High Point Bond Information


WISD Bond News


November 2019

 

November 2019

We are currently in the “design development” phase of the construction project.  The architects are working on more detailed drawings so the construction management team will be able to update their cost estimates as we head into the bid phase of the project after the first of the year.  Because we are working on an ambitious timeline, we now have weekly High Point Renovation meetings with the architectural team.  This week we are meeting at their Bloomfield Hills office to look at sample materials as well as have a conversation on heating/cooling/mechanical/solar aspects of the project.

 

October 2019

53 days until the High Point School move commences to our new temporary location at the Ypsilanti Community Middle School @ Willow Run building!  Many thanks to our staff members who have been working on sorting through classroom materials to decide what can be discarded, donated, stored, and/or what needs to be moved to the new location.  In order to assist in managing the process, WISD hired Jess Stevenson who has experience in facilitating moves from his time as a principal in the Saline school district.  Working together we will be prepared for this major mid-year change!

 

October 2019

WISD is happy to announce the successful sale of its 2019 School Building and Site Bonds approved by voters on August 6, 2019! The successful bond sale allowed the district to maximize their taxpayer-approved bond initiative generating just shy of $53.295 million in bond proceeds for the upcoming High Point project. Two notable developments occurred during the process. The first includes locking in incredibly low interest rates, which will minimize the financial burden on taxpayers. The second is that about 2% of the sales ($835,000) went to the retail market, which indicates that local investors were able to purchase some of our bonds in addition to institutional investors.

 

October 2019

At the Board meeting this past Tuesday evening, contracts were awarded for the renovation work at the Ypsilanti Community Schools Middle School at Willow Run in order to expand the number of bathrooms available for our students when we move at the end of the calendar year. Additionally, a contract was awarded for installation of two playground facilities that will serve our students during our temporary location at that site as well.

 

October 2019

Last week on Thursday, October 3, WISD hosted an open house for any community member interested in purchasing the bonds that will benefit the reconstruction of High Point. The open house was held in partnership with Stifel, PFM Financial Advisors, LLC., and Raymond James, and had approximately 20 people. Intentional outreach to local community members so they can learn more about buying bonds sold by their local school district is unique and not typical for schools, and WISD is proud to live up to our values of serving our community.

Additionally, our architectural partners have been seeking input from administration, High Point staff and families on the initial schematic design for New High Point during the past eight weeks since the election in August. The architects now have all of our feedback and will work on finalizing plans for the new building's design over the coming weeks. These plans will formalize the layout for the new building, and future work will be needed to attend to details like furniture and technology.

 

September 2019

WISD is partnering with Stifel Public Finance to host a “Tax-Advantaged Municipal Investing Information Night for Upcoming WISD School Building and Site Bonds” on October 3. This event is for WISD staff and families, as well as local residents, to learn more about the opportunity to buy bonds that will support High Point’s reconstruction.

 

When? Thursday, October 3, 2019 from 6:00-7:00 pm

Where? WISD Teaching and Learning Center, Vogel Room A

Who? Anyone interested in learning more about buying bonds to support High Point’s reconstruction

 

Please RSVP to Corina Williams at (517) 381-1230 or williamsco@stifel.com.

 

September 2019

Saving Memories and Memorabilia

With only a few short months left at High Point before construction begins, we need your help to save meaningful memorabilia! The district wants to preserve important items that can be saved for the new High Point building. If you know of any memorial rocks, memorial trees, memorial plaques, special tiles, etc., please email High Point Supervisor Jennifer Parrelly at jparrelly@washtenawisd.org.

 

September 2019

We have a very ambitious timeline for the renovation and reconstruction of High Point school! The Board of Education authorized funding for schematic design work before the bond vote in order to allow us to pursue a schedule that will result in a return to the facility in the Fall of 2021.  Thank you to all of the High Point, Honey Creek, and Gretchen’s House staff that have provided input into the schematic design process.  At this point in the process, we have outlined core spaces to a level of detail that allows for a preliminary budget estimate.  We were able to review the budget estimates with representatives from the Construction Management and Architectural teams this past week.  The Construction Management team expressed appreciation for how far along the architectural plans are and noted that the level of details yields better cost estimates.  The good news is that the estimates are in line with available funding without having to make any major changes to the core blueprint.  While there is still a lot of work to do, we are on a positive trajectory and will transition into the “Design Development” phase of the project where the work gets much more detailed.