Attorney Doug Wilson conducted a public hearing at the March 17 Batesville Community School Corp. meeting about spending at most $2 million to address mechanical needs at the 23-year-old Batesville Primary School.
Noting that most heating and cooling devices have life cycles of 15-20 years, consultant Tim Pitts of EMCOR Construction Services, Fort Wayne, said the new equipment and repairs will conserve energy and save money. He recommended a new cooling system, boiler, water heater and classroom variable air volume boxes. In addition, digital controls should be upgraded, existing equipment fine-tuned and the roof needs repairs with certain sections being replaced.
Lindsay Simonetto, H.J. Umbaugh & Associates, Indianapolis, manager, said a $2 million bond with a 3.41 percent net interest rate would be repaid over 10 years. The estimated interest expense would be $375,596 and the maximum annual payment was projected at $266,498.
If the trustees voted to go ahead with the work, she spelled out what the project would mean to taxpayers. The maximum tax rate is $.0382. The annual property tax impact: $100,000 home, $12.51; $150,000 home, $24.93; $178,900 home (BCSC's median home value), $32.10; $200,000 home, $37.34; $250,000 home, $49.76; $100,000 rental or commercial property, $38.20; 1 acre of farmland, $0.78. The last two figures can be multiplied.
Jade Ritter questioned the roof repair, estimated to cost almost $500,000. "What is wrong with that roof that it needs that kind of money?" Tim Hunter, BCSC director of buildings and grounds, said, "There have been leaking issues off and on throughout the life of the building." Fasteners and valley flashings need to be repaired because of the way different hallways branch off. The blue sealant, which lasts for six to eight years, has broken down and a new coating should be applied. According to him, "If it's not addressed, that price would probably double."
Ritter asked, "What would it cost to replace the roof?" Pitts' answer was around $1.5 million.