Master Property Planning and Facilitation Process Board of Education Update July 29, 2016

2  Presentation Overview  Update from Community Forum Review of Concepts/Considerations  Update from Options for Lahser Site  Update on Request for Development/Proposals Process and Next Steps  Questions/Answers

3 Review of Update on Master Property Planning and Facilitation Process

Property NameConcept 1C Lahser Site Hold onto Property Maintain field house, gym, and locker rooms for BHS use Demolish remaining portion of facility Review possible lease spaces with long-term agreements for pool, auditorium, athletics facilities Property NameConcept 2AConcept 2BConcept 2C Hickory Grove Site Demolish facility Sell through “Packaged” RFP for residential development Maintain ownership of property for future consideration Demolish facility Maintain ownership of property Maintain facility and review for utilization of possible program(s) Property NameConcept 3A Bloomin’ Preschool at Fox Hills Maintain ownership of entire site Review market data relative to possibility of selling 10 acres for highest/best use Utilize funds from real estate sale for capital improvements Property NameConcept 4B Pine Lake Site Demolish facility Maintain ownership of property for future consideration Review market data relative to possibility of selling through “Packaged” RFP for residential development Property NameConcept 5A, 5B, 5C Wabeek Site Sell through “Packaged” RFP for residential development to maintain R-3 4 Note: Each concept for individual sites are independent and could stand alone as a task/next step for further consideration HOLD

5 Review of Update from Options for Lahser Site

6 OPTIONS FOR LAHSER SITE “Hold”Holding costs equate to over $450,000 in annual costs for Lahser Site. These costs include utilities, maintenance, insurances, testing, and monitoring costs for the Lahser facility. “Develop”Critical needs include $75,000 for Pool Area Critical needs include $150,000 worth of Roofing Area Deferred needs include $600,000 to $800,000 for HVAC controls Deferred need include $690,000 to $730,000 for rooftops units Deferred need above these item are $11.3M

7 OPTIONS FOR LAHSER SITE “Demolition”Anticipated costs for abatement are $600,000 to $800,000 Anticipated costs for demolition range from $1.2M to $1.5M “Lease”PMC to work with Clark Hill to draft RFP for lease options. Goal would be to transfer capital costs to leasee of the facility area

8 Review of Update on Request for Lease Development/Proposals Process and Next Steps

9 Early August 2016Request for Proposal (RFP) issued for Lease Options, advertised on District and State website Late August 2016RFP response due date; PMC and Clark Hill to review technical and financial information from proposal responses Early September 2016PMC and Clark Hill provide an update to the Board of Education regarding each of the proposals received and discuss next steps Mid September 2016PMC present an update to the Advisory Committee regarding proposals received. The Advisory Committee to review the the proposals received and provide insight for Board review October 2016PMC provides potential recommendations for Lahser Update on Master Property Planning

10 Questions + Answers

Helping to Plan the Future: Greg VanKirk, CPA Partner (248) Paul R. Wills, AIA, LEED AP Partner (248)