Consolidated 1028/Preliminary Determination Hearing

Transcription

1 Consolidated 1028/Preliminary Determination Hearing DECEMBER 9, /5/ Hearing Page 1

2 Guide to Information Our web site is: Go to our web site On the home page, look under News at Center Grove and click on Center Grove Construction Projects For historical information about curriculum redesign: Click on High School Redesign Page For historical information about the development of the budget and specifications for this construction project: Click on Building Projects Budget/Financial For the most current information about the construction projects (including this 1028 hearing): Click on Most Current Project Information 12/8/ Guide to Information (Continued) If you have questions or would like more information, please contact: Dr. Steven Stephanoff, Superintendent stephanoffs@centergrove.k12.in.us Phone: Mail: 4800 W. Stones Crossing Rd., Greenwood, In Dr. Paul Gabriel, Chief Financial Officer gabrielp@centergrove.k12.in.us Phone: Mail: 4800 W. Stones Crossing Rd., Greenwood, In /8/ Hearing Page 2

3 History DR. JANET BOYLE 12/8/ Prior Studies and Reports 2002 Facilities Advisory Committee Recommended relocation of transportation & maintenance facilities off the high school campus & further study of high school needs Facilities Advisory Committee Led to decision to replace Maple Grove Elementary School with a new facility located off the high school campus. Board affirmed remaining with one high school for the district. Board asked for study of best means to personalize a large school High School Expansion Task Force Identified facility needs and researched leading trends in high school education. Recommended a larger communitybased study of possible high school program redesign. Ruled out freshmen or senior academies as viable options for CGHS. 12/8/ Hearing Page 3

4 Prior Studies and Reports 2006 Coalition of Visioneers 193 people p from the Center Grove community participated p in four focus study groups to identify key issues for possible redesign of high school program. The four study groups were: Community Connections Campus Master Plan Transitions Program Models and Curriculum Each study group made recommendations, which were compiled by the Coalition Advisory Council into one set of Coalition recommendations. One recommendation was that additional study occur involving more high school staff. 12/8/ Prior Studies and Reports High School ReDesign Team Paul Buck appointed as Assistant Principal at CGHS to lead the Curriculum ReDesign Team, which studied various options and recommended restructuring the high school into small learning communities: New Technology High School Early College High School Business Academy STEM Academy Health SLC Humanities SLC Traditional SLC This meets the requirements of the 2004 Board directive regarding personalizing the high school. 12/8/ Hearing Page 4

5 Prior Studies and Reports Site Visits and Conferences During the various studies, groups from our school community have attended d the following conferences and visited i these best practice example schools: Conferences: Indiana s Future: Economic Development and the High School Connection (CELL 2005) Breaking Ranks II: 2006 High School Showcase (The Educational Alliance at Brown University, 2006) Indiana High School ReDesign The Future is Here (CELL 2007) Indiana High School Summit: ReDesigning Indiana s High School: Version 3.0 (IDoE 2007) 15 th Annual Model Schools Conference (International Center for Leadership in Education 2007) The Hope Foundation International Conference (The Hope Foundation 2007) Indiana s Future Conference (CELL 2007) Site Visits: Napa New Technology High School (Napa, CA) Sacramento New Technology High School (Sacramento, CA) Mapleton / Front Range Early College High School (Denver, CO) Global Leadership Academy Grades K12 (Denver, CO) Littleton High School (Littleton, CO) 12/8/ Prior Studies and Reports Site Visits (Continued) Mapleton Expeditionary School of the Arts (MESA) Grades 712 (Denver, CO) New Vista High School (Boulder, CO) Rocky Mountain School of Expeditionary Learning (Denver, CO) Skyview Academy (Thornton, CO) The Denver School of Science and Technology (Denver, CO) Welby New Technology High School (Denver, CO) Ben Davis High School (Indianapolis, IN) Carmel High School (Carmel, IN) Decatur Township High School (Indianapolis, IN) Franklin Community High School (Franklin, IN) Fishers High School (Fishers, IN) Hamilton Southeastern Community High School (Fishers, IN) New Technology High School at Arsenal Tech (Indianapolis, IN) 12/8/ Hearing Page 5

6 Prior Studies and Reports Site Visits (Continued) Warren Central High School (Indianapolis, IN) Atascoscita High School (Humble, TX) Challenge Early College High School (Houston, TX) Humble High School (Humble, TX) Kingwood High School (Kingwood, TX) Kingwood Park High School (Kingwood, TX) Quest High School (Humble, TX) Manhattan / Hunter Science High School (New York City, NY) Science, Technology and Research Early College High School (Brooklyn, NY) Queens School of Inquiry (Queens, NY) Academy for Math, Engineering & Science (AMES) (Salt Lake City, UT) Itineris Early College High School (West Jordan, UT) Northern Utah Academy for Math, Engineering & Science (NUAMES) (Layton, UT) 12/8/ Proposed Implementation of Small Learning Communities : : : Early College High School New Tech High School 1 or 2 others 2 or 3 others 12/8/ Hearing Page 6

7 Description of the Three Projects MR. DAVE STATLER 12/8/ Construction Project $142.36M 15% 4% 22% Elementary $30.85M High School (Basic) $84.21M 59% HS Cocurricular $20.90M Extracurricular $6.40M 12/8/ Hearing Page 7

8 Center Grove Community School Corporation School Financing Budget Hunt Construction Group, Inc. 11/19/08 Building Area: 352,712 GSF School Financing Budget A B C D E F G H I J K L M N O HIGH SCHOOL BASE PROJECT HIGH SCHOOL COCURRICULAR & EXTRACURRICULAR IMPROVEMENTS ELEMENTARY PROGRAM Section Description: High School Additions High School Renovations Early Site Development Victory Conn., Penn. Conn., Demo Maint. Bldg., Demo Maple Grove Balance of Site Development High School & Site Development TOTALS Additional Music Space Natatorium & Weights New Locker Room Facility & New Turf at Soccer Field North of C.G. Elementary New Football Press Box & Grandstands New Restroom / Concession / Admission Facility at Baseball Field New Tennis Courts / Resurfacing Existing Tennis Courts/New Athletic Practice Field High School Co Curricular & Extra Curricular Improvements TOTALS Center Grove Elementary 2011 New Elementary Elementary Program TOTALS Section Quantity (GSF): 245, , ,712 16,500 56, ,800 Cost Per GSF Base Estimate Detail Subtotal $ $ $ $ $ Base Estimate Detail Subtotal $ 44,970,178 $ 11,338,095 $ 2,859,980 $ 4,393,774 $ 63,562,027 $ 4,018,082 $ 12,508,363 $ 1,570,900 $ 2,075,000 $ 312,500 $ 1,071,732 $ 21,556,577 Estimate/Scope Contingency 5.00% #### $ 1,124,254 $ 283,452 $ 71,500 $ 109,844 $ 1,589,051 $ 200,904 $ 625,418 $ 78,545 $ 103,750 $ 15,625 $ 53,587 $ 1,077,829 $ $ $ Estimate Subtotal $ 46,094,432 $ 11,621,547 $ 2,931,480 $ 4,503,618 $ 65,151,078 $ 4,218,986 $ 13,133,781 $ 1,649,445 $ 2,178,750 $ 328,125 $ 1,125,319 $ 22,634,406 $ 5,867,444 $ 19,166,709 $ 25,034,153 Construction Contingency 5.00% $ 2,304, ,077 General Conditions & Requirements 3.30% $ 1,521, ,511 $ $ 146,574 $ 225,181 3,257,554 $ $ 210, ,689 $ $ 82,472 $ 108,938 $ 16,406 $ 56,266 1,131,720 $ $ 96,739 $ 148,619 $ 2,149,986 $ 139,227 $ 433,415 $ 54,432 $ 71,899 $ 10,828 $ 37, ,935 Contractor's General Liability Insurance $ 21,261 $ 5,360 $ 1,352 $ 2,077 $ 30,051 $ 1,946 $ 6,058 $ 761 $ 1,005 $ 151 $ ,440 $ $ 280,136 $ 366,511 $ 646,647 $ $ $ 200,000 $ 200,000 $ $ $ $ Subtotal GC and Contingency $ 3,847,099 $ 969,949 $ 244,665 $ 375,878 $ 5,437,590 $ 352,122 $ 1,096,162 $ 137,665 $ 181,841 $ 27,386 $ 93,920 $ 1,889,096 $ 280,136 $ 566,511 $ 846,647 Subtotal Direct and GC $ 49,941,531 $ 12,591,496 $ 3,176,144 $ 4,879,496 $ 70,588,668 $ 4,571,108 $ 14,229,943 $ 1,787,110 $ 2,360,591 $ 355,511 $ 1,219,239 $ 24,523,502 $ 6,147,580 $ 19,733,220 $ 25,880,800 Construction Manager's Fee 1.20% $ 599,298 $ 151,098 $ 38,114 $ 58,554 $ 847,064 $ 54,853 $ 170,759 $ 21,445 $ 28,327 $ 4,266 $ 14,631 $ 294,282 $ 61,476 $ 390,664 $ 452,140 Construction Estimate Total $ 50,540, $ 12,742,594 $ 3,214, $ 4,938,050 $ 71,435, $ 4,625,961 $ 14,400, $ 1,808,555 $ 2,388,918 $ 359,777 $ 1,233,870 $ 24,817, $ 6,209, $ 20,123,884 $ 26,332,940 SOFT COST Architect / Engineer Fee 5.75% $ 2,906,098 $ 732,699 $ 184,820 $ 283,938 $ 4,107,555 $ 265,993 $ 828,040 $ 103,992 $ 137,363 $ 20,687 $ 70,948 $ 1,427,023 $ 368,855 $ 732,496 $ 1,101,351 A/E Reimbursable Consultants and Expenses $ 122,000 $ $ 136,000 $ 224,000 $ 482,000 $ 6,000 $ 26,000 $ 15,000 $ 10,000 $ 6,000 $ 18,000 $ 81,000 $ $ $ Owner's Builder's Risk Insurance 0.20% $ 101,082 $ 25,485 $ 21,782 $ 36,018 $ 184,367 $ 9,252 $ 28,801 $ 3,617 $ 4,778 $ 720 $ 2,468 $ 49,636 $ 12,295 $ 39,066 $ 51,361 On/OffSite Utilities ($2,000,000 at 50%) $ 1,000,000 $ $ $ $ 1,000,000 $ $ $ $ $ $ $ $ $ $ Land Acquisition $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Systems Commissioning $ 300,000 $ $ $ $ 300,000 $ 5,000 $ 15,000 $ $ $ $ $ 20,000 $ $ $ Geotechnical Investigation, Surveys, Owner's Testing $ 100,000 $ $ 9,421 $ 15,579 $ 125,000 $ $ $ 1,000 $ 1,000 $ 1,000 $ 2,500 $ 5,500 $ 10,000 $ 35,000 $ 45,000 Owner's Project Representative $ 200,000 $ $ $ $ 200,000 $ $ $ $ $ $ $ $ $ 50,000 $ 50,000 Document Printing $ 200,000 $ $ 25,000 $ $ 225,000 $ $ $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 4,000 $ 15,000 $ 25,000 $ 40,000 Owner's Loose Equipment 2.00% $ 1,010,817 $ 254,852 $ 5,653 $ 9,347 $ 1,280,668 $ 75,000 $ 35,000 $ 5,000 $ 5,000 $ 3,000 $ 2,000 $ 125,000 $ 75,000 $ 150,000 $ 225,000 Owner's Instructional/Information Technology 3.00% $ 2,520,000 $ $ $ $ 2,520,000 $ 6,000 $ 6,000 $ $ $ $ $ 12,000 $ 300,000 $ 585,000 $ 885,000 Graphics and Art Work 0.08% $ 37,906 $ 9,557 $ 3,769 $ 6,231 $ 57,463 $ $ $ $ 10,000 $ 2,500 $ 1,000 $ 13,500 $ $ 100,000 $ 100,000 Staff Professional Development to Transition to SLC's $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Miscellaneous 0.05% $ 25,270 $ 6,371 $ 2,174 $ 3,606 $ 37,422 $ $ $ 904 $ 1,194 $ 180 $ $ 2,279 $ $ $ Sub Total: Soft Costs $ 8,523,172 $ 1,028,964 $ 388,619 $ 578,719 $ 10,519,475 $ 367,245 $ 938,842 $ 130,513 $ 170,335 $ 35,087 $ 97,916 $ 1,739,937 $ 781,150 $ 1,716,562 $ 2,497,712 Sub Total: Construction Cost and Soft Costs $ 59,064,002 $ 13,771,559 $ 3,602,877 $ 5,516,769 $ 81,955,207 $ 4,993,206 $ 15,339,544 $ 1,939,068 $ 2,559,253 $ 394,863 $ 1,331,786 $ 26,557,721 $ 6,990,206 $ 21,840,446 $ 28,830,652 COST OF ISSUANCE School Counsel $ $ $ $ $ 75,000 $ $ $ $ $ $ $ 25,000 $ $ $ Bond Counsel $ $ $ $ $ 175,000 $ $ $ $ $ $ $ 50,000 $ $ $ Trustee Bank $ $ $ $ $ 7,500 $ $ $ $ $ $ $ 2,500 $ $ $ Standard & Poor's Rating $ $ $ $ $ 75,000 $ $ $ $ $ $ $ 25,000 $ $ $ Official Statement $ $ $ $ $ 20,000 $ $ $ $ $ $ $ 10,000 $ $ $ Underwriters Discount $ $ $ $ $ 385,000 $ $ $ $ $ $ $ 60,000 $ $ $ Bond Insurance Premium $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Bond Delivery $ $ $ $ $ 75,000 $ $ $ $ $ $ $ 25,000 $ $ $ Title Insurance $ $ $ $ $ 40,000 $ $ $ $ $ $ $ 20,000 $ $ $ Miscellaneous DTC, CUSIP $ $ $ $ $ 7,500 $ $ $ $ $ $ $ 2,500 $ $ $ TOTAL COSTS OF ISSUANCE $ $ $ $ $ 860,000 $ $ $ $ $ $ $ 220,000 $ 135,000 $ 270,000 $ 405,000 CAPITALIZED INTEREST Interest Expense $ $ $ $ $ 2,594,793 $ $ $ $ $ $ $ 867,279 $ 49,794 $ 2,139,554 $ 2,189,348 (Less Interest Income) $ $ $ $ $ (1,200,000) $ $ $ $ $ $ $ (350,000) $ (75,000) $ (500,000) $ (575,000) (Less Interim Rent Payments $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ NET CAPITALIZED INTEREST $ $ $ $ $ 1,394,793 $ $ $ $ $ $ $ 517,279 $ (25,206) $ 1,639,554 $ 1,614,348 TOTAL COST OF ISSUANCE & CAPITALIZED INTEREST $ $ $ $ $ 2,254,793 $ $ $ $ $ $ $ 737,279 $ 109,794 $ 1,909,554 $ 2,019,348 GRAND TOTALS $ 59,064,002 $ 13,771,559 $ 3,602,877 $ 5,516,769 $ 84,210,000 $ 4,993,206 $ 15,339,544 $ 1,939,068 $ 2,559,253 $ 394,863 $ 1,331,786 $ 27,295,000 $ 7,100,000 $ 23,750,000 $ 30,850,000 GRAND TOTAL OF ALL PROJECTS $ 142,355,000 Page 1 of Hearing Page 8

9 Elementary School Program $ 30,850,000 M N O ELEMENTARY PROGRAM Center Grove Elementary 2011 New Elementary Elementary Program TOTALS 12/8/ Elementary School Project Build new elementary school on Sugar Grove property to accommodate 750 students Utilize a design similar to Maple Grove Elementary School Consolidate operations of North Grove and West Grove Elementary Schools into new building and existing elementary schools Achieve equity among elementary programs and buildings Current annual savings of approx. $338,000 in personnel expenses Savings of $ 3.9 million to the Capital Projects Fund through /8/ Hearing Page 9

10 Elementary School Project (Cont.) Construct 25,200 square feet Addition to Center Grove Elementary Renovate the School to Accommodate 750 Students Achieve Equity with Newer Buildings in District i Add 5 classrooms and new restrooms Add new kitchen, cafeteria, gymnasium and stage Add secure entry and reconfigure administration area Renovate vacated interior spaces to include science lab, new media center, additional computer lab, LD resource rooms, and teacher work areas Renovate existing restrooms Renovate finishes in existing classrooms 12/8/ High School Base Project $ 84,210,000 A B C D E HIGH SCHOOL BASE PROJECT Existing High School Additions High School Renovations Early Site Development Victory Conn., Penn. Conn., Demo Maint. Bldg., Demo Maple Grove Balance of Site Development High School & Site Development TOTALS 12/8/ Hearing Page 10

11 Building Components Addresses existing concerns of safety, circulation and overcrowding of high school and provides for future expansion Constructs a major northsouth concourse and extends Hall of Excellence Adds classrooms to accommodate approximately 2800 students Adds instructional and practice areas for Fine Arts and Music disciplinesi Adds new secure public entry and relocates Administration and Guidance areas Relocates Special Services area for improved access 12/8/ Building Components (cont.) Adds new food preparation and serving areas Adds a PE/Health Center with classrooms to allow for expansion of health programs Incorporates natural light into lower levels of building Renovates and restructures existing classroom spaces to accommodate the transition to SLC s Replaces aged and deteriorating roofing originally projected in the CPF for 2010 Removes and reclads the EIFS facia surfaces with metal siding 12/8/ Hearing Page 11

12 Site Components Includes new and relocated parking lots, drives, and sidewalks to accommodate new construction and revised traffic flows Includes site lighting to complement the new drives and parking lots Includes offsite utility improvements, i.e., upgrades to the sanitary sewer as required by City of Greenwood Razes old Maple Grove Removes underground fuel tanks from old Transportation building Includes required landscaping, retaining walls, and green space per code 12/8/ High School Cocurricular and Extra Curricular Improvements $27,295,000 F G H I J K L HIGH SCHOOL COCURRICULAR & EXTRACURRICULAR IMPROVEMENTS Additional Music Space Natatorium & Weights New Locker Room Facility & New Turf at Soccer Field North of C.G. Elementary New Football Press Box & Grandstands New Restroom / Concession / Admission Facility at Baseball Field New Tennis Courts / Resurfacing Existing Tennis Courts High School CoCurricular & ExtraCurricular Improvements TOTALS 12/8/ Hearing Page 12

13 HS Cocurricular and Extracurricular Improvements Cocurricular Creates additional instructional and practice space for Music program beyond that in Base project Constructs new 50meter natatorium, and renovates existing pool area for weight room Extracurricular Adds basic locker room to softball/soccer complex and turf to soccer field Constructs new press box and bleachers at football field to increase seating capacity to 6,500 spectators Constructs admissions/concession/restroom complex at baseball fields Adds six (6) tennis courts and repairs existing tennis courts subbase (originally projected in CPF) 12/8/ Financial Information DR. PAUL GABRIEL 12/8/ Hearing Page 13

14 Information Required for the 1028 Hearing Elementary School Consolidation Project: Estimated maximum par amount of bonds: $30,850,000 Maximum term of lease: 21 years Maximum annual lease payment: $3,075,000 Maximum total of all lease payments: $54,140,000 Total interest cost: $24,800, pay 2008 Debt Service Fund levy and rate: $10,780,123 and rate of $ pay 2009 estimated Debt Service Fund levy and rate: $10,701,626 and rate of $.5096 Estimated maximum annual total Debt Service Fund levy during lease term: $10,701,626 Estimated maximum annual total Debt Service Fund rate during lease term: $.5096 Percent current outstanding and overlapping indebtedness to A.V. (all units): 3.85% Percent current annual Debt Service payments to A.V (school district only): 0.41% Percent estimated maximum annual Debt Service payments to A.V. (school district only): 0.51% Estimated operational costs for first year of new elementary school: $375,000 Estimated operational costs for first year of entire consolidation project: below current level Anticipate pursuing new facility adjustment to obtain additional State revenue High School Base Project: Estimated maximum par amount of bonds: $84,210,000 Maximum term of lease: 21 years Maximum annual lease payment: $8,325,000 Maximum total of all lease payments: $149,585,000 Total interest cost: $67,300, pay 2008 Debt Service Fund levy and rate: $10,780,123 and rate of $ pay 2009 estimated Debt Service Fund levy and rate: $10,701,626 and rate of $.5096 Estimated maximum annual total Debt Service Fund levy during lease term: $13,275,076 Estimated maximum annual total Debt Service Fund rate during lease term: $.5519 Percent current outstanding and overlapping indebtedness to A.V. (all units): 3.85% Percent current annual Debt Service payments to A.V (school district only): 0.41% Percent estimated maximum annual Debt Service payments to A.V. (school district only): 0.55% Anticipate pursuing new facility adjustment to obtain additional State revenue Cocurricular and Extracurricular Project: Estimated maximum par amount of bonds: $27,295,000 Maximum term of lease: 21 years Maximum annual lease payment: $2,545,000 Maximum total of all lease payments: $46,895,000 Total interest cost: $21,000, pay 2008 Debt Service Fund levy and rate: $10,780,123 and rate of $ pay 2009 estimated Debt Service Fund levy and rate: $10,701,626 and rate of $.5096 Estimated maximum annual total Debt Service Fund levy during lease term: $10,701,626 Estimated maximum annual total Debt Service Fund rate during lease term: $.5096 Percent current outstanding and overlapping indebtedness to A.V. (all units): 3.85% Percent current annual Debt Service payments to A.V (school district only): 0.41% Percent estimated maximum annual Debt Service payments to A.V. (school district only): 0.51% Anticipate pursuing new facility adjustment to obtain additional State revenue 1028 Hearing Page 14

15 Legally Required Information The law requires certain information to be presented related to the tax impact. This information is on the attached page. None of this information conflicts with or changes the tax impact which we have previously presented. The law requires us to present each project by itself, as if it were the only one we would do. The elementary project or the Cocurricular/Extracurricular project, if done individually would not increase the tax rate. As we have previously stated, we will be pursuing a new facility appeal to fund the ongoing operational costs of all of these projects. 12/8/ Comparative Maximum Tax Rate Impact for all Three Projects (Compared to 2008 Rates) Franklin $ ClarkPleasant Edinburgh Center Grove Nineveh Greenwood $ $ $ $ $ $ (18 in 2012) $0.00 $0.50 $1.00 $1.50 $2.00 $ /8/ Hearing Page 15

16 2012 Estimated Maximum Annual Tax Impact All Three Projects $350 $300 $250 $200 $150 $100 $177 $295 $218 $182 $50 $59 $0 $100,000 House $200,000 House $300,000 House $120,000 Farm Land $100,000 Commercial 12/8/ Estimated Annual Tax Impact All Three Projects $300,000 House $350 $300 $250 $200 $150 $295 $279 $100 $50 $68 $173 $ /8/ Hearing Page 16

17 Estimated Annual Tax Impact HS 1 & 2 Projects $300,000 House $350 $300 $250 $200 $150 $100 $50 $0 $173 $162 $94 $ /8/ Estimated Annual Tax Impact HS Base Project $300,000 House $350 $300 $250 $200 $150 $100 $50 $0 $69 $0 $12 $ /8/ Hearing Page 17

18 Example Maximum Annual Tax Impact All Three Projects $300,000 House $3,000 $2,500 $2,000 $1,500 $1,000 $500 $2,714 Total School Taxes $1,766 $2,061 $ w/project 12/8/ Referendum Calendar DR. PAUL GABRIEL 12/8/ Hearing Page 18

19 Calendar for a Possible Referendum Spring 2009 Authorize 1028 hearing November 24 Advertise 1028 hearing November hearing December 9 Advertise resolutions December 17 End of petition period 30 days after advertisement Questions are certified January 9 Election Week of April 13 Begin taking construction bids May 13 12/8/ Closing Remarks DR. STEVEN STEPHANOFF 12/8/ Hearing Page 19

20 Three Referendum Questions Shall the Center Grove Community School Corporation, Johnson County, Indiana, issue bonds or enter into a lease to finance the Elementary School Consolidation Project? Shall the Center Grove Community School Corporation, Johnson County, Indiana, issue bonds or enter into a lease to finance the High School Base Project? Shall the Center Grove Community School Corporation, Johnson County, Indiana, issue bonds or enter into a lease to finance the Cocurricular and Extracurricular Project? 12/8/ Public Comments PURPOSE AND PROCEDURES 12/8/ Hearing Page 20