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Shawnee Heights outlines bond calendar, capital outlay and CMAR hiring steps
Summary
Superintendent told the board the district will interview construction firms in early December, expects a Dec.15 resolution to authorize new bonds and an early payoff resolution for 2012 bonds, and plans a Jan.19 resolution to lock interest rates with a Feb.19 closing.
During the superintendent's report, district leadership told the board the capital outlay process is starting and has been timed to follow the recently passed bond so principals know which projects the bond will cover.
"We are starting the capital outlay process pretty heavily this week," the superintendent said, adding staff reviewed RFQs for construction and will interview construction companies in early December. The superintendent said the district is working "closely with Tucker" to follow statutory requirements for hiring a Construction Manager at Risk (CMAR).
The staff presented a bond timeline: a calendar review (noted Nov. 17), a Dec. 15 board meeting at which the district will adopt two resolutions — one authorizing the new bond issuance and another to begin the early payoff process for the district's 2012 bonds — and a Jan. 19 board action to adopt the resolution that will "lock in our new interest rate." Staff said the bond closing is expected around Feb. 19, after technical closing steps and a bond-rating meeting.
No final contractor was selected at the meeting. Staff said they will solicit interviews and narrow RFQs before bringing recommended firms to the board; the superintendent emphasized compliance with statute in the CMAR selection process.
Board members were invited to volunteer to sit in on the contractor interviews; the superintendent named three board volunteers and said additional staff (Tucker) would support the process.
