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BFOC March 5, 2009 SOUTHWEST SCHOOLS PROJECT. 200 450 over capacity 150 over capacity 400 over capacity 300 over capacity 150 over capacity 150 under.

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Presentation on theme: "BFOC March 5, 2009 SOUTHWEST SCHOOLS PROJECT. 200 450 over capacity 150 over capacity 400 over capacity 300 over capacity 150 over capacity 150 under."— Presentation transcript:

1 BFOC March 5, 2009 SOUTHWEST SCHOOLS PROJECT

2 over capacity 150 over capacity 400 over capacity 300 over capacity 150 over capacity 150 under capacity

3 Now at capacity with new additions 150 over capacity Pistor Hohokam Valencia 150 under capacity Maxwell

4 Proposed Site

5 Top Sites for the Southwest Schools Ajo Way Camino Verde Valencia Irvington Mission Wade Irvington Cardinal Valencia LYNN-U Proposed Site

6 Site #9 Proposal #3 CB Richard Ellis

7 Via Ingresso Site (Site #9) Approximately 24 acres 2 utility easements; one 7 acre drainage easement May be able to use 2-3 acres of drainage easement K-5 or K-8 Flat and out of floodplain Located between Lynn- Urquides and Grijalva Elementary Schools.6 miles from Lynn-Urquides Access onto Mission Road Utilities are adjacent Many students could walk

8 Via Ingresso Tasks December 9Board decision and authorization to execute of trade agreements MarHire broker to put site W and 125 (and others?) on the market hire architect JuneTime to sell sites to others ends AugustComplete trade with executed contract and at least $1.5M in escrow to help fund the school

9 Site #1 Proposal #1 Pomegranate Farms

10 Pomegranate Development Agreement (Site #1) 1. Trade of approximately 45 acres of TUSD property at the corner of Valencia and Cardinal for 15 acres within the Pomegranate Farms Development at approximately 9000 W Valencia Road. As an additional consideration for the trade, Pomegranate Farms will provide $3,000,000 for the construction of the school. 2. TUSD will construct a K-8 school of approximately 70,000 square feet, which could open in August of CC&Rs will include an assessment on properties in the development to support the school and provide incentives for teachers.

11 Pomegranate Site (Site #1) Approximately 15 acres Shared use for playfields Utilities and infrastructure to be installed by developer K-8 Flat and out of floodplain Located centrally in a planned 3000-unit development

12 Questions/Comments

13

14 Site #2 Note: Though Site #2 is offered Site #3 is preferred. Proposal #2 Broadway Realty and Trust

15 Site #13 Proposal #4 Gran Tierra

16 Final Proposal and Valuations SiteSize (acres) Southwest Appraisers MJN Appraisers DeGrazia CompanyStatus TUSD #719.4$860,000$700,000$675,000trade TUSD X18.5$1,600,000$1,200,000 trade TUSD W20$1,800,000$1,000,000 hold TUSD #1258.7$900,000$650,000$500,000hold Total TUSD $5,160,000$3,550,000$3,375,000 Trade Site # useable$700,000$1,950,000$1,850,000trade Funds for Escrow $4,460,000$1,600,000$1,450,000

17 Pomegranate Site (Site #1) Approximately 15 acres Shared use for playfields Utilities and infrastructure to be installed by developer K-8 Flat and out of floodplain Located centrally in a planned 3000-unit development

18 Students in the Area Proposed Site


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