Pool and Facilities Options and Referendum Ballot Questions

The D200 Board of Education is meeting Thursday evening, June 23.  The agenda, linked HERE, includes further discussion of the UNDERGROUND pool option and how to incorporate that plan into the COMMUNITY DISCUSSIONS that will be taking place within the next few weeks.  Public comment is set to be heard beginning at 7:50 PM, after the board completes some necessary business matters.  Following the public comments, the board will again take care of some routine matters, and discussion on the ACTION ITEMS is set to begin at 8:30 PM.  The POOL OPTION 5B (the proposed underground option - LINK) is the third action item to be considered.

Discussion of POOL FUNDING OPTIONS is set to begin at 8:55 PM with a presentation by William A. Blair, the district's investment banking company who is advising on the bond issue.  Here is a LINK to their presentation.  It is about 18 pages and filled with a lot of technical bond and finance information, along with other less technical information.  It includes various scenarios for the different pool options and possible wording for a referendum ballot question.  There are several options as to how the referendum can be worded and it does not necessarily have to be specific as to the purpose of the bond issue.  
Some highlights include (images taken from the presentation linked above): 

Note that this labels as "Option A" the plan to renovate and rebuild the existing pools, and keeping the current parking garage.  The plan labeled "Option B" includes building a new structure to include both a parking garage and a swimming facility.  The third, "Option C" includes the underground pool, the cost of which is yet to be determined.

Below is a chart summarizing the effects of a $20 milliion bond issue vs. a $35 million bond issue on a typical taxpayer.

Below we see how the wording of the referendum question will effect how the high school uses the funds if the referendum is approved.  In the actual report, this page is followed by three examples of actual questions that may appear on the ballot.

For a more complete idea of how the referendum question might be worded, please see the last few pages of the report (LINK).