Our state subsidy ends in six years. McKenney has reviewed several possible building configurations, including one with 3,262 square feet. We would like to move on this. We would need a referendum vote, a building permit, and we would like to go to the bond market in September. We do have preliminary approval for septic from the state Department of Emvironmental Protection.
Timing is important.
We should get a very good rate on a bond now. The floor plan McKenney worked out includes space for the superintendent, the assistant superintendent, two secretaries, a bookkeeper, payroll clerk, director of facilities, special education director, a conference room, two bathrooms, a small kitchen and lunchroom, closet space, a work room and a waiting area. Jensen was optimistic, thinking of a 10-year bond. These seem like reasonable numbers. I think we might do this for less than we are budgeting now for rent.