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Board approves amended LTFM plan after pool/IAQ bids exceed estimate; district will cash-flow extra cost until levy adjustment arrives
Summary
The board approved an amended Long-Term Facilities Maintenance (LTFM) plan after bids for pool and indoor-air-quality work exceeded initial estimates; staff said an additional $1,000,078.06 will be recovered through a future levy adjustment, requiring short-term cash flow borrowing.
The Big Lake Public School District board approved an amended Long-Term Facilities Maintenance (LTFM) plan to reflect higher-than-anticipated costs for a pool and indoor-air-quality (IAQ) project.
District staff and project leads said initial planning estimated the work at about $1.3 million but that detailed inspection and contractor bids revealed additional necessary repairs and replacements — including piping, lighting and anchors in the chlorine environment, and replacement of the pool…
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