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District details facility master plan, potential bond scenarios and adopts higher developer fees
Summary
MUHSD staff presented a facilities update including building-fund balances, a MODUS design review planned for June 2, project lists and a bond scenario up to roughly $217 million; the board approved a developer-fee study and adopted Resolution 10-25 increasing residential developer fees to $5.38 per sq ft and adjusting commercial rates.
Chief Business Officer Dr. Weimer briefed the board on facility projects, funding balances and bond scenarios at the May 20 meeting. He said the district has about $21 million in the building fund and $16 million in developer-fee reserves; East Merced District reserves approximate $3 million. Weimer outlined ongoing projects including the district-office renovation (projected completion late summer), expansion of the Livingston transportation yard,…
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