Manchester School OKs $6M in Projects
July 28, 2016 at 4:25 p.m.
By Jordan Fouts-
Members passed project resolutions for Manchester Elementary School, Intermediate School and Junior-Senior High School. Elementary and intermediate building work is estimated at $2.1 million each, and the high school at $1.6 million.
The projects will be funded largely by bond issues. The bulk of renovations is slated for 2013-14, though a reimbursement resolution also passed Tuesday will allow the corporation to fix water issues at the intermediate school this summer.
They voted following a public hearing, during which Dana Wannemacher, vice president of architecture firm Barton-Coe-Vilamaa, broke down spending estimates by category.
The single largest cost at the elementary and intermediate schools – $700,000 – will be in heating and cooling, as new boilers and chillers are installed. Code compliance at the elementary, including installing a sprinkler system in the gym, will cost $500,000; while exterior work at the intermediate, such as the roof drainage system, is estimated at $450,000.
At $500,000, code compliance is also the costliest category for the high school, covering sprinklers, locker rooms and restrooms. Cost is $250,000 for a concession and restroom building, land acquisition and a maintenance/storage building.
All three buildings will also have security, power and technology upgrades, some of which will begin this summer.
Board President Brian Schilling questioned the money estimated for playground equipment at the elementary and intermediate schools, but Steve Shumaker, Manchester business manager, noted a piece of playground equipment can easily cost $40,000 to $50,000.
Members also heard two proposals for bond repayment, a 20-year plan with more flexibility but a total of $3.7 million in interest, and a 12-year plan with a total $2.7 million interest.
The average home in the district would see a property tax increase of about $36 a year under the first plan and $26 under the second, while cost per acre would be $1.76 or $1.25, according to Damian Maggos with City Securities. But he noted he based his projections on a 5-percent interest rate as a “worst-case scenario,” whereas actual rates are likely to be closer to 3 percent.[[In-content Ad]]
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Members passed project resolutions for Manchester Elementary School, Intermediate School and Junior-Senior High School. Elementary and intermediate building work is estimated at $2.1 million each, and the high school at $1.6 million.
The projects will be funded largely by bond issues. The bulk of renovations is slated for 2013-14, though a reimbursement resolution also passed Tuesday will allow the corporation to fix water issues at the intermediate school this summer.
They voted following a public hearing, during which Dana Wannemacher, vice president of architecture firm Barton-Coe-Vilamaa, broke down spending estimates by category.
The single largest cost at the elementary and intermediate schools – $700,000 – will be in heating and cooling, as new boilers and chillers are installed. Code compliance at the elementary, including installing a sprinkler system in the gym, will cost $500,000; while exterior work at the intermediate, such as the roof drainage system, is estimated at $450,000.
At $500,000, code compliance is also the costliest category for the high school, covering sprinklers, locker rooms and restrooms. Cost is $250,000 for a concession and restroom building, land acquisition and a maintenance/storage building.
All three buildings will also have security, power and technology upgrades, some of which will begin this summer.
Board President Brian Schilling questioned the money estimated for playground equipment at the elementary and intermediate schools, but Steve Shumaker, Manchester business manager, noted a piece of playground equipment can easily cost $40,000 to $50,000.
Members also heard two proposals for bond repayment, a 20-year plan with more flexibility but a total of $3.7 million in interest, and a 12-year plan with a total $2.7 million interest.
The average home in the district would see a property tax increase of about $36 a year under the first plan and $26 under the second, while cost per acre would be $1.76 or $1.25, according to Damian Maggos with City Securities. But he noted he based his projections on a 5-percent interest rate as a “worst-case scenario,” whereas actual rates are likely to be closer to 3 percent.[[In-content Ad]]
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