Wawasee Moves Forward on $2M in High School Renovations
July 28, 2016 at 4:25 p.m.
By Kathy [email protected]
Included in the list of about 17 items totaling $2 million is a new entrance at the football field; a building housing concessions, restrooms and ticket office; additional parking spaces behind the stadium; a concession and restroom building at the entrance to the soccer field and tennis courts; new softball and soccer bleachers; and upgrades to the training room and technology area.
Since no more than five percent of the work can come from capital project funds, the school will borrow money from bonds. A Wawasee High School Building Corp. was founded years ago, according to Wawasee Community Schools Corp. attorney David Cates.
This corporation, through its members Casey Hartley, North Webster, Kimberly Herr, Syracuse, and Will Linnemeier, Milford, secures the funds and then turns around and leases it to WCSC. This method is less expensive and keeps the interest rate lower than if the WCSC applied for the money.
Financial department head Jim Evans laid out tax implications of these projects. A primary residence valued at no more than $200,000 would see an estimated annual tax rate increase of $4.89 the first three years, and $8.90 for the next 17 or so years, assuming a 20-year loan. Second residences would be charged higher taxes; for example, a second residence with an assessed value of $300,000 would result in an initial annual tax bill of $14.85, going up to $27.03 after three years.
The board approved the project resolution and the means to obtain funds.
The board also accepted a $10,000 donation from the North Webster PTO to be used for the school’s library. The project includes new pieces of “reading-friendly” furniture, many new books and an Apple TV for options for learning.
No changes were made in the board’s organization. Rebecca Linnemeier will remain president this year, and the meeting schedule will remain the second Tuesday of the month, with an exception to that calendar in April.
The school calendar for the 2014-2015 school year was approved, and according to Superintendent Tom Edington, it remains much the same as this year’s.
The board recognized the accomplishments of eight middle school robotics team state competitors. Team sponsor Ryan Edgar explained what the boys created and how they placed well at the state level for their first year.
“Next year,” he said, “I want to form an all-girls team.”
The board also congratulated staff for successfully unplugging equipment to save power during the holiday break, which extended into a weather-related break.[[In-content Ad]]
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Included in the list of about 17 items totaling $2 million is a new entrance at the football field; a building housing concessions, restrooms and ticket office; additional parking spaces behind the stadium; a concession and restroom building at the entrance to the soccer field and tennis courts; new softball and soccer bleachers; and upgrades to the training room and technology area.
Since no more than five percent of the work can come from capital project funds, the school will borrow money from bonds. A Wawasee High School Building Corp. was founded years ago, according to Wawasee Community Schools Corp. attorney David Cates.
This corporation, through its members Casey Hartley, North Webster, Kimberly Herr, Syracuse, and Will Linnemeier, Milford, secures the funds and then turns around and leases it to WCSC. This method is less expensive and keeps the interest rate lower than if the WCSC applied for the money.
Financial department head Jim Evans laid out tax implications of these projects. A primary residence valued at no more than $200,000 would see an estimated annual tax rate increase of $4.89 the first three years, and $8.90 for the next 17 or so years, assuming a 20-year loan. Second residences would be charged higher taxes; for example, a second residence with an assessed value of $300,000 would result in an initial annual tax bill of $14.85, going up to $27.03 after three years.
The board approved the project resolution and the means to obtain funds.
The board also accepted a $10,000 donation from the North Webster PTO to be used for the school’s library. The project includes new pieces of “reading-friendly” furniture, many new books and an Apple TV for options for learning.
No changes were made in the board’s organization. Rebecca Linnemeier will remain president this year, and the meeting schedule will remain the second Tuesday of the month, with an exception to that calendar in April.
The school calendar for the 2014-2015 school year was approved, and according to Superintendent Tom Edington, it remains much the same as this year’s.
The board recognized the accomplishments of eight middle school robotics team state competitors. Team sponsor Ryan Edgar explained what the boys created and how they placed well at the state level for their first year.
“Next year,” he said, “I want to form an all-girls team.”
The board also congratulated staff for successfully unplugging equipment to save power during the holiday break, which extended into a weather-related break.[[In-content Ad]]
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