Master Property Planning and Facilitation Process Board of Education Update August 18, 2016

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

Review of Update on Master Property Planning and Facilitation Process

Bloomin’ Preschool at Fox Hills Property Name Concept 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 Concept 2A Concept 2B Concept 2C Hickory Grove Site Demolish facility Sell through “Packaged” RFP for residential development Maintain ownership of property for future consideration Maintain ownership of property Maintain facility and review for utilization of possible program(s) Concept 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 Concept 4B Pine Lake Site Review market data relative to possibility of selling through “Packaged” RFP for residential development Concept 5A, 5B, 5C Wabeek Site Sell through “Packaged” RFP for residential development to maintain R-3 HOLD HOLD HOLD Note: Each concept for individual sites are independent and could stand alone as a task/next step for further consideration

Review of Update from Options for Lahser Site

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 facility. “Self-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

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 is working with the Dsitrict’s legal counsel, Clark Hill to draft RFP for lease options. Goal would be to transfer capital and operational costs to leasee for that portion of the facility being leased

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

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

Questions + Answers

Helping to Plan the Future: Greg VanKirk, CPA Partner (248) 223-3395 greg.vankirk@plantemoran.com Paul R. Wills, AIA, LEED AP (248) 223-3316 paul.wills@plantemoran.com