DESCRIPTION OF PROPOSED SCHOOL CONSTRUCTION PROJECT
Wrenshall Public School District, ISD# 100-01, is proposing a single-question bond referendum on May 14, 2019, that would authorize $14.4 million in bonding authority to finance: HVAC/fire suppression upgrades, deferred maintenance projects, a secure entrance with administrative office relocation, a single gymnasium addition, repurposing of the existing swimming pool, renovations and upgrades to the existing recreation building.
The projects would be scheduled for completion in the 2020-2021 calendar years. Cost estimates by ballot question/project type are as follows:
HVAC Upgrades/Fire Suppression $6,691,800
Gymnasium Addition $2,036,097
Elementary Renovations $1,416,297
Repurpose Swimming Pool $1,312,566
Recreational Building Upgrades $740,880
Asbestos Abatement $508,921
Roof Replacement $556,983
Window Replacement $94,594
Secure Entrance/Admin Relocation $396,900
Gym Floor Replacement $99,225
Science Room Relocation $347,287
Bond Issuance $77,300
Net Capitalized Interest $135,096
The district has supplied cost estimates to operate and staff the additional building space and believes existing revenues will be sufficient to fund any operational cost increases associated with the proposed facility additions. In addition, the school board believes the proposed projects are in the best long-term interest of the district.
If the bond referendum is successful and bonds are sold, the debt service on the bonds will be eligible for debt service equalization under Minnesota Statutes, section 123B.53, subdivision 3, if the bond schedule is approved. The amount of debt service equalization aid, if any, the district receives is determined annually and is dependent upon property wealth, student population, and other statutory requirements.
Review and Comment Statement
Based on the department's analysis of the school district's required documentation and other pertinent information from sources of the Minnesota Department of Education, the Commissioner of Education provides a positive review and comment.
Additional Information is Available
Persons desiring additional information regarding this proposal should contact the school district superintendent's office.
/s/ M. C. Ricker
Mary Cathryn Ricker, NBCT
April 10, 2019
Pine Journal: April 18, 2019 #2744536