Our facilities advisory committee has met several times over the last few months to work on plans for upgrading our facilities. Through those discussions and with some changes that took place this legislative session, it has been decided that a bond referendum for this fall makes the most sense for our district. We will have several public sessions for community members to learn more about the project, but we have identified the following priorities:
- classrooms (enough for 5 sections of each elementary grade level, elementary art, music, etc.)
- secure entrances/office space
- performing arts/gym space
- parking lots
- concession/restrooms/seating at the track/football stadium
- fitness/PE space
- maintenance facility to house equipment
- land purchase for future growth
The district's plan is to keep the construction costs in the $18-$22 million range, but if approved by voters, the district could have the authority to get up to $31 million. With project costs beyond construction costs being in the 20-25% range, the district believes the project can be completed for $25-$27 million. Part of the project would be funded with a G.O Bond (up to $18 million) and part of the project would be funded by borrowing against 1% Sales Tax funding (up to $13 million). $31 million is the current maximum we could borrow between the combined funds. Because the school board has been thoughtfully paying ahead on our current debt, we are in a good position financially to take on another project that will keep our facility operating in a K-12 format. This project would serve the district for up to 120-125 students per grade level and the district would look for property to purchase for future building projects.
The bond referendum vote will take place on Tuesday, November 7. However, there are still several steps that need to occur before that language would be on the ballot. It is an exciting time to be a Van Meter Bulldog!
