, Corbin, KY

Local News

August 16, 2013

School construction delayed

Plans for bidding out Pleasant View work pushed back due to bond market surprise

CORBIN — By John L. Ross / Staff Writer

Plans to bid out construction of the new Pleasant View Elementary School on Aug. 29 have been delayed.

During a special-called meeting of the Whitley County Board of Education Thursday, Leonard Bowers, principal with RossTarrant, came before the board with revised design developments for the new building.

Before he could share project updates with the board, Superintendent Scott Paul explained the district got a surprise concerning the bond market.

He said that “because the bond market is not working in our favor,” the Kentucky Department of Education will allow a school system to use capital outlay funds on a construction project, provided KDE approves.

“We were caught off guard by the bond market,” Paul said.

In “layman’s terms,” a bond assures payment of a fixed amount of money in the future with more money paid, called interest, in the interim period as payment for this loan.

If this assurance to pay comes with the condition that the bond can be sold to someone else and the payment remains good, it can be bought and sold to other people or companies. That is what the bond market is — a way and a place to buy and sell those assurances.

The first step for the Board of Education was to adopt a resolution to use 90 percent of the capital outlay funds toward the project.

Capital outlay funds are separate monies maintained by the school system specifically earmarked for school construction projects which have been approved by KDE.

Bowers explained using those capital outlay funds will improve the bonding potential by more than $575,000.

“(This) will help with the Pleasant View project,” Bowers said.

Board chair Larry Lambdin motioned to approve using those capital outlay funds dependent upon KDE approval, with a second from Board member Malorie Cooper. A voice vote showed present board members unanimous in this decision.

Board member Delmar Mahan was unable to attend Thursday’s special-called meeting.

Once that decision for Pleasant View Elementary was made, the next step for board members was to approve the purchase of a half-acre of land that Paul said “we desperately need.”

Lambdin explained that the property will complete the entrance to the school, allowing access to U.S. 25W.

“That’s the reason for the purchase of the property,” Lambdin said.

Paul added the price tag for that half-acre is $12,500.

Cooper motioned for the school system to purchase the land, with a second from Lambdin. The board again was unanimous.

The next step for Pleasant View that board members needed to vote on concerned new designs for the school.

Bowers shared three new, revised designs for Pleasant View Elementary Thursday, adding that all designs must be approved by first the board of education, then the KDE.

“When we got into this project, the original design (was prepared) a couple months ago,” Bowers said.

The original design was approved by the board during a special-called meeting in May.

Bowers explained that they reviewed the costs and discovered the work would “exceed the (budgeted) funds.”

He attributed some of that problem to the bond market problems.

“What we’ve done is tried to see what we could do to work within the funds,” Bowers said. “(The revised design) makes the building a little more compact.”

Some changes were made in the interior design.

“The end result (is that) we cut two classrooms out of the project,” Bowers said.

It was explained that KDE requires at least two classrooms in each school for each grade — and the revised design allows for that, according to Bowers.

“We worked hard to squeeze down the plan,” he said. “The job is getting to where we need to be.”

After a review of the site plan, Bowers added there were some changes made to the parking area, as well as other exterior changes.

“(Also), the gymnasium had to be reduced from its original size,” he said. Some other changes include eliminating sinks from most classrooms, save for rooms for preschool, kindergarten and the art room.

The final project cost? Bowers said that construction is approximately $185 per square foot — and the revised design puts the square footage of the new building at approximately 45,955.

The total cost of building the school is approximately $8.55 million.

However, Bowers assured the board the revised design would maintain expected standards.

“(This) is not a detriment to the EnergyStar system,” he said.

Bowers explained in February that the project design kept energy efficiency in mind.

“We’re looking at a target of 32 kilo BTUs per square foot,” he said then.

On Thursday, Bowers told board members these changes would help get the project moving.

“(With) all of these changes, we are right on target,” he said. “(It’s) still within our grasp.”

However, Bowers admitted “the schedule slipped.”

Now Bowers said the plan is to come to the board in October with construction documents for the board’s approval — then bid out the project Nov. 26.

Board vice-chair J.E. Jones asked Bowers when construction would begin.

“We wanted to now,” Bowers said, adding that some time in December would likely be the target starting date for construction.

Fall 2015 is the goal to get the new school open and ready for learning.

“It is disappointing,” Lambdin said. “But right now I don’t think we have another option.”

Paul agreed.

“We’ve got to live within our means,” he said.

Lambdin motioned to approve the revised designs, with a second from Cooper.

Text Only
Local News
  • 10 arrested for drugs after investigation

    Ten people were arrested Thursday following a three-month investigation of illegal drug activity, according to Kentucky State Police Post 11 —  London Public Affairs Officer Trooper Lloyd Cochran.

    April 18, 2014

  • Jury trial May 14 for man in murder case

    A man facing murder charges after the December 2012 beating death of a Corinth Community man appeared in Whitley County Circuit Court Thursday.

    April 18, 2014

  • Police Roundup - April 18, 2014

    Two parents were charged with child endangerment early Thursday after they walked to Wal-Mart in North Corbin with a toddler, according to Laurel County Sheriff John Root.

    April 18, 2014

  • Council members approve budget amendment

    Barbourville City Council members held the second reading of a budget amendment during a special-called meeting Thursday — with no one there to hear it.

    April 18, 2014

  • London-Laurel Tourism Commission budget approved

    The 2014-2015 budget for the London-Laurel County Tourism Commission was approved at Tuesday’s meeting, according to Co-Director Kim Collier.

    April 18, 2014

  • London-Laurel Chamber holds monthly meeting

    The London-Laurel County Chamber of Commerce held its monthly meeting Thursday afternoon at the Jackson Energy Cooperative Community Room.

    April 18, 2014

  • Budget amendment gets first read

    Barbourville City Council members held the first reading of a budget amendment during a special-called meeting Wednesday.

    April 17, 2014

  • Community garden meeting coming April 25

    Some folks in Knox County are looking at bringing some green space to Barbourville, and they need some help. But first, they’ll have an informational meeting on the community garden project next Friday, April 25.

    April 17, 2014

  • Crash on Wyan Road seriously injures two

    Two men remain in a Lexington hospital with serious injuries Wednesday, after they were involved in a one-car crash west of London Tuesday evening.

    April 17, 2014

  • Public meeting at Goldbug Vol. Fire and Rescue Dept.

    A public meeting is slated for 8 p.m. tonight at Goldbug Volunteer Fire and Rescue Department, located at 869 Highway 26, Williamsburg.

    April 17, 2014

Front page
Featured Ads
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Twitter Updates
Follow us on twitter