QUESTION #1: Is it fiscally feasible for South Kingstown

QUESTION #1: Is it fiscally feasible for South Kingstown to build a new High School instead of rehabbing the existing High School on Columbia Street?

Unfortunately, the answer to this question isn’t as simple as providing a number and saying “this is the price we can afford to pay.” Affordability is a function of cost, income (revenue), and tradeoffs. To provide a framework within which the question of affordability can be answered, we need to know (1) how much it would cost to build a new High School, (2) what our anticipated revenue will be, and (3) what we would have to give up. How much would it cost to build a new High School? For our purposes, the cost of constructing any new building depends on:

(1) Land acquisition, (2) Overcoming site constraints

a. Clearing or demolition, b. Utility preparation and provision, c. Access, and d. Topographical,

(3) Construction labor, (4) Materials, and (5) Soft costs -- non-construction labor and services (architecture, legal, etc).

Land acquisition If the Town had to purchase land, procuring a large enough parcel would likely cost in excess of $2M (assuming a land cost of $120,000 per acre and a 20 acre parcel). On the other hand, if Town-owned property can be used, then there would be no cost for land acquisition. South Kingstown currently owns two sites that might be large enough for construction of a High School for 900 to 1,000 students: (1) The Broad Rock Middle School (BRMS) site, and (2) The Curtis Corner Middle School (CCMS) site. The School Building Committee has discussed the possibility of relocating the High School to the Broad Rock Middle School building and adding on to that building, as opposed to demolishing the Curtis Corner Middle School building and building a new structure at that site. Using the BRMS building would result in substantial cost savings. However, the Committee is concerned that the site suffers from severe road infrastructure limitations that would be impossible to completely remedy. The second possible site consists of two adjoining Town-owned parcels that currently house the Curtis Corner Middle School, the South Road School building, and several municipal playing fields. The first parcel is 50.78 acres and the second is 52.69 acres. (See Attachment A: Site Map of Broad Rock Middle School, and Attachment B: Site Map of Curtis Corner Middle School and Adjoining Property).

Feasibility of New High School Construction Pg 2

Overcoming site constraints

The Curtis Corner/South Road/Playing Fields site has four primary site constraints.

a. Topographical constraints. Of the 103 acres contained within the two parcels, approximately 50 acres are covered by wetlands and another 25 acres are steeply contoured, leaving about 25 acres that can be developed. Most of the developable parts of the site have already been built on – for the two existing school buildings, and athletic fields. Neither of the existing school buildings can support a second story, and neither could be easily adapted to high school use.

b. Utilities. Only the southeastern portion of the site (where the Curtis Corner Middle School building is located) is serviced by public water, sewer, gas, and electric utilities. The western part of the site (where the South Road School building is located) is serviced by water, electricity, and gas; there is no public sewer service currently available. The northern part of the site (where the playing fields are located) is served only by electricity, and would require substantial utility work to support a building of any type.

As the Town Engineer points out in his report (Attachment C1), the sewer service currently available at Curtis Corner Middle School is not adequate to serve a High School (950 students plus faculty and staff) and would have to be upgraded. The Town Engineer’s preliminary estimate is that about 300 linear feet of sewer main would have to be replaced at a cost of approximately $352,000. (Attachment C2)

c. Access. The current entrance to Curtis Corner Middle School is on Curtis Corner Road. There are two curb cuts onto Curtis Corner Road that serve the school building and some of the athletic fields. There is a third curb cut that serves the Administrative Building and additional athletic fields. No other access or egress is available. While no recent traffic study data are available, anecdotal evidence supports the assertion that traffic congestion is a significant – but not catastrophic – problem in the morning and when school lets out.

Because the Town owns land with frontage on both Curtis Corner Road and South Road, it would be possible to build a front and a back entrance to a new High School Building. To build an access road from South Road to approximately where the Curtis Corner Middle School building is currently located would cost about $1,000 per linear foot.

d. Clearing and demolition. The portion of the site most likely to support a High School is the area where the Curtis Corner Middle School building is situated. Using a recent demolition estimate from an estimator for a similar project, we can assume that demolishing the building and paved areas around the building will cost about $600,000. (Attachment D)


Construction Costs – Labor and Materials Based on an estimate prepared by Dimeo Construction, a firm that regularly builds school buildings, the cost of constructing a new 900-student High School (exclusive of soft costs such as architecture, engineering, furniture, and fixtures) would be about $63,685,000 (Attachment E). Dimeo based their estimate on the finishes and design of Hand High School in Madison, CT (Photos Attachment F). Soft costs -- non-construction labor and services (architecture, up-front finance charges, legal fees, etc). RGB has expanded on Dimeo’s construction-only estimate and believes that a new High School would cost approximately $97,156,416 with architecture, engineering, furnishings, and fixtures. (Attachment G). Other soft costs include bond advisor fees and legal fees. These are estimated to less than $500,000. Total Cost The grand total cost for constructing a new High School at the current Curtis Middle School location is estimated to be between $100M and $145M depending on where the facility is built (adding to Broad Rock Middle School building v. demolishing the Curtis Corner Middle School building and build new). It is important to note that this cost estimate does not factor the opportunity costs associated with forgoing other possible development opportunities at the site. The Town, obviously, cannot build a new High School at the CCMS and also sell the land to a residential or mixed use project developer. While the Town has no plans for private development at the site, is it worth noting that 25 acres in the R20 zone could yield about 55 units of housing. Assuming an average value of about $350,000 per unit, such private development would generate about $278,000 per year or about $5.5 million in tax revenue over 20 years. Cost Expressed as an Annual Expenditure See the Fiscal Analysis (Estimated Values) prepared by the Town’s Finance Director (Attachment H). Revenue South Kingstown has enjoyed slow steady growth. Our tax rolls increase at about 1% each year. The Town has resolutely pursued a land use development strategy that promotes modest increase in the housing stock, while preserving the rural character of the community. While this approach maintains the high-quality of life residents cherish, it does not generate significant increases in property tax revenues.


The debt loading structure built into the Town’s Capital Improvement Plan is based on a detailed review of individual project urgency, municipal borrowing capacity, and an evaluation of non-property tax financial resources. A critical consideration in the development of the debt schedule is the identification of third-party revenue sources. In the past, Fair Share Development Fees were collected on new residential construction and were incorporated into the proposed debt service schedule. These funds were used to lessen the impact of debt service payments on the property tax rate. However, the development fees have been discontinued effective July 2019. Without these non-property tax revenues, the only remaining third-party revenue source available to assist in paying down debts associated with school construction is the State school housing aid program. The State of Rhode Island, by statute, reimburses a municipality for thirty percent (30%) of the principal and interest costs associated with the borrowing of funds for the renovation, construction, or expansion of school facilities for all bonds issued prior to July 1, 2010. The current minimum state share ratio for Housing Aid, established in 2012, is 35% of all approved project and borrowing costs. The South Kingstown School Department has Rhode Island Department of Education (RIDE) approval for projects referenced for completion during the first two years of the CIP. All projects scheduled in the final four years of the six-year program will be required to obtain RIDE authorization to be eligible for State School Housing Aid. Should RIDE revise eligibility guidelines or reduce funding share ratios reevaluation of the presented School Facilities Improvement Plan will be required. As of the development of this document, the School Department has submitted Stage 1 – Preliminary Approval of a School Facilities Project Application, and Stage 2 – Necessity of School Construction is planned for submission in September 2019. All revenues and expenditures are based on current votes by the governing bodies of the School Committee and Town Council and predicated on estimates provided by the Architect. For illustrative purposes, the share ratio approved by RIDE is 52.5% and is used in calculating reimbursement for the upcoming school construction projects. Tradeoffs Facilities v. Program. Every dollar spent on the debt service is a dollar that cannot be spent on the direct provision of educational services. As we increase our level of debt, we increase the proportion of tax dollars that are paid to investors and reduce the portion available for teachers and program enhancements. Bond rating. A municipality’s bond rating is essentially its credit score. Our bond rating is a signal to bond purchasers of the level of risk associated with lending us money directly or making a subsequent purchase of debt instruments (bonds) which we have issued. There are three major ratings agencies that evaluate the risk of lending to various bond-issuing institutions. Not all of the agencies consider every municipality. In the case of South Kingstown, only Moody’s has given a rating. The Moody’s rating system consists of nine basic gradations from best (“Triple A”) to worst (“C”) with Triple A indicating the lowest possible risk and C


indicating the highest risk. Municipalities with the best ratings enjoy the lowest interest rates on their bonds. The full Moody’s rating structure is summarized on the following table:

Rating* Level of Risk to Bond Purchasers Interest Rate Paid by Municipality Aaa Lowest

Highest

Lowest Highest

Aa A Baa Ba B Caa Ca C

*Moody’s sometimes uses numbers to distinguish between peers within a ratings class. So, Aa1 is a better rating than Aa2. To put things in perspective, a bond issued by an entity with a Moody’s rating of Baa3 or lower is considered a “high-yield” or “junk” bond suitable only for investors willing to take on risky investments.

South Kingstown has a high credit rating of Aa1 and therefore enjoys lower interest rates than many other municipalities. Further, because our bonds are viewed as less risky than those issued by other municipalities, we have the ability to prescribe terms that other towns may not be able to – such as early repayment provisions. As with consumer credit ratings, our rating is in part a function of our debt-to-income (or revenue) ratio. The more we borrow, the less likely it is that we will be able to maintain our high rating and the more we will pay in interest on future borrowing. Like many communities with good credit ratings, South Kingstown has judiciously preserved its high rating by adhering to best borrowing practices and responsible debt management debt (including early retirement of debts when possible). Bond ratings can change over time. Just because a town starts out with a strong rating doesn’t mean it can’t get downgraded as its financial circumstances change. As we take on new debt, we need to be careful not to negatively impact our rating. QUESTION #2. How many other facilities would need to close to realize the operational savings necessary to build the new HS?

Again, the answer to the question isn’t a simple number. Facility closures (in school districts, in government generally, and in the private sector) always involve an analysis of both monetary and programmatic factors. The decision to make a tradeoff between facilities involves both financial and value judgements.

https://www.fool.com/retirement/2017/06/27/illinois-just-got-downgraded-heres-why-municipal-b.aspx


The matrix below provides a summary of tradeoff decisions that would impact school facility closures if a new High School were to be built at the site currently occupied by Curtis Corner Middle School:

School Operational Rationale for Closing if a new High School were built

Operational Rationale for Keeping if a new High School were built

SKHS - Columbia Redundant with new building None CCMS Demolished for new HS None SKSD Admin. Co-located at CCMS Site Not eligible for state reimbursement BRMS None Only remaining middle school

Building is relatively new and in good condition

MES Operational savings and increased space utilization rates

Geographic proximity to students

PDES WES WKES

A Basic financial analysis

The operational cost savings to be realized by closing an elementary school in South Kingstown were estimated by the Educational Legacy Planning Group (ELPG) to be about $960,000 per year. Assuming a 4% interest rate on a 20-year bond, every $1M in municipal debt requires approximately $36,000 in annual debt service payments. So, if every dollar of operational savings were committed to paying debt service, the closure of an elementary school would support about $26M in bond debt.

The difference between rehabbing the current High School building on Columbia Street and constructing a new High School is estimated to be approximately $55M to $60M. If the additional debt load had to be repaid using only operational savings, then using ELPG’s estimate two elementary schools would have to be closed – and even that might not be enough to cover the entire additional debt service payment. However, because the state is offering assistance and will pay up to 52% of the cost of debt service, the community’s contribution would be about half of the total additional annual cost – or about $1M, which is slightly more than the operational cost avoidance associated with closing elementary school. It should be noted, however, that ELPG’s cost avoidance analysis considered only the building operation and labor expenses, and did not evaluate additional transportation costs or the increased demand for maintenance or improvements for facilities receiving students and staff from the shuttered schools.

It cannot be overstated that the costs and benefits associated with closing a facility are not just monetary. Knowing how much money might be saved by closing a facility doesn’t provide an answer to the question “how should the savings be reinvested?”


QUESTION #3. What are the operational savings of closing each of the buildings (see #2)?

ELPG estimated that closing Curtis Corner Middle School would realize a net savings of $601,000 annually. Estimates by members of the community based on budget analyses have ranged as high as $1,556,000. See the response to QUESTION #2 above for a further discussion estimated cost savings.

Curtis Corner Middle School Personnel Savings $1,280,000 Utilities Savings 100,570 Deferred Maintenance 2028 Savings 1,422,800 TOTAL $2,803,370

The amounts listed in the table above reflect gross savings and do not take into consideration the costs associated with relocation of students at both the elementary and middle levels.

QUESTION #4. After those facilities (#2) are closed, what building/construction needs would there be on the remaining schools to accommodate students? It seems reasonable to utilize the mean between the low and high projected enrollment numbers (NESDEC and McKibbons).

The School Building Committee specifically considered four scenarios: construction of (1) a new building on a new site, not currently owned by the Town, (2) a new high school facility at the same location as the current building, (3) constructing a new high school where Curtis Corner Middle School is located, and (4) construction of a high school at the current location of the Broad Rock Middle School. None of these scenarios - by themselves - would require closure of schools or additional new building construction. However, the high school at Broad Rock scenario would require a complete renovation of the Curtis Corner Middle School, and a small addition to that building. See Attachment L for a summary of the various space capacity measures. What drives the need to close facilities is the necessity of identifying savings to pay for either facility improvements and program enhancements. The SBC notes that in order to completely offset the cost of construction or renovation of a school building, approximately $35,000 in operational or program savings must be made for each $1 million in construction. Closing schools is one way of reducing operational savings. And each school closure is estimated to save between $600,000 and $1.5M annually. Such savings could be recommitted to facilities improvements or program enhancements, and would be subject to change over time.


See Attachment J for an estimate of the cost of construction under the Curtis Corner site scenario. See Attachment K for the costs estimate associated with converting the Broad Rock school building to high school use. QUESTION #5. What are those associated costs (#4)?

Assuming that the Priority 1 and Priority 2 items listed in the Jacobs reports are the only building remediation projects that must be done at the elementary schools, the cost of making the needed improvement is $9.32M with the Town’s post-reimbursement share being $4.7M.

5-Year Life Cycle Matunuck Elementary $1,119,176 Peace Dale Elementary 4,463,040 Wakefield Elementary 2,399,086 West Kingston Elementary 1,335,346 TOTAL $9,316,648

*Jacob’s Report 2017 Priority 1 2 TOTAL Matunuck Elementary $158,446 $2,750,473 $2,908,919 Peace Dale Elementary 0 1,378,336 1,378,336 Wakefield Elementary 0 1,931,573 1,931,573 West Kingston Elementary 152,091 1,735,368 1,887,459 TOTAL $310,537 $7,795,750 $8,106,287

*Jacob’s Report 2017

QUESTION #6. How many children would be projected in each of the buildings?

This question cannot be answered based solely on facility characteristics. Program design and housing preferences determine how many students are assigned to a school and or a classroom. The Rhode Island Department of Education suggests that three measures of school building capacity should be used in conjunction with each other when making housing choices.

The first measure, which it calls “LEA Capacity” represents the maximum number of students who could be housed in a school if all teaching stations were used to the fullest extent allowed under the terms of the Local Education Authority’s collective bargaining agreements. The second measure of capacity, which the department calls “Aspirational Capacity” a square-foot-per-student ideal to indicate how much space should be allotted to each learner in a building or classroom. The third measure is what the department refers to as “Functional Capacity” which describes how a district’s facilities are actually being used; functional capacity addresses the question “what is the capacity of a room or building with the number of students and staff currently occupying it?”


Ultimately, how a classroom should function in support of the educational mission of the schools is policy question within the authority of the School Committee to answer.

Question #7. Is Curtis Corner and South Road School (lots are combined) a viable building site?

Probably. See the Town Engineer’s Report (Attachment C1). The site is serviced by utilities, but upgrades would be necessary and depending on where on the site the building was placed, there may be the need to extend the utilities.

Question # 8. What would debt service require/be at the $105M-$125M cost point? What does this do to the other facility’s construction requirements? How much operational savings would need to be realized annually to be able to afford a new HS while we are facing decreased state and federal funding?

See the Financial Analysis (estimated values) prepared by the Town Finance Director (Attachment H).

QUESTION #9 A. Community members have been concerned about giving up the Curtis Corner site for future schools long-term vision/50 years. Is there another way to make sure that we aren’t locking ourselves into a poor long-term configuration? Of all of the land currently owned by the Town of South Kingstown, the Curtis Corner/South Road property is the best location for a high school. It’s equidistant from the Town’s eastern and western boundaries and the site is connected to every major utility. There is ample space to build a school for 1,200 students and required parking. Additionally, it is co-located with the district’s football field/running track, tennis courts, a soccer/lacrosse field, and baseball field. Its southern boundary is also the boundary of the South County Bike Path, and an established network of running trails encircles the area. QUESTION #9B. Is there a way to procure property acquisition around the HS? Not in the short run because SKHS is bounded by residential development (see attached GIS maps). However, if the Town were to commit to acquiring properties as they become available, a strategy of incremental assemblage could be used to increase public land holdings and provide room to grow in the future. One way the high school site could be expanded would entail purchasing the property just east of the Hazard School athletic field. Adding that parcel would bring the overall acreage to 16 acres, big enough for a combination football field and six-lane running track, but might require a waiver from provisions in the original Hazard property deed.

QUESTION #10. Look at examples of comparable sales for the HS? What is the realistic value of sale?


There are no comparable sales data. No similar large public buildings have been sold in the South County market in recent years and no specialty buildings in excess of 100,000 square feet have been sold.

The investment value of property in the private market depends on the use to which a building or land might be put. Assuming that the Columbia Street parcel would be zoned R-10, the highest density use to which the land might be put is multifamily housing units. The 15+/- acres site would yield about 135 units, which at an average unit sales price of $350,000 would generate home sales totaling $47M. (Incidentally, such a development would generate $683,000 in taxes each year).

QUESTION #11. What does a 7-12 High School look like in regards to construction costs? Does it provide savings?

Maybe. If land had to be acquired this would be a bigger deal.

QUESTION #12. Are there differences in operational savings between new construction vs. renovation?

Maybe. Heating and lighting school buildings is one of the biggest expenses school districts face. Significant operational savings can be realized through design and materials choices that reduce energy consumption and improve building operations. It may be easier to include new materials or incorporate new designs into a new construction project, but many renovation projects are successful in dramatically reducing resource waste. See Attachment I: Estimated operational cost savings new building v. renovated building QUESTION #13. Could a football field and track be constructed at Old Mountain Field to address the issue of proximity to the current High School building?

Yes.

QUESTION #14. What operational savings would we automatically see with new high school vs renovation of existing?

See Attachment I: Estimated operational savings from new versus renovated high school building.

QUESTION #15. Should a 9-12 school be built, or a 7-12 school be built with a wing dedicated to 7&8? This could allow 5&6 to be at BRMS (no addition needed), and elementary schools to remain PreK-4. What savings would be realized?

Ultimately, this is a policy question.


In terms of what might be saved by housing 7th and 8th graders in the same building or on the same campus as high school students: the following table provides a summary:

Category of Cost Savings Description Estimated Value

Construction Avoidance No addition to BRMS Up to $16M

Transportation One destination Unknown

Building systems Larger but fewer Unknown

QUESTION #16. If CCMS is closed, and renovation of the high school is chosen over building new, where will the Administration Building be housed? The State of Rhode Island will not provide financial assistance for the construction of school administration space that is not part of a school and associated with the direct operation of that school. So, because the construction an administration building would not be reimbursable, every effort should be made to maintain the current building. There are limited alternative locations including – possibly – the Hazard School Building and the South Road School. QUESTION #18. What revenues can be anticipated from the sale/rental of the existing high school? Can this help to support the cost of building new? Please refer to the response to Question #10.


List of Attachments Attachment A: Ariel Photographs of the Broad Rock Middle School Site Attachment B: Ariel Photographs of the Curtis Corner Middle School Site Attachment C1: Town Engineer’s Analysis of Curtis Corner Middle School Site Attachment C2: Town Engineer’s Sewer Upgrade Cost Estimate Attachment D: Demolition Cost Estimate Attachment E: Construction Cost Estimate with non-construction labor Attachment F: Photograph of Building that was the Basis for Cost Estimate Attachment G: RGB Revised Construction Cost Estimate (including Soft Costs) Attachment H: Finance Director’s Fiscal Analysis Attachment I: Estimated operational cost savings new building v. renovated building Attachment J: Estimated cost to construct at the Curtis Corner site Attachment K: Estimated cost to construct at the Broad Rock site Attachment L: Summary of various space capacity measures


Attachment A: Ariel Photographs of the Broad Rock Middle School Site


Attachment B: Ariel Photographs of the Curtis Corner Middle School Site


Attachment C1: Town Engineer’s Analysis of Curtis Corner Middle School Site


Attachment C2: Town Engineer’s Sewer Upgrade Cost Estimate


Attachment D: Demolition Cost Estimate


Attachment E: Construction Cost Estimate


Attachment F: Photographs of Building that was the Basis for Cost Estimate


Attachment G: RGB Revised Construction Cost Estimate (including Soft Costs)

Town of South Kingstown

New High School Concept

ROM Budget Assumed SF 180,000

Sitework 6,500,000.00$ SF 36.11$

Landscape and Site Improvements 425,000.00$ SF 2.36$

Concrete 3,150,000.00$ SF 17.50$

Masonry 7,500,000.00$ SF 41.67$

Structural 4,500,000.00$ SF 25.00$

Metals 800,000.00$ SF 4.44$

Carpentry 200,000.00$ SF 1.11$

Waterproofing and Roofing 2,000,000.00$ SF 11.11$

Windows & Glass 1,910,000.00$ SF 10.61$

Doors, Frames, Hardware 850,000.00$ SF 4.72$

Drywall 1,250,000.00$ SF 6.94$

Flooring & Ceilings 2,750,000.00$ SF 15.28$

Paint 625,000.00$ SF 3.47$

Specialties 1,500,000.00$ SF 8.33$

Equipment 1,200,000.00$ SF 6.67$

Vertical Transportation 325,000.00$ SF 1.82$

Fire Protection 1,000,000.00$ SF 5.56$

Plumbing 2,600,000.00$ SF 14.44$

HVAC 7,500,000.00$ SF 41.67$

Electrical 7,400,000.00$ SF 41.11$

ROM Cost 53,985,000.00$ SF 299.92$

Fees / Insurance / Permits / Contingencies 8,700,000.00$ SF 48.33$

Subtotal of Hard Cost 62,685,000.00$ 348.25$

Soft Costs (A/E Fees & FF&E) 20% 12,537,000.00$

Subtotal 75,222,000.00$

Design / Consultation Contingency 15% 11,283,300.00$

Subtotal 86,505,300.00$

Demolition of Existing Admin Bldg (estimate) 300,000.00$

86,805,300.00$

Inflation 2019-2021 (6% x 2 = 12%) 10,416,636.00$

Total Estimate in 2021 dollars 97,221,936.00$

Other Costs

Bond Cost - to be determined

Attorney's fee - to be determined

The above assumes no site acquisition cost; utilities are available on site; and no environmental or

suitable soil issues on site and that the sub-surface material is acceptable to build on.


Attachment H: Finance Director’s Fiscal Analysis


Attachment I: Estimated operational cost savings new building v. renovated building

INTEROFFICE MEMO

Project: South Kingstown School Department RGB #: 6420

To: South Kingstown School Committee

From: Tracey Donnelly Date: 5/24/19

RGB was asked to explore the potential operational savings of a new high school vs. the existing high school:

Based on a typical base energy model, the annual cost per SF for facility operations would be:

$1.457 x 162,184 SF = $236,268 annually The utility cost for the High School for the last fiscal year was $273,433.

The anticipated operational savings for a new High School would be: $273,433 - $236, 268 = $37,165 per year.

The cost savings noted above is calculated with central cooling at the new facility. The existing High School does not have a central cooling system. To compare the efficiency between the two buildings, if the cooling cost was not included in the calculation, the operational savings of the new facility would be:

$1.31 x 162,184 SF = $212,461 annually

The anticipated operational savings for a new High School would be: $273,433 - $212,165 = $61,268 per year.

Attachment I


Attachment J: Estimated cost to construct at the Curtis Corner site

INTEROFFICE MEMO




Dear School Committee:

RGB was asked to explore a scenario of constructing a 7-12 grade school on the CCMS site. After a quick review, RGB offers the following response:

The 2023/24 enrollment forecast for: High School (grades 9-12) 836 students Middle School (grades 7-8) 440 students

RIDE Space Allowance Guidelines for 836 HS students is 194 SF/Student 836 x 194 = 162,184 SF

RIDE Space Allowance Guidelines for 440 MS students is 187 SF/Student 440 x 187 = 82,280 SF

New HS/MS SF = 162,184 SF + 82,280 SF = 244,464 SF

Cost

New High School/Middle School @ at CCMS Site Building 244,464 Sf @ $350/SF $85,562,400 Fees, Insurance, Permits $ 2,566,872 Subtotal Hard Costs $88,129,272

Site $ 8,812,927 Subtotal $96,942,199 Soft costs (20%) $19,388,439 Subtotal $116,330,639

Contingency (15%) $17,449,595 Subtotal $133,780,235

Escalation @ 6% 2020 $ 8,026,814 Subtotal $141,807,049 Escalation @ 6% 2021 $ 8,508,422 Subtotal $150,315,472

Raze CCMS $ 600,000 Subtotal $150,915,472

Jacobs Report 5-year Need @ CCMS $ 2,000,000

Project Total $152,915,472

Attachment J


Attachment K: Estimated cost to construct at the Broad Rock site

INTEROFFICE MEMO




Dear School Committee:

RGB was asked to explore a scenario of converting Broad Rock Middle School to the high school by adding space for 2 cohorts instead of the proposed one and updating Curtis Corner Middle School to accommodate grades 6-8. After a quick review, RGB offers the following response:

The 2023/24 enrollment forecast for: High School (grades 9-12) 836 students Middle School (grades 6-8) 658 students

RIDE Space Allowance Guidelines for 836 HS students is 194 SF/Student 836 x 194 = 162,184 SF

RIDE Space Allowance Guidelines for 658 MS students is 169 SF/Student 658 x 169 = 111,202 SF

Broad Rock Middle School Existing SF = 80,396 162,184 – 80, 396 = 81,788 SF

Curtis Corner Middle School Existing SF = 99,967 111,202 – 99,967 = 11,235 SF

Cost

High School at BRMS Addition 82,000 Sf @ $350/SF $28,700,000 Fees, Insurance, Permits $ 861,000 Subtotal Hard Costs $29,561,000

Site $ 5,000,000 Subtotal $34,561,000 Soft costs (20%) $ 6,912,200 Subtotal $41,473,200

Contingency (15%) $ 6,220,980 Subtotal HS @ BRMS $47,694,180

Renovate CCMS (6-8) Addition 12,000 Sf @ $350/SF $ 4,200,000 Building Improvements $16,000,000 Fees, Insurance, Permits $ 606,000 Subtotal Hard Costs $20,806,000

Attachment K

INTEROFFICE MEMO

Site $ 2,080,600 Soft costs (20%) $ 4,161,200 Subtotal $27,047,800 Contingency (15%) $ 4,057,170 Subtotal CCMS $31,104,970 Project Total Subtotal HS @ BRMS $47,694,180 Subtotal CCMS $31,104,970 Subtotal $78,799,150 Escalation @ 6% 2010 $ 4,727,949 Subtotal $83,527,099 Escalation @ 6% 2021 $ 5,011,625 Project Total $88,538,724


Attachment L: Summary Utilization Analysis

SchoolCurrent

Enrollment

LEA Maximum

Capacity

Current

Utilization

Potential

Number of

Classrooms

Current Grade

Configuration

Current Square

Footage

5-Year Projected

Enrollment

Functional

Capacity

RIDE SF/Student

(based on

projected 5-Year

Enrollment)

Aspirational

Capacity

Projected

Utilization (based

on projected 5-

Year Enrollment)

Proposed Grade

Configuration

Broad Rock Middle School 450 672 67% 35 5-6 80,396 453 T.B.D.** 186 432 T.B.D. T.B.D.

Curtis Corner Middle School 488 729 67% 42 7-8 99,967 440 T.B.D.** 187 534 T.B.D. T.B.D.

Matunuck Elementary School 181 400 45% 21 K-4 43,532 169 T.B.D.** 180 241 T.B.D. T.B.D.

Peace Dale Elementary School 396 560 71% 30 PK-4 85,500 430 T.B.D.** 165 518 T.B.D. T.B.D.

South Kingstown High School 940 1,703 55% 30 9-12 193,070* 836 T.B.D.** 194 995 T.B.D. T.B.D.

Wakefield Elementary School 176 326 54% 17 K-4 32,405 189 T.B.D.** 180 180 T.B.D. T.B.D.

West Kingston Elementary School 278 376 74% 21 PK-4 43,532 302 T.B.D.** 180 241 T.B.D. T.B.D.

*Not including Hazard

** Dependent on Educational Specifiations

Summary Utilization Analysis

Attachment L

Documents

QUESTION #1: Is it fiscally feasible for South Kingstown