Lexington Schools Moving Forward With New Facilities Project

  • 3/25/2019 12:19:56 PM
  • Sartaj Singh
  • Local News

LEXINGTON, OH - The Lexington School Board has announced the next step in their new facilities project. 

In a Facebook post, the Lexington School District announced that the Board of Education will be applying to participate in the Expedited Local Partnership Program (ELPP) with the Ohio Facilities Construction Commission (OFCC).

ELPP is designed to give districts, not yet eligible to receive their State/OFCC share of the cost of the project, the opportunity to move ahead with portions of their project using the local share approved by their voters. 

According to the Lexington School District, the decision was made in order to maximize the process and begin the project while interests rates remain low and to provide students with the new facilities as soon as possible. 

The application form and one of two required resolutions were approved during a Board of Education meeting last week. The final resolution needed will be provided by the OFCC to the board by sometime this week, according to the district. 

The ELPP application will be submitted to the OFCC Meeting agenda on April 25th for approval. If approval is granted, the application then would need approval from the State Controlling Board on May 20th. 

If approval is granted by both parties, the Lexington School District will begin working on the planning/design process for the new facilities as early as June of 2019. 

On November 6th, 2018, an 8.6-mill bond issue totaling around $55,950,000 million over a 37-year period was approved by voters for new facilities. According to the district, the money will be enough to build either of the two building. 

The district further stated that based on recommendations of school finance and building experts, construction on the 7-12 building will begin first. 

The district further explained in a Facebook post on their reasoning to start with the 7-12 building first:

"The main reason for this is financial. By the time we are ready to do the second building there will most likely be an inflationary impact with regard to the cost of construction and interest rates. It would be to our advantage, financially, to deal with the inflationary factors on a $35-million-dollar project (the PreK-6 building) verses a $54-million-dollar project (the 7-12 building). Second, more of our current students will be able to experience being in a new building by doing the 7-12 building first. Third, we will be able to replace our oldest building sooner. Then, the State/OFCC share of the cost of the entire project is enough to fund the PreK-6 building."

The 7-12 building will take 12 months for planning/design and 2-2.5 years of construction. 

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