June-10-2019-Regular-Board-Meeting-segment-3
[00:00:00] Mr. Woodley.
Ready?
Good evening board on the agenda. Next is. Three openings that we have beginning July 1 of 2019 for the long range planning committee. There is a [00:01:00] memo if you get it to them, okay, and there are three applications. There are three positions that are open position number six number four and number two of the three applicants.
Two of them are incumbents one has this would be a second term and the other one has been on the committee Doris Whalers since 2001. And they did apply for the position back. We have a new applicant Julie Miller believe she may be here. There's the wave for any of the three open positions. The applications are in the packet.
I believe for all three.
At this point it's open for discussion for the committee or for the board to consider each of the [00:02:00] three applicants. Thank you and the motion.  I'm going to just try something for brevity. You can choose not to second. I would move we appoint some anata to position 6 a point Doris Whaler to number four.
And Julie Miller to position two.  It's I second discussion.
Who suggest that we think about holding the application period open we just got one of them today, and I'm sorry. I haven't had. Time to look into the applicants background other than to note that we would have a majority.  From Wilsonville, and we [00:03:00] only have one applicant purpose it.  And I'm sure they'd all be good applicants, but I do know that sentence in West Linn.
Are interested in those who I've spoken with? So I just wanted to throw out the possibility of maybe until June 30th when the terms of the incumbents expire along those lines. I guess. I have to express lack of knowledge about Mike Jones Grady Nelson Cam Jordan and David Lake whether they reside in Wilsonville.
So David League West Linn Grady Nelson, Wilsonville. What was the other one? I'm like Jones Mike Jones Wesley. And then you have Julie Miller West Linn. Yeah wasn't okay one and I would just [00:04:00] along those lines. Thank you director running. I think it's a 4-3 kind of split between the two communities.
I have had the opportunity to have a I think a long discussion with Julie Miller. I have noted that she was acquisitive curious. She. As a commitment to understanding how the district Works to being in part of making changes that might be beneficial to the students in our district. I certainly don't have any hesitation today adopting the three applicants as to those positions.
I would add that. It appears as far as the West Linn Wilsonville split. I mean Doris and Sammy as [00:05:00] a renewal and then I do believe mr. Wyatt lives in West Linn. And my assumption is that Miss Miller lives in West one as well. So it would be kind of maintaining that as far as the balance I. Having served on the long range planning committee as the liaison.
I saw great commitment by both Sammy and Doris. I'm confident and renewing their terms and I know Miss Miller has been coming to board meetings and. As banana, you know expressing interest and so having her serve in that capacity. I would be comfortable with I'm fine with prolonging the the application process of need be but I don't we don't have another board meeting scheduled.
So it seems like this would be the time unless we were going to convene for a special reason to do that.
My only suggestion would be in the future perhaps. More widely so that the word gets out to the [00:06:00] community and not necessarily on this the school Community again. It's the neighborhood associations are deeply invested in these types of issues and they would appreciate having known about it.  Just I thought it might be helpful to find out I think that Mr.
Kill streams and out more than one. Could you explain who those went to?
There are district listserv our district newsletter as well as school newsletters and listeners primarily information was also on our website and we did send it to both cities asked them to spread it how they could I don't know that they how or when they did that. I don't know that they were sent to me but.
But we did do multiple Outreach efforts. I think we reached people are [00:07:00] thank you for that information.  The other discussion I would be open to leaving a note open longer accept that I mean, we've got three highly qualified people. So I would tend to move forward the people that have the most interest in have already expressed the desire and again, I'm not sure we're going to meet again before the terms are up.
So I. Prefer to do so take care of this tonight, and I've been anxious to get this going because as we begin to discuss lovey lovey and bond, I want a full long range planning committee meeting and I'm not inclined to have any delay when we have three.  I would just add in terms of Staff. We've been I just Echo what director King Martin and chair Fitch mentioned that.
Both Miss Whaler and mr. Nadda had been incredibly engaged and active members and our interaction with Miss Miller likewise chair Fitch. We had an opportunity to [00:08:00] meet with her and very engaged in the community wants to serve wants to learn and is reaching out in a way to be a part of the work and part of the community that from what she expressed you really appreciates as a parent and wants to be involved as a community member.
So we were appreciative of our conversation and would certainly support your application.
Chelsea King Martin, I'm Eddie Reynolds. I injure fetch. Hi Dylan hides. Hi Reagan Molitor. Yes.
Julie Miller in the background.  So the next WoW guys.
[00:09:00] The next item on the agenda is the school facilities plan 2019. Part 2 Capital Improvement program. There is a resolution with this 2018 - 14 the plan is in front of you. It's the complete volume is in front of you part 2 has a tab if you like to go to it or have comments. It has been adjusted somewhat.
Primarily in the area of the capital projects and their description the Project's themselves. Remain the same with the same value amount. We have heard comments and responded to various board members and others including long-range planning members [00:10:00] about some of the language and how we're presenting them within the document.
The document is complete. Some portions are in draft including part to until the board would adopted this is it's an important action on the school board's part as the long-range plan by itself both part one and part two do become the district's long-term facility plan and is used in a variety of ways to empower the board and the school district forward on various capital.
Type initiatives lining with state law one thing in particular and we'll probably get into it into the next discussion is there's a grant that's been created through organ School Board Association around Capital [00:11:00] facilities and some grants that come with it. There's a timeline associated with that.
It's called the awesome. Which I like Grant and for us to apply we have to have an adopted long-range plan by July first that's the first date where we would make an application to the state. With a follow-up on the 15th where they actually assign or award money that might be coming our way. We'll talk about that a bit when we get into the capital Improvement program itself.
So this is a document that has been in the works for a year. Probably you did here and approve part 1 in January. I believe of this year leading up to the bonds Summit and again part 2 for us is the CIP Capital Improvement program itself, and it does identify [00:12:00] those projects that. Or considering in a capital Bond.
I think they're well described. The pricing and how we came to the value of each of them. I think was described in a white paper a little earlier. We could review it. If you'd like. It was a group that was fairly large and very highly regarded professionals that help with the pricing on these projects.
The district has considered these some of them for many years and are now included in the CIP by itself. The slide you see up here does have those project Pages behind it. If we want to go to them specifically or you can begin your discussion now.
Thank you. Mr. Woodley any questions for mr. Woodley at this time? That's wonder if I should make a motion and then we can discuss sure. Does anybody want to make a motion [00:13:00] to adopt the resolution number 2018 - one for I move that we adopt resolution number 2018 - 14 the long-term facilities plan part two.
Is there a second second you discussion?
Done. Yes, dr. Reynolds. So I do have a question related to debt and bonding capacity, but I can wait until the next agenda item if you'd prefer. I think that would be more appropriate, baby. I also have a question. I'm not sure if it's better held it seems to me that maybe it fits in this area.
But I have wonderings about our older school buildings and particularly as we [00:14:00] anticipate the potential constructing a new Middle School. I'm very interested in ensuring that we maintain as much Equity as we can across facilities and wondering what analysis we may have already conducted to compare our older buildings with other new construction or newer buildings or what perhaps analysis were prepared to do particularly around middle schools.
We anticipate building another Middle School. So that's one wondering I'm having.
Just a moment.
So in the capital Improvement program there is. District-wide projects for us. It's a [00:15:00] traditional category that we've had for many many cycles of the bond and within that there are I don't know 50 different projects that we identified at all schools and work through with our engineers and architects in terms of how to respond to it each School.
Unless it's named specifically probably. In fact, I do know has funding source through both the safe and welcoming schools, which would provide new entries to all schools including Rosemont. Would Athey, of course, we have a different conversation about reading Creek already has that and then a variety of other projects both.
Lifecycle replacement asset type things mechanical systems boilers that sort of thing as well as architectural [00:16:00] improvements and it could include interior or exterior improvements. The reason I was holding is because I have a list here of those schools at.  the ones in play at the moment. Rosemont Ridge has 1.4 million dollars in that kind of improvement for that particular School Meridian Creek a new school, of course, but still has some initiatives connected to it at about $65,000, which is probably appropriate for a brand new school.
And ends of Wood Middle School in particular house four and a half million dollars to be invested into that school for a variety of upgrades to the school itself.  That answer your question. I mean we have the money for it [00:17:00] certain projects are identified. The list is long. But within that then become the priorities for how you know, what happens first and then working with Engineers Architects School administrator others to identify and prioritize those projects turn them in, you know, work them into a design and then into construction projects, but would as kind of the larger one here I think would result in some significant.
Publicly seen Improvement.  Thank you. I appreciate that and just the recognition of different Investments creating Equitable outcomes when so I thank you. I
just want to say thank you for the additional information that I think meets our statutory requirements as well. That was a concern of mine before and after yesterday the [00:18:00] work that you put into that.  primarily for the capital Improvement program it had a lot to do with. Enrollment projections that take a 10-year View and then what Capital Improvements are necessary to accommodate those projections over time as the district grows.
We have I think even in my memo mentioned that there's been a priority given to more.
Shorter term solutions that this Capital Bond would respond to it's been traditionally and historically practice in this District that every five to seven years. We have a capital Bond. We've created Financial strategy around being able to do that. So we have smaller ones instead of these really super large [00:19:00] ones and.
Lost my train of thought for a moment.  Let me
remind me I'm old.
Right. So this Capital Bond program has those kind of early projects in it. But also we've taken a 10-10 year view especially around enrollment growth Meridian Creek is one we have wonderings about Middle School enrollment that may be growing over time. We've used the flow demographic numbers. To consider what that might mean both in West Linn and Wilsonville.
For Middle School enrollment. The projection is with a new somewhat larger Middle School to be built in West Linn. It would [00:20:00] accommodate that growth both now and as a 10-year view in Wilsonville, we have recently built Meridian Creek Middle School. It was designed to increase its size. We created.
Footprint and a full design, in fact, even through permitting for it to be built out into the future that will respond to specially the Frog Pond area. There's also some ability. We turn them soft adjustments to boundaries the special name of the county in between and how you can respond both north and south and with a new Middle School being more embedded into the city of West Linn.
I think it helps with responding really well to the West Linn population. And then with the two down in Wilsonville, we certainly are able to respond to that. [00:21:00] At the primary level. We know that our West Linn primaries are really in pretty good shape. Maybe there's a balance that we need to kind of adjust over time, but there is.
Capacity in West Linn Wilsonville is always the one that we wonder about a bit and certainly again frog pond and millibar growing. The the bond proposal right now is a starter Primary School in. Frog Pond area on 10 acres the district owns. It would start out as a 350 student primary school, but in five years possibly it also could be built out to 550 which is what our traditional middle or Primary School.
Capacity is and would help balance east side and west side and again sometimes some soft adjustments and boundaries health over time as kids move in and out of the school high school level is [00:22:00] one that this bond is really focusing on it's the beginning of our third. Larger high school, which is a milestone event for us.
The long-range plan is considered that for many many many years. I think this is my opinion. This is a pretty elegant way to do that and to be able to balance enrollment at the high school level across the district by adding this third location in. Again, my opinion that Superior location with the kind of academic programs that can draw to each of the three and provide time for it to grow and the other schools to respond in kind to that kind of academic programs that we're envisioning.
So I believe looking at it from a 10-year perspective. The long-range plan does consider it in a variety of places and ways. And [00:23:00] in that is responsive along with part one to be responsive to that legislation that were responding to.
And just to respond to some questions that the public may have do you mean you look at these capital projects are any of them? Dice versus necessary. I think in my opinion they're all necessary at this time. I may not some years ago predicted this level of projects that are coming forward. There are several that have been on the books and in long range plan for many years.
Sunset was one of those that went through I think three different Bond Cycles before we were able to respond to it. Certainly the auditorium that Wilsonville High School is one [00:24:00] like that some work on the stadium to expand for student body is another one that has been on kind of a wish list for a very long time and I think is really important at this time.
Especially as we really worked hard on our district safety program and have considered and practice things like reunification. We've had instance at West Linn High School recently where this the stadium was the place for Gathering and the only place to gather is to stand and that's really difficult when you're trying to address organized.
Release or bringing a student body together and there's other I mean, there's academic reasons why you'd want to student body together, but when it comes to safety, that's an important one as well as just the congested on congestion on any. [00:25:00] And is it if I were you know, I recently was at the West Linn stadium and have spent a lot more time on this stanza the Wilsonville High School football games and it appears to me that for a larger school.
It has a lot less seating space. It's significantly less when you just look at. Billions are counted by linear feet of bench. It's how it's counted and West Linn is significantly under the allocation per student than Wilsonville is at the same time and then in terms of the changes to the Performing Arts area in Wilsonville High School.
The other part of that is to create instructional space because of the growing student body. Is that right? Yeah, and I think that's one of the. Great [00:26:00] benefits of the way we're approaching this. There'd be a new Standalone theater, of course, but in doing that it vacates a large amount of space within the existing high school that can be converted into C CT spaces or CTE.
I'm sorry. I get the two confused to create. Magnificent amount of additional classroom space and it's in a superior location because it's embedded right in the school.  So the advantage there is not only to improve access to the Arts the Performing Arts in particular, but also to bring more academic space and especially that Career Technical educational space at Wilsonville high school that really really needs.
All right. Thank you any other discussion before we vote? [00:27:00] I think I would just add briefly that the all the work around the high school and reimagining the future possibilities of high school is really valuable here. Just based off of. But countless conversations I had talking with the community over the past couple months.
There's a lot of interest in that and so for me as a board member when I look at this that is of utmost value and I'm just really looking forward to the work we're going to do around not just the magnet CTE High School potential but updated High School programming at all of our high schools.
Chelsea King Martin.  Hi, Eddie Reynolds. I Dinger fetch. Hi, Dylan Heights High Reagan military. Yes.
[00:28:00] Also just a beautiful document very thorough. Thank you for your very responsive to all the tasks that came from the long range planning committee. And from the board. Everyone was addressed right down to the T. So thank you for that top-notch work. It was collaborative.  Sorry.
Oh. Fitzpatrick here in fat Fitzpatrick is a.  Partner with IBI group Architects, they've been with us in the district for many many years and provided considerable work on the long-range plan. They were keeper of it as we. Thousand changes and were able to keep up with it. So thank you Jim and your stuff.
Thank you.
[00:29:00] next.  in front of you we have for first reading 2019 Capital Bond. It is the have you passed it out?  It is a sample draft resolution. And the sample draft notice of measure election typically known as the ballot title. The draft of the resolution itself is from Jim Shannon Bond counsel for the district part of Mercer own Shannon fairly prescriptive in language.
It does reference and recognize an attachment a which is then that notice of measure election. It would be the one that gets submitted to the county election [00:30:00] office. It has within the ballot title a caption the question and a summary we have. Made an effort to both describe what the ballot measure would be.
And stay within the legal parameters of how you can do that. It's been a bit of a struggle Jeremy right is in the audience with us tonight Jeremy. Thank you for coming. He's been instrumental in helping on this. Certainly Mercer on Shannon has. Vocal Andrews helped a lot as well as a variety of other people Piper jaffray and others that have helped craft this language.
It again, it's offered to the board is the force first reading we're not asking for [00:31:00] Action from the board, but it's certainly something that comes directly from the board. It goes to the elections office and then his moved out to our public at the time of an election. It's offered for your review and comment which can be now or later.
And then we'll have to schedule a time for a second reading.
The one question I had is I just wanted to make absolutely certain that you mr. Mercer. Oh, mr. Right, we're confident that this language encapsulates all of the capital projects in our Capital Improvement plan. I believe it does in the language that's used. I think you could go through our list of seven and you could find them here fairly specific lie, they are kind of under the heading [00:32:00] of initiatives.
But yet I think the project itself is described.  Within the summary, okay, and mr. Right? Mr. Mercer. Oh concur with that assessment. At their level. Yes.  It's only qualified because some of the legal language is very prescriptive to law and the election office of how you can say certain things that might.
not quite aligned with how you might want to campaign the same thing. But I have confidence that it is descriptive and correct for law. Okay. Thank you.  Have x's on page.  Two of exhibit a for the amount that District would receive in state grants at the bonds or poop. Could you explain that? Yes, I can.
[00:33:00] On July 1st. We will submit we've been working on our application an application to the state for qualification for Grant funds which are then awarded around the 15th. There's no order to the application on the first you have to have an approved long-range plan that you would submit and you have to have an approved District assessment and that assessment has to be on the state form.
We're working on now. And we actually have contact with the people within the facilities office to where they'll review it with us to know that it's compliant with everything. We need then on July 15th. It is you [00:34:00] you submit those and they're received and prioritized in order that they receive them and so our goal is to hit the button at 8 o'clock.
15 and be in line for it those funds are and I'm not going to get super specific but within the law there's a certain amount of money that set aside for these grants to school districts that.  ask Capital Improvement Bond. You have to pass the bond before you can get the money sixty percent of the money is to districts that are first in time for allocation based on their position in terms of need.
Maybe Kyle one or free and reduced that sort of thing. We happen to a line [00:35:00] somewhere around 203 out of 215 districts. Actually, they changed it today and they bumped us further down the line. So maybe our chances at that might be slim. Forty percent of it though is allocated to other districts and we would stand in line for somewhere around seven million based on the number of school districts.
That might be going out for a bond right now. So there is a higher level of possibility for that one, certainly. Worth our time to do it the x's in there are because we don't know what that amount might be. This has to be submitted to the elections office sometimes in August. So there would be a little time to know what it is.
Or SBA does provide language for if you don't know what it is some range that you [00:36:00] can put in or if you do know you can put in the exact dollar amount. So the ballot title itself does hold a sentence for that because we want to be eligible and needs to be recognized in the ballot title. So I voters know that if passed we would be awarded that amount of money and I believe they are able to tell you.
Within a very short time after the 15th that you you will be awarded that that money that the state facilities office is fairly new and they're really promoting this as a way for school districts to get some help from the state through this fun.
Well, I didn't see it in the actual Bond proposed Bond language. I did like in the memo we received in advance at bullet point three. I just more feedback with regards to that. [00:37:00] We've kind of done some learning around you terms of Art and what what we all know and discuss and what maybe may not. Be demonstrative of communicating to our community what they need to know and one would be like an example be the health and wellness.
We said health and wellness and there was a portion of that we got feedback that people didn't understand what that meant. And I kind of felt like our language around this, you know, we may want to put more thought if we continue to. Repeat it, repeat it and surround the 88 million, but I just felt like this that was expanding opportunities in addressing enrollment growth at secondary level potentially in the future a little bit more you a high school middle school something.
I just. As we're communicating so something that accompanies this is called the explanatory statement and we haven't done that yet. It's something that aboard certainly can interact with Jeremy and Andrew will be working hard [00:38:00] on that because it does accompany the submission to the elections office where we can expand more on that and I would expect and I think the district stands ready.
To help with any informational.  things beta explaining things better or more during a campaign. I think that we're committed to helping with that. Yes.
As well as all the rest, so it's not ambiguous.
So I do have some questions related to the to debt and bonding capacity the information we received from Piper. Jaffray is that the amortization length for the [00:39:00] bonds is 20 and 30 years. They're using 30 years. And so the question is does that mean that we will. Be paying only interest and until the existing bonds that are not yet retired are paid and I guess what I bottom line is I'm interested in the outstanding debt of the district and taxpayers and how much is it and for how long.
So Betty and response to that there's a few parts.  One I'll just start with saying and this is out of experience that. At the time of the sale which in this case, if a bond passed in November a sale probably would occur in january-february somewhere in there [00:40:00] and the landscape at that time is what predicts the payback schedule the interest rate all that sort of thing.
They've modeled based on what they know at this point. They did mention that interest. In her words are ridiculously low which makes it a good time to do it right now, but they don't know exactly what they might be at that time but set that aside for the moment because this very specifics would happen then but Piper jaffray did provide.
I'm not sure what they called it. It's a levy rate analysis and for both a 20 and a 30 year.  Payback schedule and by the way, the board resolution is contemplating a 30-year which seems to be the best for us at the moment [00:41:00] within that report. I'm not sure if you have it or not. I have it in front of me.
It's on page 25 but in that scenario. The very first year which is 15 it would be interest only but that's primarily because it doesn't hit the tax rolls that particular year. It moves a year before it hits the tax rolls and then after that every year there is payment on the. It's not an interest-only there's payment every year on that principle and then further Brendan Watkins with Piper.
Jaffray made this statement. He said currently the next series of bonds to mature is the series 2003 a bonds, which have a final maturity of six 15:23. That's when they would be paid. [00:42:00] And if there's more detailed questions, it might be more of a direct question to Piper. Jaffray themselves, but in general that's the way it lines up at the moment that that schedule you were reading from would be helpful.
It sounds like an amortization schedule and it has a full amortization table with principal paid every year.
My understanding from conversations with Piper jaffray were that the district could decide depending on economics later to shorten the 30-year to something else is incorrect you may know about but it's at the time of the sale that those kinds of decisions are made. Okay, exact structure and maintain that three dollar limit with a gap out about five years.
Thank you.  [00:43:00] I have a Wandering about the process. So we approved the long-range plan the facilities plan and we have before us the proposed language that's been vetted by experts. This is going to go on the November ballot if everything goes. As we predict having just ran a campaign. I get a little mindful of front-loading the time as far as possible.
So I am curious about if this is just a front read first reading and we're not doing anything tonight than what does that look like for our next step.
The thinking of presenting it as a first read is to get as many of your questions out that you have like the ones that are being asked [00:44:00] tonight. And as mr. Willy mention we've got this grant that we can then right into the ballot language, but we won't know if we have that Grant until the end of July.
So we could make this the first order of business in our first board meeting right away early August with that amount written into the ballot title, which could strengthen that out to the public in terms of we've also been approved a grant for this capital.
It doesn't mean that we wouldn't be working on a number of things in the meantime, which is providing all sorts of informational documents. That we could begin writing and working on and then be able to get out as soon as we have boarded option roll that out right away in August. We could be spending the summer working already.
Mr. Right is working on [00:45:00] some website design some marketing language around information about Capital Bond local option. So those things could be drafted and being worked on.
So that I like asking stupid questions sometimes because I'm modeling learning we when we approved this long range plan. Did we in essence of prove going out for the bond? And this is just a formality now with the ballot language or is there another step that occurs? But it is a specific step what you did in a long-range plan was fairly well-defined what the projects would be which kind of takes out a way and they can be within the ballot language.
And the drought that we have provided there is there is time to do it. This is new this [00:46:00] ability to get this money that we've never had before and again if we did it sooner we have to use a range and I mean a board could be comfortable with that if you wanted to. I don't think that's quite the question.
I think it's a board decision. You've gone Celsius. So once you're telling you I think I understand what you're asking because at this point, I mean nobody's sending this language necessarily back or disagreeing with the content. So we would potentially in a different year when there wasn't this potential for grant money tonight would be the night.
We would go ahead and approve. This ballot language. However, we're going to essentially choosing to take a little additional time so we can get that grant information that we can specifically plugin, but it doesn't mean we can't continue to work [00:47:00] towards. A bond campaign. I understand all that. I think thank you for the clarification.
I guess I was just wondering if there is another vote that we take to approve going out for the bond and local option Levy and we just approved the long-range plan that was essentially saying that we are going to fund those projects and now the next step perhaps an August is to just approve the language.
Yeah, okay.
So it's my understanding that one of the reasons for? Proving the project list and part two of the plan is that that is one of the awesome criteria? Yeah, and I'm looking at their funding formula right now and part of it is based on the 2017-18 assessed valuation. And as you indicated, we're eligible for 7 million $192,000 in 500.
One of the ninety two thousand five hundred six dollars in as a maximum potential Grant. It's my understanding that [00:48:00] tax collections were less than anticipated and I'm to be safe. Should we be looking at a more current? Assessed valuation then 2017-18. I think we have more current information on collections than that.
I guess a bit technical for me buddy. But I do believe that Piper jaffray does recognize a certain level of uncollectible almost always and they have considered that into the formulas that they have used. And I think of the recent assessment to assess value within the district I think is the number that they would use either now or in a month and I would point out while it seems [00:49:00] a ways out.
This is June 10th. July 15th is like a month. It's not that far away at this point.
I was going to point out. I thought this was interesting along with chair Fitch. I had a chance to meet with Piper jaffray. And one of the questions we talked about was why now? Why not do this in two years, you know because obviously one of our obligations is what's our fiduciary responsibility to the community and they laid out basically five reasons why it makes a whole lot more sense now.
As opposed to two years was in two years. We will have more Bond capacity. It might be easier to do it and the reasons they gave her one there's possibly matching grants available. This this time, there's no guarantee. We'll be around in two years. Secondly, there's cap space for 2019 and 2020 one that we could fill now that we couldn't if we waited two years [00:50:00] secondly.
With the capsule of the low interest rates that are right now, they probably won't get much lower going to Piper jaffray, but they could go a lot higher third is right now. We're in a climate where it appears more likely than not that the voters would approve this no guarantee, but it looks optimistic.
Whereas in two years. You have no idea what the voter climates going to be. And then lastly as Tim pointed out construction costs has construction costs are rising 67 percent every year or so when we put off obtaining these monies and building buildings, you know, add 15% for every two years. To that, so that's why doing so is right now, you know that was informative to me.
I thought that we share that with the rest of the board and I would add that the projects are important, especially when it comes to creating new classroom space and it takes two to three years to do that even after you get the money. We don't just immediately produce new classrooms and takes time for permitting [00:51:00] design.
Contracting that sort of thing any in three years we will be pressed for needing that classroom space. And not to mention the importance of I mean, we've been very focused on the bond rightfully. So these are really amazing projects that we're going to do and there's this local option Levy which puts 80 more staff into our schools.
And and that is to be equally as exciting is keeping all those people inside of our beautiful schools that segue. Levi happy you want me to help you?  All right.  We're here.  So the next item in front of the board is the local option. This is one that our district has.  [00:52:00] unfortunate.  for many years. I think it's V renewal.
It came in 2000. It requires renewal every five years and in front of you tonight is resolution 2018 - 15 that would authorize that election again, the resolution itself comes directly from Mercer own Shannon our legal counsel. It reflects a lot of the language that has been used in past years and updated for current law.
There is a notice of measure election similar to the capital Bond. It's a little more straightforward.
Andrew helped write this one as well as a Jeremy we check the numbers suddenly did a lot of work with the [00:53:00] local Clackamas County tax office to come up with the numbers in projection that it would produce over the years. I think the primary. Take away on this one is that it would preserve over 80 classroom teachers counselors and support staff.
It would maintain class size and protect class sizes supported by the current Levy and helps local schools by supplementing State funding.  I think the rest is fairly clear. It's a dollar fifty per thousand, which is the same that we've had every time it's been renewed. And in this particular case, you'll know that the ballot title caption itself and the rest of the language clearly states that it's a renewal of a five-year local option tax.