Danville Community School Corporation will be making a series of upgrades to North Elementary School (DNE), which houses the district's kindergarten through second grade students, along with students from the Little Warrior Learning Center and students in the developmental preschool program. Corporation and building leadership have been developing plans for the project over the last two to three years.
The project's scope includes window replacement, LED lighting, ceiling grids, playground equipment, carpet, wall coverings, and mechanical systems upgrades, among other items. Importantly, the project will also include the installation of a secure vestibule and the addition of a multipurpose room to be used for childcare, group instruction, cafeteria overflow, and staff training.
At the February school board meeting, the project was discussed and approval provided to advertise for a project hearing. At the March school board meeting, a public hearing was held to discuss the project and the school board approved a resolution outlining the project scope. The March school board meeting included presentations from the project architect and financial advisor. Presentation materials are listed below. At the April school board meeting, the project was discussed and the school board approved an amendment to a building corporation lease and a resolution authorizing an additional appropriation. Notice was published in The Republican in advance of each meeting.
Additional details on the scope of the project are in the building diagram on this page.
The school corporation expects to secure funding during the summer of 2020. Work will commence in early fall 2020 and should end in late fall 2021. Corporation and building leadership are planning ahead for classrooms that may be temporarily displaced as work occurs. The corporation is working with project partners to structure work in a way that keeps classroom disruption as limited as possible.
The estimated cost for the project is $5.35 million. Because the corporation is paying off several general obligation bonds this fall, the North Elementary project will be funded without increasing the debt service property tax rate above what taxpayers are paying in 2020. Property taxes supporting this project will first be paid in spring 2021.
First mortgage bonds will be sold in 2020 to finance the project. The bonds will be repaid in full over a two year period, with debt payments in 2021 and 2022. The tax rate to pay the bonds is subject to property tax caps. Additional details are in the financial advisor presentation on this page.