BOND PROPOSAL FEBRUARY 2020 PRE-BOND PLANNING COMMITTEE BOARD - - PowerPoint PPT Presentation

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BOND PROPOSAL FEBRUARY 2020 PRE-BOND PLANNING COMMITTEE BOARD - - PowerPoint PPT Presentation

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BOND PROPOSAL FEBRUARY 2020 PRE-BOND PLANNING COMMITTEE BOARD PRESENTATION | 5.28.2019 Pre-Bond Advisory Committee Meeting BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT 5.28.2019 AGENDA 1. Review the process. 2. Understand the project

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

BOND PROPOSAL

FEBRUARY 2020

PRE-BOND PLANNING COMMITTEE BOARD PRESENTATION | 5.28.2019

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SLIDE 2

BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

AGENDA

  • 1. Review the process.
  • 2. Understand the project selection criteria.
  • 3. Present the proposed projects.
  • 4. Review tax implications.
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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

PRE-BOND ADVISORY COMMITTEE

REPRESENTATIVES

Greg Bawden

Duvall Fire Battalion Chief

Lloyd McCracken

Community Member, STEM expert, Parent

Ray LaBate

Cedarcrest High School Principal

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

PRE-BOND ADVISORY COMMITTEE

  • The committee met monthly during the school year.
  • We balanced potential projects to develop a proposal

that meets district needs & respects taxpayer obligations.

  • Our efgorts focused on overcrowding of schools,

facilities to assist students in being future ready, and safety and security.

  • The committee supports this proposal.
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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

COMMUNITY SURVEY

  • Online + phone surveys conducted in February

785 individuals participated (156 phone; 529 online)

  • 80% of respondents Strongly Favor or

Somewhat Favor moving forward with the Bond

(52% Strongly; 28% Somewhat)

  • At least two in three in ALL demographic groups

support the proposed Bond measure.

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SLIDE 6

BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

COMMUNITY SURVEY

  • Among the most important issues, cited by

respondents:

  • Updating CTE classrooms and preparing students for

the workforce (72%)

  • Modernizing and expanding Cedarcrest and Tolt to

relieve overcrowding conditions (69%)

  • Tax Rate ($400,000 AV, increasing $1.11 per $1,000 AV)

(60%)

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

JUNE JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY PRE-BOND ADVISORY COMMITTEE MEETINGS SAFETY & SECURITY ASSESSMENT

TEATER-CROCKER INC.

BUILDING CONDITION ASSESSMENT

HUTTEBALL + OREMUS ARCHITECTURE

2019 COMMUNITY SURVEY

CFM STRATEGIC COMMUNICATIONS

BUILDING ENVELOPE ASSESSMENT

WETHERHOLT & ASSOCIATES

PRE-BOND PLANNING ARCHITECTS

HUTTEBALL + OREMUS ARCHITECTURE

june 4 welcome +

  • verview
  • ctober 4

subcommittee formation november 1 subcommittee brainstorming december 6 safety + security january 10 bldg condition assessment february 7 ideas + visioning april 4 potential project review may 2 refjned bond proposal

THE PROCESS

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

1 2 3

WE HAVE A CAPACITY PROBLEM

SAFETY AND SECURITY IS ON

EVERYONE’S MINDS WE HAVE SCHOOLS THAT NEED

FACILITY IMPROVEMENTS TO ALIGN

WITH DISTRICT OUTCOMES + INDICATORS

PROJECT SELECTION CRITERIA

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SLIDE 9

BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

CAPACITY PROBLEM

NEW ELEMENTARY SCHOOL

500 STUDENT CAPACITY 65,000 SF RELIEVE CROWDING AT EXISTING ELEMENTARY SCHOOLS PROVIDE A NEW HOME FOR ERMA. EXPLORE THE POTENTIAL FOR A SATELLITE TRANSPORTATION AREA.

$54 MILLION

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

Carnation Elementary Cherry Valley Elementary Stillwater Elementary Tolt Middle School Cedarcrest High School Riverview Learning Ctr Security system, cameras (interior + exterior), electrifjed perimeter locks, key pads, classroom door locks Entry Vestibule Fencing & Access Gates Cell phone booster & communications upgrades Site & exterior lighting

$15 MILLION

SAFETY + SECURITY

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

FACILITY IMPROVEMENTS

TOLT MIDDLE SCHOOL OTHER PROJECTS

SCIENCE CLASSROOM UPGRADES COMMONS + KITCHEN EXPANSION ATHLETIC ROOM UPGRADES STAFF LOUNGE RELOCATION ROOFING + SIDING SEWER / SEPTIC LIFT STATIONS SOFFIT FIRE SPRINKLERS FIRE ALARM PANELS & DEVICES BUILDING CONTROLS PARKING LOT

$7 MILLION $12 MILLION CEDARCREST HIGH SCHOOL

COMMONS + KITCHEN EXPANSION CTE + ART UPGRADES ADDITIONAL CLASSROOMS “SUBSTANTIAL ALTERATIONS” BUILDING UPGRADES

$28 MILLION

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

CARNATION ELEMENTARY

Roofjng will need replacement in 1-2 years. Roofjng will need replacement in 3-5 years. Roofjng will last 10+ years with routine maintenance.

CHERRY VALLEY ELEMENTARY STILLWATER ELEMENTARY

*Replace roof, skylights, cladding, windows and louvers.

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

TOLT MIDDLE SCHOOL

Roofjng will need replacement in 1-2 years. Roofjng will need replacement in 3-5 years. Roofjng will last 10+ years with routine maintenance.

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

CEDARCREST HIGH SCHOOL

*Replace roof and skylights. Roofjng will need replacement in 1-2 years. Roofjng will need replacement in 3-5 years. Roofjng will last 10+ years with routine maintenance.

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

OTHER PROJECTS AND DISTRICT WIDE SYSTEMS UPGRADES

To address mechanical, electrical, fjre, and building envelope needs district wide. Projects may include:

  • Roofjng + siding replacements
  • Replacement of sewer / septic lift stations
  • Correction of problematic fjre sprinklers at soffjt locations
  • Replacement of unsupported Fire Alarm Panels & Devices
  • Replacement of unsupported Building Controls
  • New 250-stall parking lot near Cedarcrest High School

$12 MILLION

FACILITY IMPROVEMENTS

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

NEW ELEMENTARY SCHOOL OTHER INCLUSIONS

  • Purchase additional property
  • Cover bond costs
  • Program Reserves

SAFETY AND SECURITY SYSTEMS CEDARCREST HIGH SCHOOL

  • Commons + Kitchen expansion
  • CTE and Art upgrades
  • Additional classrooms
  • “Substantial alterations” building

upgrades TOLT MIDDLE SCHOOL

  • Science classroom upgrades
  • Commons + kitchen expansion
  • Athletic room improvements
  • Stafg lounge relocation

OTHER PROJECTS + DISTRICT WIDE SYSTEMS UPGRADES

CAPACITY PROBLEM

OTHER

SAFETY + SECURITY FACILITY IMPROVEMENTS

$54 M $9 M $15 M $28 M $7 M $12 M

CURRENT PROPOSED BOND TOTAL: $125 MILLION

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

WHAT DOES THIS MEAN FOR TAXES?

What does a $125,000,000 bond cost our taxpayers per year?

Estimated Tax Rate in 2020 without a bond is $3.28 Estimated Tax Rate in 2020 with a bond is $4.39 $4.39 - $3.28 = $1.11 per $1000 Assessed Valuation

What does that look like for a $400,000 home?

$400,000/$1000 = 400 400 x $1.11 = $444.00

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BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

1

New Elementary School

$4 $50

2

Safety and Security Carnation

$1.5 $13.5

Cherry Valley Stillwater Tolt MS

3

Cedarcrest High School Commons/Kitchen

$3 $25

CTE Substantial Alteration (incl. Safety)

4

Tolt Middle School Commons/Kitchen

$1 $6

Athletic/Multi-Purpose Interior Improvement

5

District Maintenance Carnation

$1 $11

Cherry Valley Stillwater Tolt MS Transportation Property Acqusition / Bond

$9

Bond Sales

$62.5M $62.5M

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 2020 2021 2022 2023 2024

Bond Sales

$62.5M $62.5M

Design Bond Sales

$62.5M $62.5M

Bid Bond Sales

$62.5M $62.5M

Construction Bond Sales

$62.5M $62.5M

uction Completion Bond Sales

$62.5M $62.5M

etion Closeout

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SLIDE 19

BOND PROPOSAL RIVERVIEW SCHOOL DISTRICT Pre-Bond Advisory Committee Meeting 5.28.2019

QUESTIONS?