REFERENDUM Princeton Referendum April 17, 2018 SCOPEBUDGET UPDATE - PowerPoint PPT Presentation

REFERENDUM Princeton Referendum April 17, 2018 SCOPE•BUDGET UPDATE IN ASSOCIATION IN ASSOCIATION WITH 1 | WITH Princeton Public Schools | 5/6 School Initial Concepts

IN ASSOCIATION WITH Princeton Public Schools | 5/6 School Initial Concepts

ENROLLMENT GROWTH vs CAPACITY 3,473 Historic Projected Extended w/All Housing Capacity 3 |

REFERENDUM Overview ELEMENTARY/MIDDLE SCHOOL UPGRADES A NEW 5/6 SCHOOL at VALLEY ROAD SITE B HIGH SCHOOL RENOVATION • EXPANSION C ATHLETIC IMPROVEMENTS D RELOCATE DISTRICT OFFICES E New site/building for maint./transport./offices Move administration to JW Middle School

ELEMENTARY SCHOOL UPGRADES ES HVAC upgrades • AC to all classrooms, cafeterias Security • secure entries, visitor management • doors Accessibility • door hardware, signage, other Configure buildings for generator connections Electrical service upgrades • additional distribution LB Library upgrades LB•RS Add control doors to restrict travel through building 5 |

MIDDLE • HIGH SCHOOL UPGRADES MS HVAC • POD areas, classrooms, cafeteria Electrical upgrades Building entry upgrades • C to E wing connector Renovation of old library to more usable space Acoustic upgrades in cafeteria & commons Add pull-in parking along Franklin Avenue HS HVAC • add AC to gym • boiler upgrades Electrical upgrades • Elevator upgrades Roofing (sloped roofs) replacement Mitigate water issues at auditorium wing Building entry upgrades 6 |

VALLEY RD. EXIT ENTRY PROPOSED COMMUNITY GARDENS PARENT / VISITOR PARKING [51 CARS] VALLEY RD COMMUNITY DROP-OFF/ PICK UP LANE PORCH HARRIS RD. MAIN ENTRY SITE PLAN NEW 5/6 ELEMENTARY [2 STORY / APPROX. 85,000 SF] 87,000 sq. ft. OUTDOOR CAFE 660+ max OUTDOOR LEARNING OUTDOOR PLAY capacity EXIT BUS LANE ATHLETIC FIELDS Drop-off and [10+2] [TURF?] EXISTING FIRE bus drives + STATION STAFF/ ADMIN PARKING WITHERSPOON ST. [65 CARS] parking Turf fields Honor history 7 | ENTRY

First Floor Plan 9

Second Floor Plan 10

HIGH SCHOOL EXPAND INWARD • COURTYARD CAPTURE IN ASSOCIATION 11 | WITH Princeton Public Schools | 5/6 School Initial Concepts

Heart • Collaboration Hubs • Learning Zones Capture unused Courtyard space; open up circulation Establish central, multi-use Research/Technology spaces Student Showcase opportunities FLEXIBLE FLEXIBLE Additional Casual Dining spaces LEARNING LEARNING ZONE ZONE FLEXIBLE LEARNING Better Direct Connections ZONE between existing learning spaces COLLABORATIVE HUB Wider Variety of learning spaces FLEXIBLE FLEXIBLE LEARNING LEARNING to better support activities ZONE ZONE Break down Scale of the school HEART Build Community among SECURE AND WELCOMING teachers and students ENTRY (TOWER) Distribute Educators , provide teacher collaboration spaces 12 |

Main Level | Proposed Heart Space First Floor Plan [Proposed] IN ASSOCIATION 13 | WITH Princeton Public Schools | 5/6 School Initial Concepts

Upper Level | Proposed Heart Space Second Floor Plan [Proposed] IN ASSOCIATION 14 | WITH Princeton Public Schools | 5/6 School Initial Concepts

FIRST FLOOR Main Level | Proposed Heart Space VIEW TERRACE SEMINAR ROOMS NURSE ’ S ABOVE SUITE TO CORRIDOR SMALL GROUP ROOM BEYOND PRESENTATION AND GATHERING IN ASSOCIATION 15 | WITH Princeton Public Schools | 5/6 School Initial Concepts

GROUND FLOOR Lower Level | Proposed Collaborative Hub VIEW COLLABORATIVE TERRACES MEDIA SEMINAR / SMALL COMMONS GROUP ROOMS DESIGN LAB CONNECTION TO DINING, INFORMAL LEARNING, AND FOOD TECH. CONNECTION TO NORTH COURTYARD IN ASSOCIATION 16 | WITH Princeton Public Schools | 5/6 School Initial Concepts

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Capacity Existing stations 81 Proposed Stations 103 +/- +22 Existing Capacity 1,423 Proposed Capacity +/-2,000 Informal space can support 200+/- seats for use in conjunction with above programmable space. 19 |

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Scope Reduced – Dark Blue Scope Changes to Reduce Cost Lower Level Partial Plan 23 |

Scope Reduced – Dark Blue Scope Changes to Reduce Cost First Floor Partial Plan 24 |

Scope Reduced – Dark Blue Scope Changes to Reduce Cost Second Floor Partial Plan 25 |

ADDITIONAL STEPS FIELD/ATHLETIC IMPROVEMENTS HS Turf field (Lacrosse) Lacrosse netting Concession • Bathroom • Support building Tennis court drainage Fitness gym renovation • 2 nd level Basketball backboards Indoor water fountains near gyms Motorize bleachers Wrestling/Fencing/Activity space; mat lift systems

ADDITIONAL STEPS FIELD/ATHLETIC IMPROVEMENTS JW Softball infields • dugouts • backstop upgrades Water access (various locations) Scoreboard (multi-sport) Motorize bleachers VR Turf fields (varsity BB, soccer, other?) and play surface Potential softball field overlay Varsity field outfield retaining wall • fence Backstop upgrades • Dugouts Water • storage • bathrooms

ADDITIONAL STEPS DISTRICT ADMINISTRATION Relocate from VR to enable creation of 5/6 school A Transportation and Operations Offices Purchase property Construct facility for offices, maintenance, shop, storage, and transportation • bus parking B Addition to JW MS for administration Renovate old library space for Board use in evenings • school use during day

Transportation & Operations Building Herrontown Road Land acquisition Offices Maintenance, operations and Bus Parking (12/3) transportation 1 story building 9,000 sq. ft. Bus parking 3 acres 29 |

High School – Additional Improvements High School Additional Improvements Conc. Concession 31 |

Target Construction Windows SCHEDULE Other Information * Aggressive Schedule: Admin. projects and New 5/6 school dependent on securing of alternate, temporary space to house functions and ability to complete demolition Spring 2019 to enable construction of new school. High School would be multi-phase, multi-year project

Overall by school BUDGETS $ 15,322,530

How We Budget BUDGETS $ 129,863,570 Basis Information Budgets projected to anticipated mid-point of construction (approximately late 2019) All budgets include material/labor and soft cost estimates Soft costs (approx. 23-26%) include contingency (10-13%), fees, approval, bidding, legal, finance, furniture, abatement, and other project related costs. Furniture allowance of 3.25% for HS and New 5/6 School

Overall by type BUDGETS $ 5,142,780 $ 11,827,800 Potential ESIP $ 19,500,000

Estimated Additional Annual Tax Impact

Estimated Additional Annual Tax Impact Avg. Est. Annual Impact per $100k assessed home value First 4 years of Avg. Est. Additional Impact for the avg. assessed home of value $837,074 Avg. Est. Additional Annual Impact for avg. assessed home value over Difference from Prior Number: life of bonds (30 yrs) • Lower overall cost: Based on $129.9M vs prior $137M • Lower overall impact: avg. annual over life of $53.49 vs $167 prior • Multiple bond issuances, adjusted schedule, roll-in of earnings contribute to adjustment • Lower impact in first 4 years overlap with prior debt; multiple debt issuances vs single • Considers offsets: $150k/yr from projected refunding savings + conservative earnings