SB Options for BB now

[dpc]

gatormom said:

southsidemom said:

First, I know there is a residential construction slump, but when I look around, there are lots of strip malls and office building still going up. Is this commercial slow down documented?

Second, Turner Construction is HUGE. Our business is peanuts in their portfolio.


Lastly, it's great to look out 5, 10, 15 years from now and guess what people will remember, but what about 2 years from now when a referendum is needed to operate the school built on the golden land. I don't think people's memories are going to be that short, especially with school board elections to remind them.

The more people I have talked to over the weekend, the fewer I find are concerned about the actual price of the land. It seems the biggest concern I run it to is, don't ask me for more money to build it.

It's very hard to separate the two. Most people I have talked to, including ardent Yes voters, don't trust the curreng SB to make the best decision as we were misled into voting Yes based on the price of the land and the projected enrollment.

I sincerly hope that the SB will have an open mind when being presented with all of the options by Dr. D.

[doctorwho]

dpc said:

lacy said:

If by "less long-term flexibility" you mean tearing WVHS down at some future date, I have a problem with that mentality. It seems extremely wasteful to me, as the useful life of that building ought to be much, much longer. I am concerned that is what this SB is trying to do - build a replacement for WVHS.

I couldn't agree with you more Lacy. I, too, sense that some SB members are considering closing WVHS in the future. What else could they be thinking in light of the much lower than projected enrollment numbers.

FWIW, I never bought into the 10,000+ HS enrollment the district and 204 the kids was espousing. I am going on record as saying it will never happen in our lifetime.

yep - that sure would make sense -- even with the lowest projections here - it leaves 9000 hs students -- so NV will hold 4,000 -- is MV going to hold 5,000 ?

Considering some here criticize the last vote as being the result of fear mongering, this type of rumor starting seems hypocritical, no ? What next - toxic waste on BB, really part of area 54 in Roswell ?

What else could they be thinking ? -- where to put 9000 - 9500 high school students --

[justme]

casey said:

For some reason, many are choosing to think that the SD has an extra $10M lying around that they've made off of interest on the bonds. Inacurrate reporting by Britt Carson made it sound like this is what the SD has earned. Definitely NOT true.

The bonds are tax free municipals that are not permitted to earn a rate greater than the rate paid out on the bonds. If we did we'd lose the excess as arbitrage. The government doesn't want arbitrage activity on municipal bonds (a big no-no), so we probably couldn't keep a 22% return even if we could get it. Bottom-line is there's no $10M that's been earned. Again, we need accurate accounting.

Does anyone plan to go to tomorrow night's meeting? I'm thinking that it serves no purpose since it's behind closed doors.

I think this is very important information that the general public should know.

Will Ms. Carson be printing a correction in the Sun? The public should know how much the extra $10 million will cost us really.

Do the Sun editors make their writers accountible for these mistakes? They seem to occur all too often.

[doctorwho]

bob said:

southsidemom said:

That's right, rew, and incumbents who said unequivocally $257/acre was valid and look where we are? What I also heard, was candidates saying we need a plan B. I guess they were wrong

Don't forget candidates that lost and admitted not being good with numbers or candidates that couldn't follow directions of a simple worksheet or candidates that lied that they were a school board member.

Imagine the outrage if a SBM had a conflict of interest with property that is in play now.

There's a reason why they lost .

[bob]

dpc said:

lacy said:

If by "less long-term flexibility" you mean tearing WVHS down at some future date, I have a problem with that mentality. It seems extremely wasteful to me, as the useful life of that building ought to be much, much longer. I am concerned that is what this SB is trying to do - build a replacement for WVHS.

I couldn't agree with you more Lacy. I, too, sense that some SB members are considering closing WVHS in the future. What else could they be thinking in light of the much lower than projected enrollment numbers.

FWIW, I never bought into the 10,000+ HS enrollment the district and 204 the kids was espousing. I am going on record as saying it will never happen in our lifetime.

I don't believe in 10K will ever be hit ever, too. I see 9000 give or take 100 from there. Three HS at roughly 3000.


If they do decide to sell WV, that's $25 mil alone for the land. ;D

[doctorwho]

southsidemom said:

First, I know there is a residential construction slump, but when I look around, there are lots of strip malls and office building still going up. Is this commercial slow down documented?

Second, Turner Construction is HUGE. Our business is peanuts in their portfolio.


Lastly, it's great to look out 5, 10, 15 years from now and guess what people will remember, but what about 2 years from now when a referendum is needed to operate the school built on the golden land. I don't think people's memories are going to be that short, especially with school board elections to remind them.

those who want to be ticked off about everything will be, obviously nothing is ever going to satisfy them -- most will be glad the high school is built.

[southsidemom]

Bob,

You're such a lucky fellow to be so happy with what you got, however, you can put your FUD ( I think that's what u call it) away for now. You'll have plenty of opportunities to use it in 2009.

But wait a minute! Are you saying we should be looking at other land sites now??
.

[justme]

doctorwho said:

macy said:

Gatormom,

I found the exact opposite. More people felt as if it was ridiculous to spend that much more for land. They are very interested in hearing the other options available to us and feel it's a huge mistake to overspend.

Most ( not all ) people I have spoken to ( and mostly covers 4 ES areas since I know these people well from sports) are in line with Gatormom's -- feedback.

And no not all are scheduled to go to MV before you ask.

Most southsiders I encountered over the last few days are outraged at the price and think the SB should inact the illusive plan B.

BTW- the people I spoke with encompass 4 ES areas and only 1 of those ES's are slated for MV.

ALL agreed that MV should be a mirror image in size and amenities to WV & NV.

I completely disagree with the mentality that one reason for MV is to close WV eventually. What a waste!

[bob]

SB issues other $60 million to pay for the cost while the first $65 million collects interest until needed.

The first 65 million sitting in the bank at 4% for 2 years collects $5.2 million. Also collecting interest would be the unspent money from the second offering.

Move the interest to 5% then $6.5 million and add one year for another year of interest since it has been sitting for a year then $9.25 million.

[bob]

southsidemom said:

Bob,

You're such a lucky fellow to be so happy with what you got, however, you can put your FUD ( I think that's what u call it) away for now. You'll have plenty of opportunities to use it in 2009.

But wait a minute! Are you saying we should be looking at other land sites now??
.

in regard to your use of FUD

As the great Inigo Montoya said I do not think it means what you think it means.

But wait a minute! Are you saying we should be looking at other land sites now??

Maybe you should go back and read my posts. I have no problem with another site if it saves money.

[doctorwho]

justme said:

doctorwho said:

Most ( not all ) people I have spoken to ( and mostly covers 4 ES areas since I know these people well from sports) are in line with Gatormom's -- feedback.

And no not all are scheduled to go to MV before you ask.

Most southsiders I encountered over the last few days are outraged at the price and think the SB should inact the illusive plan B.

BTW- the people I spoke with encompass 4 ES areas and only 1 of those ES's are slated for MV.

ALL agreed that MV should be a mirror image in size and amenities to WV & NV.

I completely disagree with the mentality that one reason for MV is to close WV eventually. What a waste!

So most want a mirror image of NV which some even there complain was austentacious ? I agree with amenities being equal between the 3 schools -- no one I have read anywhere is talking about cutting anything from that.

Do you have a gut feel for is they feel the same if plan B is the church property on Eola vs. MACOM ? If there really was a plan to close WV ( and just can't see how that is possible - the last time I saw that comment was on a flier ) - then the Eola property makes more sense, or else they have no school between 75th street and Rt 88.

[macy]

justme said:

doctorwho said:

Most ( not all ) people I have spoken to ( and mostly covers 4 ES areas since I know these people well from sports) are in line with Gatormom's -- feedback.

And no not all are scheduled to go to MV before you ask.

Most southsiders I encountered over the last few days are outraged at the price and think the SB should inact the illusive plan B.

BTW- the people I spoke with encompass 4 ES areas and only 1 of those ES's are slated for MV.

ALL agreed that MV should be a mirror image in size and amenities to WV & NV.

I completely disagree with the mentality that one reason for MV is to close WV eventually. What a waste!

Same here exactly. In fact, about 1/2 of the people I spoke with will not be moving to MV.

All agree on MV being a mirror image in size and amenities to WV and MV.

All were outraged at the price.

[macy]

doctorwho said:

justme said:

Most southsiders I encountered over the last few days are outraged at the price and think the SB should inact the illusive plan B.

BTW- the people I spoke with encompass 4 ES areas and only 1 of those ES's are slated for MV.

ALL agreed that MV should be a mirror image in size and amenities to WV & NV.

I completely disagree with the mentality that one reason for MV is to close WV eventually. What a waste!

So most want a mirror image of NV which some even there complain was austentacious ? I agree with amenities being equal between the 3 schools -- no one I have read anywhere is talking about cutting anything from that.

Do you have a gut feel for is they feel the same if plan B is the church property on Eola vs. MACOM ? If there really was a plan to close WV ( and just can't see how that is possible - the last time I saw that comment was on a flier ) - then the Eola property makes more sense, or else they have no school between 75th street and Rt 88.

DrW,

Where did you read that "So most want a mirror image of NV which some even there complain was austentacious ?"

I didn't see that posted by anyone. I read most wanted a mirror image of size and amenities.

Can you clarify where you read that?

[bob]

I am getting to the point where I would rather pay the BB lawyer bill and leave than ever give them a penny of my tax money.

Let BB get $510k/acre in the open market.

[wvhsparent]

rew said:

I would add, that there is that old RE saying "location, location, location". As much as we desire fiscal responsibility, twenty years from now, no one will care whether the HS cost $124 or $134M. No one will care whether the pool was completed a year after the opening of the school or what carpet went in the hall ways.

The location is the one thing we will never be able to correct.

I am not worried about 20 years from now...I am worried about now, and maybe up to 10 years from now. I have had a problem with the "Location" from day 1 anyway.