>> Thank you, Lori. Hey, at this time I'll entertain a motion to the board to approve the 2026 summer school. >> I'll make a motion. >> I'll second. >> I have a motion and a second.
>> But I think >> pretty much regardless >> these are the funds already in the sub accounts. So just in order to make sure that basically the the the funds that were collected from a certain area need to benefit that area. Right. So right >> if it's there but if it has not been expended and it's been used high time reflected >> then it [clears throat] does have to go back to the to the developer. >> Okay. All right. Um so one other question. So if the if we did pass this bill then how would we how are we going to pay for school schools and new developments? Is it just a straight CIP request from the Department of Education or is it something in the bill that says >> it goes to SFA? The money, right? Goes to SFA. >> But the but we're still taking impact fees in.
Uh we've been talking about football camps and sports camps. We need the proper facilities for them. Also, I'm pretty sure half of those bathrooms outdate the HVAC units that we were just saying are 28 years old. Uh there's some pretty 80s colors in there. Um a lot of the plumbing is very old. We are constantly replacing spud nuts, which are what causes uh beautiful fountains in the middle of the restrooms. Uh we are always doing plumbing. Our plumbing is so old, we just had a cracked clay pipe under the school that we were able to get repaired over spring break. So all of that and of course remodeling a restroom not cheap as well. It continues and it doesn't get better. Um all of our facilities equipment that we use our backhoe which is vital uh for large snows storms when we get them. Uh, also just when we have major plumbing repairs to do, our backhoe once again was made in the 90s and is on its last leg.
Any discussion? All those in favor signify by saying I. >> I. >> Opposed? Motion passes. >> Thank you, Lori. >> [clears throat] >> I'm still offline. >> Okay, at this time our item H4 is our lease agreement hearing. I will ask the board to suspend our regular board meeting. Um so, I'll entertain a motion to do that, and then we will begin our lease hearing. >> I'll make a motion. >> Second. >> I have a motion and a second. We Our meeting is now open. Um I did not have anyone sign up in the audience, but um if you wish to speak, um you can reach Angie, and we'll have your name and your address written down. >> [snorts] >> Okay, the notice of this hearing was published and proposed and legally required. After this presentation, there will be an opportunity for the public to make comment for the lease rental to be paid under the lease and appropriation of bond proceeds.
We're just putting it in a different account. >> All the fees went to SFA already and this remaining balance according to the bill would still go over to SFA who's supposed to build schools. Right. Am I correct? >> Yes. So right now, >> well, let me let me let me let me hear what the legal guy has to say first, if you don't mind. >> Um, >> so my understanding is that the bill would >> stop the collection of school impact fees going forward. So >> without going into policy orever essentially school impact fees can then not be used. >> So the developers don't the developers won't have to pay impact fees and then how do we build schools? We just we just have to build them. >> Question I cannot answer as far as >> Okay. So that's what you wanted to ask Ricky.
We've done so much to keep this going, but at this point we have to be stewards with what we have and we've done what we can for as long as we can. Um, electrical panels are all outdated electrical. We have electrical problems here. We always have quote unquote dirty power and it does hurt our HVAC systems that are aged, but it starts with our aged breaker panels and our breakers that are failing inside of them. Uh, lighting upgrades. We did do a lighting remodel. I want to say it was in 2018 with the last bond and part of certain schools were done. There's still a lot of the schools that have not been transformed to LEDs. Uh not only is this costing a lot us money just in non-efficient appliances, but it's also costing us a lot of money replacing light bulbs. We had a whole pallet of light bulbs donated to us by the Humane Society last March.
At the hearing, we'll ask each person to come up and speak if you wish to speak, and we'll just limit your uh discussion to this topic. Pursuant to Indiana Code 20-47-3, before a school corporation may enter a lease with a nonprofit building corporation, the school corporation must conduct a hearing regarding the execution of the proposed lease agreement and whether the rental to be paid to the lesser building corporation [snorts] under the proposed lease is a fair and reasonable rental for the proposed improvements. Similarly, before a school corporation can appropriate any dollars it directly receives as bond proceeds, it must conduct a hearing on those proceeds for the additional appropriations of those funds. We'll now hear from CFO O Mark Bram about the proposed projects related to the lease and additional appropriations. >> Thank you. Uh we've been over the projects. I'll just highlight once again really quick.
Okay. All right. Thank you. [clears throat] >> What do you want clarified? >> What what happen you what happens then if if we pass this bill, then how do we fund schools in the future? >> Right. You e can go back to the normal process before with the land use commission or zoning or you could just fund it directly. Um that's a philosophical question. My point is that my perspective is that we've created all these rules so it's so hard to develop housing and now you've got to peel everything back off and all this motion we've created has done very little money anyway so it has very little impact so just fund it build and fund it build cheaper faster that's where the action is not in this whole administrative process to get an exaction to slow housing >> okay so then that's where the philosophical part comes up because then it's it's whether the the new neighborhood it's where the new housing is has to pay a more a disproportionate share not a disproportionate share but a larger share of building a new school or it's just spread out over society over the old neighborhoods and new neighborhoods that have already paid their impact fees and built schools and then Okay.
By the time school started, my guys had replaced and used that entire pallet of light bulbs. That's how much we're going through light bulbs. So, basically things are falling apart everywhere. Um, but the good news is we are actually doing great things with the state funding board. We have made massive movements in ways uh as in the core drilling that you heard about. We've already got that project started with the SFD. The SFD has given us some $86,000 for me to get a design of how to look and work on getting the elementary school floating. Um, we are doing other large projects such as the pump house which would repair lots of major water issues around here and we're even looking forward at other issues to continue to save this district money in the long run. The bond is very important just to keep our head above water.
This is to do with our uh 2026 bond for our performing arts wing at DeKalb High School, uh the renovation and addition. We're going to be adding approximately close to 10,000 square feet of new building at the front of the high school. The real term is 9,730, but I like to say 10,000. It sounds better. Uh we are also reprogramming almost 15,000 square feet uh worth of existing space in the band and performing arts wing. Along with that, we are going to be building a new Baron Activity Center known shortly as the back. Uh that will be a building of a little over 30,000 square feet um attached to the current auxiliary gym at the high school. The total price tag of the bond project itself is close to 30 million dollars. Again, just for the public and the board, just a reminder, tonight is the final piece of the puzzle to sell the bonds.
>> Yeah. Because overall what's the impact the total balance we're talking about right now is $31 million. That's both a combination of if we sweep all the fair share of money and all the impacts fees collected over 20 years is $31 million. The way it's broken out, you can't even afford a portable >> in a lot of these sections. It's it's it's 20 years of motion with no impact. >> Okay. >> Honestly, that's what we're trying to deal with right now. >> Okay. Thank you. Next you're up. >> So can I So the the money's now from the fair share goes over to SFA. Is that correct? >> Right now all this is with the DOE. Nothing's been transferred, right? >> So last year's bill that we said that the impact fee supposed to be transferred to SFA. >> Nothing's been transferred. It's all still in DOE accounts.
We're not looking, as Mr. Rollolof has said before, we're not looking for the Cadillac, but we do need that dependable Toyota Camry that's going to go and we're going to be able to take care of that Toyota Camry, and we're going to make it last for as long as we can. We're going to be better. Instead of just dumping and replacing, we can finally get ahead and stop being reactive. And for the first time in a very very long time, we can become a proactive maintenance group. And that's what I'm looking to turn and do.
Um you have the board has already approved the bond, they've approved the projects. This process this evening is strictly for the method of selling the bond, which is through the building corporation. Um so this hearing is dealing with the building corporation.
It has to come to our special fund first and then we have to go to the ledge to get a legislative ceiling to actually spend it. So what this bill tries to do is do all of that and in one bill. >> Okay, >> we can still spend the money. It doesn't have to be a DOE school. It can be a charter school. It can be a prek. There are other ways to spend educational money for a far more efficient way, but just not for schools. It can be kindergarten. It can be a charter school with have a which has a wider reach and a wider breath. The second bill we're hearing today is specifically for Khali Alam Moana where you could buy a building in Khali Alam Moana in order to house a charter school. So there's different ways to spend it. We've just been stuck in this one way.
I'm open to any questions. >> I I have question in regard. You said clay pipe, >> clay sewer pipe. >> Yes, sir. >> What's the circa on that? >> Pardon me. >> The 60s. >> Uh most of that would actually be the 80s. Uh PVC really started becoming used in the mid90s. You had CP PVC in the late 80s. Uh for most of the old campus, yes, that is the ' 60s clay pipe that is under there. Um but that does run as well as it connects the junior high to the main campus, the auto shop, all of that is clay piping. Yes, sir. the and also the like the heating cooling towers. The company that came here indicated that they don't even make replacement parts for those anymore. So, they were impressed that basically it was a miracle that it was still working. >> And as I said, credit to the crews before me.
Obviously, we would field any questions on the project if people still had them. But this is mainly, I don't like to call it a formality, Eric would probably cringe if I said that, um our bond counsel, but this is just the process of getting the building corporation approved by our school board. So um that said, the additional appropriations that we talked about, I feel that a couple of phone calls from the public on this and they were very happy when I gave them the answer. This is all I have to post all of this in the newspapers. Believe it or not, some people actually read the legal sections of the newspaper, which was a surprise. I did field a couple phone calls, and they're like, "Whoa, wait a minute. You guys approved $30 million bond, and now you're asking for additional appropriations?" We are not asking for more than $30 million.
We have to build this big school. >> But even though we passed the bill last year, none of that money transferred over. Why not? >> Because it has to get transferred by again, we're an attached agency to the DOE. They have to transfer the money to our account and then we have to go in from the ledge to get a legislative ceiling to spend that money. >> Understand? But why wasn't it transferred to your account? >> I don't know. It hasn't been transferred. >> Do you know why, Jesse? why the money hasn't been transferred over. >> Who's who's responsible for for that? Is it BNF or is it DOE or who who is responsible? >> It might be might be combined. But let me let me check on that. >> Yeah. Because you know we pass measures and then we don't know that this not it's not implemented.
Yes, sir. Uh Cal, Daniel, there was several HVAC people. Uh we've held it together and I give massive credit to what we have done with what we have had. Yes sir. >> So as far as your budget and I don't think you can be able to tell me all this is of your budget, how much is uh stamping out fires or is any of it doing anything to do anything proactively? Um, at one moment last year when I, well, yeah, last year when I took this position, I asked Kimberly, uh, what exactly is my maintenance budget? And Kimberly's comment to me was, "Mr. Bosley, you don't have a budget. You just need to keep the school running." >> Well, so >> that's kind of what I would thought. >> That's what I was asking. Has that changed? >> No. >> So, no, sir. I don't have a spreadsheet that says exactly what we are doing in this way or that and I would love to gather that data and work on having that kind of data but at this moment we are reactive and that means 90% of what we do is trying to put out the fires.
I want to make that very clear to everyone. That is strictly the number of the building corporation and the lease agreement we are doing to sell the bond, okay? We will pay the proceeds to the building corporation, then in turn pay our bonds. So, we are in line with the appropriations. Um we are also with the terms of the lease that we are looking at. That all is lining up with the dollar amounts for the project that you guys have already approved. So, everything is looking good for our building corporation. I met with the building corporation um earlier today at 4:00 to get their approval of the lease. They have to sign off on it, and then our board has to sign off on it. So, that's where we're at now.
So, >> right. And more importantly, we need legislative approval to then once spend that money once it's transferred to our house. >> So, then you need to you need to have a bill, right? Or something. >> Well, the bill makes >> this bill does >> forces everything. >> This bill does. Okay. >> Yeah. It sweeps everything. >> Thank you. So, um I'm I'm sure you were paying attention to the conversation where deputy superintendent had um expressed that those funds were already transferred to SFA. So, you're telling us today that it is not been transferred? >> No. >> Okay. So >> it's a process. It's you know what happened last year was >> Has the process started? >> I mean the bill was passed. >> The law was changed. Yes. >> The law was changed. The bill was passed. Has the transfer started? >> No. >> Okay.