Remsenburg – Speonk Union Free School District

Elementary School Bond Planning Presentation

October 12, 2010

BBS Architects and Engineersand Triton Construction

Statement of Intent(May 2009 School Focus Group)

• Selected Program should result in an efficient building that will provide our students with the finest primary education that we can offer.

• Priorities should maximize the educational experience of our students while giving sufficient flexibility to School District planning

Problem Conditions in Existing Building

1. Gymnasium/ Cafeteria/ Auditorium in one common All Purpose Room.

• Also short on supporting storage areas.

2. Small kitchen area with insufficient serving line and storage facilities.

3. Small Library separated from Computer Room and housed in a 20 year old temporary structure.

4. Shortage of one flexible full size classroom space.

• 10 yr Demographic projection, 206 potential, need for 11 rooms

Problem Conditions in Existing Building

5. Science and Spanish require a full size room.

6. Shortage of Small Group instructional space.

• ELA AIS, Math AIS, ESL, Flexible small group testing.

7. Shortage of storage.

• Cafeteria tables, gym equipment, outdoor equipment, business and academic records.

Selected Programmatic Elements

1. New Cafeteria, Kitchen, and associated storage areas.

• Folding wall for flexibility of use.

2. New Library and Computer Room.

3. One full size classroom for shared use as Science and Spanish.

4. Renovation of existing Computer Room and Kitchen to four Small Group instructional rooms.

Selected Programmatic Elements

5. Replace office for Technology and supporting Network Closet.

6. Additional Student and Faculty toilet rooms and additional storage facilities.

7. Relocated Baseball Field

• Positioned to allow minimum full size soccer field

Projected Costs• Estimated Total Project Costs $6,079,265

• Incorporation of Districts Excel Funding (+ 10% Aid) ($68,720)

• Reallocation of Existing Capital Reserve Funding ($320,000)

• Projected Bond Costs $5,690,545

Costs Include:

• 11,461 s.f. New Construction, 1,528 s.f. of Interior Renovation,

• Demolition of existing Library,

• Classroom, Library and Computer Room technology, equipment, furniture, and casework,

• Relocation of field,

• Mechanical, Electrical, and Plumbing upgrades,

• Contractor General Conditions, Design and Construction Contingencies, Cost Escalation, Owner Soft Cost and Professional Services Fees.

Potential Tax Impact

Proposed Serial Bond

First Year (2011-2012)Estimated

Debt Service

Current Assessment

Tax Rate Per $1000

Annual Property Tax for Home with Assessed Value of

$500,000 $1,000,000 $1,500,000

$5,690,545 $465,072 2212739300 $0.2102 105.09 210.18 315.27

Potential Tax Impact information is provided byMunistat Services Corporation based on a 5% interest rate and a 20 year bond period.

Potential Time Line• Board of Education Adoption of SEQRA October 12, 2010 and Funding Resolutions (Bond, Excel, Capital Reserve)

• Vote Date December 7, 2010

• Design Development and Dec. 2010 - August 2011 Construction Document Production

• Submission and Review by Sep. 2011 – December 2011 NY State Education Department

• Bid and Award Jan. 2012 – February 2012

• Construction June 2012 – August 2013

• Occupancy September 1, 2013

Potential Operating Costs

Annual Cost

Current Assessment

Tax Rate Per $1000

Annual Property Tax for Home with Assessed Value of

$500,000 $1,000,000 $1,500,000

$38,168 2212739300 $0.0172 8.62 17.25 25.87Utilities:Oil & Electricity $23,168

Custodial Services $15,000

Potential Tax Impact information is provided byMunistat Services Corporation based on a 5% interest rate and a 20 year bond period.

PotentialOperating Costs:

Utilities & Custodial Services