 - that's really helped. But, you know, I... Well, junior high is a school of the greatest need, I'd say. 01:29:07.640 --> 01:29:12.414 - Right. One thing you might think about is 01:29:12.770 --> 01:29:21.517 - And if you look at it option two biomedical labs converted to classrooms, that's $2.6 million. So that 01:29:21.517 --> 01:29:30.095 - probably not going to move the needle very much. It's X amount of space that you're going to remodel 01:29:30.095 --> 01:29:38.757 - into something. The performing arts edition as proposed is 11.4. That's I think with the mezzanine is 01:29:38.757 --> 01:29:42.494 - closer to 20,000 square feet. But so it is. 01:29:43.298 --> 01:29:53.299 - Easily twice as big as two and a half times. I guess my point is, if you just replicated the square 01:29:53.299 --> 01:30:03.401 - footage you have now, you're probably in five to six million dollars. So if 11.4 is too much and you 01:30:03.401 --> 01:30:12.702 - wouldn't replicate how much square footage you have now, five to six, what's the speed spot? 01:30:12.866 --> 01:30:20.133 - What's your threshold? That's another way to look at it. I don't want to replicate what I have, but 01:30:20.133 --> 01:30:27.472 - maybe this is too much. So it must be somewhere between five and a half and 11 and a half. Is that a 01:30:27.472 --> 01:30:34.885 - fair statement? I mean, just looking at the footprint, the band is real close to the size of the band 01:30:34.885 --> 01:30:35.902 - inquired now. 01:30:36.802 --> 01:30:44.142 - But I think that's what Jerry may have been asking. If I was Misha, I'd be like, okay, well, if that's 01:30:44.142 --> 01:30:51.339 - too big, what is big enough? But that's just the band room. That doesn't count the fact that there's 01:30:51.339 --> 01:30:58.893 - all those other offices and the equipment storage and all that that's not even in that band room anymore. 01:30:58.893 --> 01:31:03.454 - You have 7,200 square feet now. The design's proposing over 18. 01:31:05.698 --> 01:31:13.812 - in the 7,200 includes band, choir, and auxiliary rooms. So if you put it in dollars perspective, if 01:31:13.812 --> 01:31:22.170 - I replicate what I have, I'm somewhere around five to six million. If I more than double and do what's 01:31:22.170 --> 01:31:30.285 - shown, it's 11.4. So I think what I'm hearing you say is you want a solution somewhere between five 01:31:30.285 --> 01:31:32.638 - to six and 11.4. Is that it? 01:31:32.994 --> 01:31:40.352 - Or I think what I picked up is, if we're gonna do this much, why isn't more of it classroom space? 01:31:40.352 --> 01:31:48.157 - Why isn't? Okay, it's maybe 11.4 is the right number, but it needs to have classroom space incorporated. 01:31:48.157 --> 01:31:55.664 - Is that another way to say it? I don't think a hundred burns. The amount of money we're putting into 01:31:55.664 --> 01:32:01.982 - classrooms is minimal with this $40 million, and I have a hard time stomaching that. 01:32:02.786 --> 01:32:11.219 - So, and to me, the place to get more classroom space out of, or to cut costs so that you can use that 01:32:11.219 --> 01:32:19.735 - money somewhere else, would be to lower the amount of performing arts space in the two buildings. Your 01:32:19.735 --> 01:32:28.085 - heartburn isn't the $40 million, it's what it's being spent on. Exactly. The efficiency of what it's 01:32:28.085 --> 01:32:31.806 - spent on. The total student population using 01:32:33.186 --> 01:32:45.763 - Does that sound right? Well, just what is your basic academics as opposed to the arts academics? Science, 01:32:45.763 --> 01:32:57.747 - English, math, all those other things. Well, I understand where you come from, Dana. The one thing I 01:32:57.747 --> 01:33:01.662 - will point out is that it's been 01:33:03.330 --> 01:33:12.596 - In the last four years, we have added quite a bit of classroom space. We haven't done anything for the 01:33:12.596 --> 01:33:22.041 - science labs. And that would be the counterbalance to that. But I don't think that balance is out. That, 01:33:22.041 --> 01:33:31.307 - making them three to four times the size. I don't think that balance is out to me. If that's the case, 01:33:31.307 --> 01:33:32.926 - then we should be 01:33:33.506 --> 01:33:40.689 - putting that money into something else, whether it's more the HVAC or more the roof or more the, 01:33:40.689 --> 01:33:48.167 - you know, there's other needs out there that I just think we're spending too much on performing arts 01:33:48.167 --> 01:33:55.572 - when we have so many other needs. I'm not worried about the 40 million, I'm just worried about what 01:33:55.572 --> 01:34:02.014 - that 40 million is. So if we took a arbitrary percentage, say two thirds of that 18-8, 01:34:03.266 --> 01:34:11.497 - and added that space and whatever that would save us, put that toward the HVAC and some of the other 01:34:11.497 --> 01:34:19.729 - stuff, I think, probably. Even if it's not classrooms. Right, something that makes that 40 million a 01:34:19.729 --> 01:34:27.879 - little less. And I think if we're looking at 27, 28, somewhere in there for maybe even other bonds, 01:34:27.879 --> 01:34:32.606 - things like, okay, well, what if we did for the softball, 01:34:33.122 --> 01:34:45.292 - What if we fixed the field and gave him a concession stand and bathroom and left it at that for now? 01:34:45.292 --> 01:34:57.824 - What if we just, of course I understand if you're turfing the pitching. You don't want to separate that 01:34:57.824 --> 01:34:59.390 - necessarily. 01:35:01.634 --> 01:35:23.831 - I don't know, or maybe you do one film and then three years later you do the other film or something. 01:35:23.831 --> 01:35:31.230 - You take those phone calls? Yeah. 01:35:31.490 --> 01:35:39.845 - Well, I mean, I played on that. I'm having issues with the turfing too, because it's like there's so 01:35:39.845 --> 01:35:48.200 - many other things, like you're saying, classroom HVAC, the roofs, all the things that we have to do, 01:35:48.200 --> 01:35:56.886 - we have to get that done first. Turfing is way low in my opinion on that total. I understand what you're 01:35:56.886 --> 01:36:01.022 - saying, but in terms of in this day and age when, 01:36:01.410 --> 01:36:11.946 - Parents can take their kids anywhere. Their athletes can take their athletes anywhere. We are getting 01:36:11.946 --> 01:36:22.275 - behind on our fields being turfed and we will lose students going to MCC. Martin Zoll has all their 01:36:22.275 --> 01:36:27.646 - fields turfed now. MCC has all their fields turfed. 01:36:27.778 --> 01:36:34.333 - I think Spencer Owens going that way now. And so parents were quite frankly, and I'm not arguing with 01:36:34.333 --> 01:36:40.824 - you, I'm just saying parents will choose to go places where the facilities are better for the sport. 01:36:40.824 --> 01:36:47.637 - I mean, when I played sport, you had a coach that could coach your, it didn't matter what field we played 01:36:47.637 --> 01:36:54.128 - on. Didn't matter if it was, if you had a good coach, you had quality stuff, your students are gonna 01:36:54.128 --> 01:36:57.534 - stay. It's not because you have a turf field or not. 01:36:57.634 --> 01:37:06.282 - I don't know, I have a problem with that being at a higher level. There's more other things, in my opinion, 01:37:06.282 --> 01:37:14.450 - to spend that 2. whatever million on. Just not right now, and then just walking into what we're gonna 01:37:14.450 --> 01:37:22.938 - be walking into in the next few years. Well, I like the turf. I think we need to do it. I think it brings 01:37:22.938 --> 01:37:27.262 - people in, so. Well, the other thing, Jerry's talking 01:37:28.866 --> 01:37:40.135 - wear and tear. Well, yeah, and also tournaments. I mean, I just think it's we're going into a different 01:37:40.135 --> 01:37:51.079 - world. Yeah, a couple of years ago, we had to we were hosting the sectionals and rained a lot. So we 01:37:51.079 --> 01:37:58.014 - had to move the sectionals over to Bloomington North. Yeah. OK. 01:37:58.178 --> 01:38:05.342 - Is everybody at least comfortable with the concept of bonding? The full 40? The full 40, yes. Then we 01:38:05.342 --> 01:38:12.366 - can crank it up if we want to. I think we're already kind of arguing over what ought to be spent in 01:38:12.366 --> 01:38:19.461 - that 40. Yeah, I mean, I don't think we have a choice. I mean, honestly, I think we need to. Yeah. I 01:38:19.461 --> 01:38:26.555 - really do. I just really want to keep it in our 30, honestly. Like the episode in which we would end 01:38:26.555 --> 01:38:28.030 - up. But I like that. 01:38:28.770 --> 01:38:36.171 - if she could send it to us again. Showing how the capacity works out. Well, and as they drop off, then 01:38:36.171 --> 01:38:43.428 - I think I do like the idea, Jerry, of picking up some of those, we need to get some of those cleared 01:38:43.428 --> 01:38:50.613 - out, pick up some projects, wrap these up, some of those old bars, we need to get those down. Well, 01:38:50.613 --> 01:38:57.726 - and the idea of 20 this year and 20 next, that makes some sense too. The stacking may be a little, 01:38:58.146 --> 01:39:05.213 - because if you look at your biggest one, that's like 12 months. But then you also have all the time 01:39:05.213 --> 01:39:12.633 - to design, so does that include the design time or is that just construction time? That was construction 01:39:12.633 --> 01:39:19.911 - when I was talking about. I would encourage you if you're going to do a junior high edition and a high 01:39:19.911 --> 01:39:24.222 - school edition, I would encourage you to put those together. 01:39:24.354 --> 01:39:32.059 - I think what Jerry articulated earlier makes a lot of sense. On the other hand, if you want to pull 01:39:32.059 --> 01:39:40.225 - a trigger on HVAC, roofing, or pavement, I don't see the same kind of concerns. Although we could combine 01:39:40.225 --> 01:39:48.161 - mechanical with the additions, you could also do it independent. But those would be some things if you 01:39:48.161 --> 01:39:53.246 - want to peel off and get going on. Those would be a first choice. 01:39:54.018 --> 01:40:02.085 - hold off on the asphalt until most of the construction. That's a good point. That's a good point, although 01:40:02.085 --> 01:40:09.774 - I think there's, yeah, depends on where we're at in that, right? Yeah. Does that keep us out of that? 01:40:09.774 --> 01:40:17.614 - What's that bracket, 75% or 60%? 70 cents. But by doing a stairs test, would that be still fine on that 01:40:17.614 --> 01:40:22.590 - thing? If we did 20 main twice, the range could go that way, too. 01:40:22.754 --> 01:40:29.675 - Yeah, if you keep your levy level, then the stair stepping is not going to impact that. It's solely 01:40:29.675 --> 01:40:36.803 - going to be based off of your AB drop and how quickly does it drop. What the stair stepping would help 01:40:36.803 --> 01:40:43.239 - do is increase your overall debt capacity. So if you did it all now and then the rest in 27, 01:40:43.239 --> 01:40:50.367 - you're talking, you know, 70 to 75 million. Does that number become 75 to 80 million by splitting this 01:40:50.367 --> 01:40:52.720 - up? That's where if you're saving 01:40:52.720 --> 01:40:59.057 - interest costs, that means you can add more principal in there. The 70 cents is solely going to be a 01:40:59.057 --> 01:41:05.331 - function of your assessed value moving forward if you decide to keep that levy level each and every 01:41:05.331 --> 01:41:11.919 - year. So if your assessed value, let's just say flat lines, then you're not going to get to the 70 cents 01:41:11.919 --> 01:41:15.934 - because you guys are at 65 cents right now. But if you lose 5%, 01:41:16.130 --> 01:41:22.019 - in 27, let's say, you're gonna start creeping towards that 70 cents. So my expectation for you is by 01:41:22.019 --> 01:41:28.084 - the time we get to 31, and I mentioned 31, because that's when all of the Senate Bill 1 is fully phased 01:41:28.084 --> 01:41:33.973 - in, my guess is you will be above 70 cents, but that's a time, I just don't know how it's ultimately 01:41:33.973 --> 01:41:39.804 - gonna impact your assessed value. So many changes. So many changes. So I know it's not helpful, but 01:41:39.804 --> 01:41:42.078 - I don't really have any answers beyond 01:41:42.178 --> 01:41:47.673 - next year, because that's the only data we have. I don't know what the rates are going to be. The bond 01:41:47.673 --> 01:41:53.114 - rates are two years from now. If it dips below four, we lock in the whole thing, and we're not really 01:41:53.114 --> 01:41:58.449 - going to be too concerned about arbitrage anyway. I don't foresee that being an issue for you guys. 01:41:58.449 --> 01:42:03.784 - I don't foresee arbitrage being an issue for you guys, no. I was doing arbitrage, it just means you 01:42:03.784 --> 01:42:05.438 - have excess, so. That's right. 01:42:05.794 --> 01:42:12.221 - Yeah, you still keep what you earn. You just have to get back what you earned in excess. But with the 01:42:12.221 --> 01:42:18.710 - rates likely coming down, we're kind of on the cycle where rates are probably going to come back down. 01:42:18.710 --> 01:42:25.074 - You're likely to lock in a rate and then your investment rates start coming down. So my guess is you 01:42:25.074 --> 01:42:31.501 - won't run into it. But again, we just don't know that. I have a couple of questions for roofing. Does 01:42:31.501 --> 01:42:34.462 - it save money to do all the roofs at one time? 01:42:34.946 --> 01:42:42.364 - Or can we do like the elementary schools first, then the high school, then the junior high? I think 01:42:42.364 --> 01:42:49.856 - that there's a diminishing return once you get to a certain point, Jerry. So I would almost think if 01:42:49.856 --> 01:42:57.571 - you did the high school and then coupled the rest of them. I was gonna say $10 million worth of roofing 01:42:57.571 --> 01:43:04.766 - is more than anybody could, if most companies could take on at one time. So to your point about, 01:43:05.026 --> 01:43:12.143 - phasing the roofing out, yes. That you're not gonna lose that economy of scale if you broke that in 01:43:12.143 --> 01:43:19.545 - three or four phases. So yes, to answer your question, we could break the roofing out into two or three 01:43:19.545 --> 01:43:26.804 - years easily and not lose that economy of scale. All right, I appreciate that. The other question for 01:43:26.804 --> 01:43:34.206 - the board is, do you, given some of the other needs that we have with this biomedical training project, 01:43:35.554 --> 01:43:48.199 - Would you, what are your thoughts on scaling that back in terms of, we are pretty far along with Boston 01:43:48.199 --> 01:44:00.478 - Scientific. Boston Scientific and Cook Medical, they could basically use one classroom, maybe, yeah, 01:44:00.478 --> 01:44:02.302 - one classroom. 01:44:04.674 --> 01:44:14.940 - at the risk of not taking the 500,000. I just want to make sure, I want to see, I just want to know 01:44:14.940 --> 01:44:25.513 - kind of your thoughts on, are you convinced? I mean, I'm obviously very convinced in that project, but 01:44:25.513 --> 01:44:33.726 - as a board, I would like to have some directions of, we don't want to take all, 01:44:34.498 --> 01:44:46.201 - We don't want to take the grant just to get, we don't spend a lot of money just to get the grant. We 01:44:46.201 --> 01:44:57.788 - want to spend the money to meet needs. So. I'm very committed to that concept of the medical career 01:44:57.788 --> 01:45:02.654 - path. And I think that is, I think we've, 01:45:03.010 --> 01:45:10.096 - invested a lot in it already and that we've really, I don't know, I'm banking on it, I'm counting on 01:45:10.096 --> 01:45:17.463 - it, helping our community, our students for a number of years to come. I'd hate to see us scale it back. 01:45:17.463 --> 01:45:24.550 - I think we've already had it back from what I originally saw. I just want to, I'm just trying to get 01:45:24.550 --> 01:45:31.636 - some. I would like to see something, I know it's early maybe, but I would like to see something more 01:45:31.636 --> 01:45:32.478 - in concrete 01:45:32.770 --> 01:45:39.198 - from what they're willing to give back to us, who bosses scientific and cook. The grant's not coming 01:45:39.198 --> 01:45:45.626 - from the MGR, it's coming from our own. And I know they're excited about it, but we're doing all the 01:45:45.626 --> 01:45:52.309 - legwork. What are they bringing to the table? I've not seen it yet. Maybe you've seen it and you haven't 01:45:52.309 --> 01:45:58.737 - shared it. But I'd like to see what we're gonna get in return for that. The whole idea was that they 01:45:58.737 --> 01:46:02.238 - would provide the facilitators to come onto our campus 01:46:02.786 --> 01:46:14.152 - And we see it in writing. Well, something I just started talking to Christine about, I think, or I meant 01:46:14.152 --> 01:46:24.977 - to. She's like, no, not yet. It's on my list to do that. I'd like to create some MOUs with them and 01:46:24.977 --> 01:46:28.766 - have the board approve those MOUs. 01:46:29.122 --> 01:46:38.241 - If we're committing to doing this, what are you gonna commit to us? And I'd like to see, are we, you 01:46:38.241 --> 01:46:47.451 - did mention IU or IU Health or SEMTRA, are we still in discussion with them or are they cooling down? 01:46:47.451 --> 01:46:57.022 - We're in conversation with all three of them and we've even been approached by SEMTRA to get involved. I, 01:46:57.442 --> 01:47:06.704 - IU Health has a gentleman that, he's a professor at IU, but he goes all over the country and sets up 01:47:06.704 --> 01:47:16.240 - these sim labs. And so he volunteered actually to work with us on creating one of these labs to be like 01:47:16.240 --> 01:47:25.502 - a sim lab. Yeah. That'd be super. Yeah. So yeah, I'd love to see. I think the big benefit to this is 01:47:25.890 --> 01:47:32.663 - because it's a big benefit to our students. And it's helping them get prepared for jobs. Well, and a 01:47:32.663 --> 01:47:39.704 - lot of high schools are currently having their students start as juniors and already like in the nursing 01:47:39.704 --> 01:47:46.410 - field, they're already taking courses. So by the time they're out of high school, they have almost, 01:47:46.410 --> 01:47:53.116 - and some have gotten their associate's degree already. That's one favor the general assembly did is 01:47:53.116 --> 01:47:55.262 - that they're allowing under 18, 01:47:55.362 --> 01:48:03.626 - And they're getting almost that already Hoosier Hills right now. That's correct. I thought we could 01:48:03.626 --> 01:48:12.221 - flip it. Exactly. They're watching it out with the socials at area 30. So are you happy with the number 01:48:12.221 --> 01:48:20.485 - of classrooms we would be gaining at the junior high? I don't know. I would like to know, you know, 01:48:20.485 --> 01:48:24.286 - from, you know, what the anticipated need is. 01:48:24.578 --> 01:48:35.864 - going to be for the next, even if it's five years. Well, we had the demographic, two demographic studies 01:48:35.864 --> 01:48:47.042 - done, and the last one said there'd be slow, steady growth. Right. There was also big bubbles that come 01:48:47.042 --> 01:48:53.598 - through that can be difficult to deal with. So I don't know. 01:48:53.794 --> 01:49:01.988 - I don't know what those projections are. I don't know how many classrooms were short now that if we 01:49:01.988 --> 01:49:10.181 - had these classrooms, we need these classrooms. So what are we short now? What is anticipated being 01:49:10.181 --> 01:49:19.358 - short? Well, what if the journeys does move into the junior? Where's that? How many kids are you talking about? 01:49:20.034 --> 01:49:27.553 - off the top of my head, I don't know exactly. We're not talking 100 kids, no. No, no. Less than 10. 01:49:27.553 --> 01:49:35.222 - I'd say it's minimal growth, yeah. Yeah, so you don't need 6,000 square feet for 12 years. Right, no. 01:49:35.222 --> 01:49:42.741 - Well, let me see if we can figure out a way to give you some data on that. Okay. So I like- In high 01:49:42.741 --> 01:49:47.102 - school, yeah, I think the same thing. What would you use? 01:49:47.234 --> 01:49:54.603 - If we did three classrooms, what's he going to use those for? If he did six classrooms, oh yeah. Let's 01:49:54.603 --> 01:50:01.900 - talk to the band director when we came in, he said that that has opened up, even though it's the same 01:50:01.900 --> 01:50:09.198 - space, it's opened up a lot more uses taking all that concrete out of there. Well, we'll come to what 01:50:09.198 --> 01:50:16.638 - you think about this plan, but we'll gather some data that will help us to determine the specific needs 01:50:16.898 --> 01:50:24.837 - for how much classroom space we're going to need. Find that out, and that'll be the priority. And then 01:50:24.837 --> 01:50:33.007 - once you have that information, that'll dictate how big of a space we have for band and choir. Partially. 01:50:33.007 --> 01:50:40.946 - Because we also have those other competing interests with the HVAC and all those other things too that 01:50:40.946 --> 01:50:46.110 - are on the list. So there's a lot of competing interests for that. 01:50:48.162 --> 01:50:55.496 - I think there's enough competing interests that we need to scale those back. We need to what? Scale 01:50:55.496 --> 01:51:03.271 - those back. Yeah, okay. And make, scale what back? For instance, the performing arts, the band and choir, 01:51:03.271 --> 01:51:10.605 - instead of being, they're being tremendously larger than they are right now, that make them larger, 01:51:10.605 --> 01:51:16.766 - but not to that extent. And then for instance, if you did that, then on option one, 01:51:17.250 --> 01:51:25.269 - You could put the two labs over there and then have the six classrooms there. And, you know, for the 01:51:25.269 --> 01:51:33.368 - same dollars. That's my concern. I mean, you're adding to that space. You're going to add a whole new 01:51:33.368 --> 01:51:41.308 - space. I don't like option one. I don't like to use option two and use that space appropriately. It 01:51:41.308 --> 01:51:43.134 - has flexibility there. 01:51:43.458 --> 01:51:49.678 - because we're not changing the footprint other than the inside on option two. Is it not being connected 01:51:49.678 --> 01:51:55.540 - to our innovative learning center initiative? Option two, it would not be, correct? Right, right. 01:51:55.540 --> 01:52:01.581 - Option two, we don't have another thumbnail hanging out there. Yeah, I don't know. I don't know that 01:52:01.581 --> 01:52:08.040 - there'd be a huge benefit to connecting them. Are they going to be operated kind of separately and separate 01:52:08.040 --> 01:52:10.014 - kind of thing? I don't think so. 01:52:11.394 --> 01:52:20.343 - I don't know what you mean by separately. Well, I mean, they're separated. For the rest of the school 01:52:20.343 --> 01:52:29.117 - can shut down. Yes. The labs could be used during the day if open. Right. So the other question is, 01:52:29.117 --> 01:52:37.978 - are you looking to make, you want the HVAC to be more of a priority and put more money towards that? 01:52:37.978 --> 01:52:39.294 - I'd like to go 01:52:39.458 --> 01:52:47.866 - back there and look at some of these numbers again to figure out what we're cutting out to make that 01:52:47.866 --> 01:52:56.357 - happen. So I'm not sure exactly. I just want some time to look at it. But I don't know that I got the 01:52:56.357 --> 01:53:04.932 - answer. Is there a benefit to having the labs connected to the Innovative Learning Center? Would there 01:53:04.932 --> 01:53:06.014 - be cross-use 01:53:06.114 --> 01:53:14.013 - between those spaces to where if they were side by side, it would be more efficient than if they were 01:53:14.013 --> 01:53:21.834 - separated by, well, you'd have to basically go out to the commons and back down or go outside to get 01:53:21.834 --> 01:53:29.811 - there, unless you put in a separate hallway. I think to really separate programs. You already got your 01:53:29.811 --> 01:53:34.302 - interest for the innovators that are already established. 01:53:36.834 --> 01:53:46.654 - You don't have to change the footprint either underneath. That's another, that's a cost savings option. 01:53:46.654 --> 01:53:56.285 - If you did option one, you got to do all the underneath stuff again too. You don't have to do it with 01:53:56.285 --> 01:54:01.950 - option two. It's already there. There's no utilities there. 01:54:02.114 --> 01:54:12.019 - But if you are scaling back how big this is, I'm saying scale by stress. Right. But if you go over here, 01:54:12.019 --> 01:54:21.736 - you have to do all new infrastructure. Right, which you have to do over here too. I'm just saying take 01:54:21.736 --> 01:54:31.358 - it from here and put it here. I mean, I don't particularly like it because I don't like the fact that 01:54:31.778 --> 01:54:48.235 - The overhead door now would be a long way away from, or a lot longer way away at least from the auditorium. 01:54:48.235 --> 01:54:59.358 - But I don't know that that's horrible either. So, all right. I remember. 01:55:06.818 --> 01:55:13.812 - projects are and you start talking about the border. I mean, we couldn't spend $40 million next year 01:55:13.812 --> 01:55:20.806 - if you wanted us to, I don't think. We've got to get it designed, we've got to get it bid, we've got 01:55:20.806 --> 01:55:27.801 - to get started. So it might not be 2020, it might be 18 and 22. It might be a different combination. 01:55:27.801 --> 01:55:34.795 - So we can run some cash flows so you can right size that unless there's a financial reason to borrow 01:55:34.795 --> 01:55:36.734 - more than you need in 2026. 01:55:36.962 --> 01:55:43.422 - which there might be, but I just offer that we can run scenarios once we have a scope of work and you 01:55:43.422 --> 01:55:49.755 - borrow what you need and no more than you need. Exactly. That'd be perfect. I mean, I'm thinking at 01:55:49.755 --> 01:55:56.215 - 26, we're going to have at best eight months of construction. Yeah, we're going to use the first four 01:55:56.215 --> 01:56:01.598 - months to get the design together and the bid for the first phase of whatever we do. 01:56:01.986 --> 01:56:07.586 - It's gonna take longer to design the new addition than it is to do the roofing project, particularly. 01:56:07.586 --> 01:56:13.076 - Yeah. And Jerry, at some point, this has been, this last time was very good, about we need to share 01:56:13.076 --> 01:56:18.951 - this with, we need to share the proposed additions with the public, so they see what's coming out, because 01:56:18.951 --> 01:56:24.825 - I've been getting some calls about, well, what are they even thinking about doing? I haven't seen anything 01:56:24.825 --> 01:56:30.590 - in concrete yet. Right. But I don't know if we're ready to do that yet. I'm sensing we need to see this. 01:56:31.266 --> 01:56:39.982 - Oh yeah, for sure. Probably sooner rather than later. Well, we have to gather some information, like 01:56:39.982 --> 01:56:48.697 - Dana said, kind of process what we've talked about tonight, and then come back together. Okay. And I 01:56:48.697 --> 01:56:57.672 - think that, again, part of it was two goals. One, to figure out what we were going to do, but the other 01:56:57.672 --> 01:57:00.606 - part was the bonding part. Right. 01:57:01.314 --> 01:57:08.573 - There's pretty much a general consensus that forward with 40 million because it looks like we're going 01:57:08.573 --> 01:57:15.621 - to need it. Right. How do we get that out? It just depends on the cash flows. Send us that, send us 01:57:15.621 --> 01:57:22.810 - that graphic in the jury. If we did, I'd like to see that again. And you had it at the $6 or 6% mark. 01:57:22.810 --> 01:57:25.982 - Everything you do is at a higher end, right? 01:57:26.242 --> 01:57:34.029 - Yeah, so what we put in the resolution was 7%. Everything I've run from my charts is at 5%, which is 01:57:34.029 --> 01:57:41.509 - still a percent higher. Yeah, that just helps me visualize it better. Yep, I'll get that to you. 01:57:41.509 --> 01:57:49.219 - All right. All right. Anything else? Can I throw one more thing in? No. But school construction, so 01:57:49.219 --> 01:57:54.462 - there's certain things that we really like to do during the summer. 01:57:54.786 --> 01:58:00.834 - as you're deliberating and prioritizing. There are projects that we would like, like roofing. We'd rather 01:58:00.834 --> 01:58:06.596 - do roofing as much as we can during the summer, for the shoulder months, you know. We could probably 01:58:06.596 --> 01:58:12.302 - start the new additions about anytime. You don't like to do that in January? We could start the new 01:58:12.302 --> 01:58:18.007 - addition about, well, let's say 10 out of 12 months, we could start the new addition. So you'd have 01:58:18.007 --> 01:58:22.686 - a little more time to deliberate and design that. Is there kind of like a little, 01:58:23.970 --> 01:58:29.481 - email you could send us. I'm trying not to make the decisions for you, but there are some things that 01:58:29.481 --> 01:58:35.099 - I would recommend you get going on. If you're convinced you want to do at least some roughing, I'd love 01:58:35.099 --> 01:58:40.556 - to pull the trigger and have Misha start putting the drawings together and do some roughing ASAP, so 01:58:40.556 --> 01:58:45.634 - that we can bid it right at the beginning of the first few years. You want to bid the project 01:58:45.634 --> 01:58:51.199 - when everybody's the hungriest, right? We're talking about April being the best for bleachers. We want 01:58:51.199 --> 01:58:53.630 - to bid there somewhere in January, February, 01:58:53.762 --> 01:59:03.759 - It's not urgent, but it's something we want. We need some decisions in the next 30 days, so maybe that 01:59:03.759 --> 01:59:13.756 - first phase. We do need to address the bleachers. That's also more urgent priorities. You mean the one 01:59:13.756 --> 01:59:22.782 - in April? Well, junior high and high school. Okay, but those are coming from previous bonds. 01:59:23.234 --> 01:59:31.059 - Right now, I have the high school bleachers coming out of the geo-bond. Which geo-bond? The new one? 01:59:31.059 --> 01:59:38.883 - The 2022 geo-bond. So those are out of the existing one? And the junior high bleachers coming out of 01:59:38.883 --> 01:59:46.785 - the 2010 construction. Right. I mean, in all seriousness, we find out the price difference. Well, but 01:59:46.785 --> 01:59:50.814 - the other thing, too, you've got to think about is, 01:59:51.362 --> 02:00:03.396 - You need the bleachers for the basketball season. And so kind of stuck in waiting until after the program 02:00:03.396 --> 02:00:15.998 - basketball season. What's that? We do have a meeting with Lee and company this week regarding the high school. 02:00:18.562 --> 02:00:26.650 - I've seen about the high school. It gets three sets of bleachers. You got two bottom, all the bottom 02:00:26.650 --> 02:00:34.658 - and that top on the other side. I forgot about that. Is that what we're talking about? Is that just 02:00:34.658 --> 02:00:43.306 - getting a price or bidding or doing or what? Quoting. Quoting. Quoting. Quoting. Quoting. Quoting. Quoting. 02:00:43.306 --> 02:00:46.910 - Quoting. Quoting. Quoting. Quoting. Quoting. 02:00:47.618 --> 02:00:54.423 - project and then broke down by individual levels. But yeah, Brad's point. Are we talking about both 02:00:54.423 --> 02:01:01.295 - the bottoms and one of the tops? One top's permanent concrete. So on the permanent side, we're going 02:01:01.295 --> 02:01:08.168 - to take a look and see if we can, what's it called? Recap. Recap the seats. Didn't we recap them? We 02:01:08.168 --> 02:01:15.245 - had them five years ago. They've been recapped. They had been recapped. They were wood. Five years ago? 02:01:15.245 --> 02:01:16.606 - No, four years ago. 02:01:16.962 --> 02:01:27.775 - Okay. Really? I've only been here three. I don't know. I remember when they were wood, but that might 02:01:27.775 --> 02:01:38.482 - have been 1980. I remember 1965. We're going to take a look at all of it. We're going to take a look 02:01:38.482 --> 02:01:45.054 - at all of it, but the priority are the movable. Okay, gotcha. 02:01:48.802 --> 02:01:55.422 - All right, anything else? No. I'm ready to go home. All right, leaving adjourned.