asmile4u
enthusiast
Posts: 774
Loc: Allen
Reg: 04-20-08
|
03-12-09 01:29 PM - Post#80336
In response to vrs
vrs, please help me out here. If I'm mistaken, please correct me. First off, is there a projected percentage for cost increases each passing year a new stadium isn't built? For instance, if it's $60 million now, is it $70 million next year, 80 the next and so on?
Then, just because the bond package is passed, it doesn't mean they would have to be sold immediately? Let's say, in 1-2 years the economy is more favorable, then instead of having to have another election if it doesn't pass this time, the district could proceed much more quickly and begin selling the bonds?
|
vrs
enthusiast
Posts: 2631
Loc: Allen, Texas
Reg: 04-20-00
|
03-12-09 01:53 PM - Post#80337
In response to asmile4u
vrs, please help me out here. If I'm mistaken, please correct me. First off, is there a projected percentage for cost increases each passing year a new stadium isn't built? For instance, if it's $60 million now, is it $70 million next year, 80 the next and so on?
Then, just because the bond package is passed, it doesn't mean they would have to be sold immediately? Let's say, in 1-2 years the economy is more favorable, then instead of having to have another election if it doesn't pass this time, the district could proceed much more quickly and begin selling the bonds?
Good questions all.
Construction costs go up over time. We used a 4% inflation rate on the stadium and auditorium and a 6% on the service center because it is farther out.
So the estimated cost of the stadium is 55 million (today's dollars) and the requested authorization is 55 million times 1.04 times 1.04.
These are just estimates of course. If the voters authorize the projects, then the final design process will begin and detailed construction documents drawn up and sent out for bid.
The bonds will not be sold (even though they are authorized) unless the Board understands that the debt is serviceable under current economic conditions - whatever those may be.
We have worked hard for quite a few months to make sure these are reasonably accurate estimates. However, if we have a bad hurricane season and steel goes through the roof or interest rates on AA bonds skyrocket, then all bets are off.
| Blessed be the cracked, for they let in the light. |
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 02:08 PM - Post#80339
In response to vrs
Typically, the bonds are voted upon ahead of detailed plans. Sometimes the plans need to be adjusted to accomodate the bonds sold and what can be purchased for the amount approved by voters.
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 02:14 PM - Post#80340
In response to DrivinTooFast
Can I ask a silly question?
Do we need to have a stadium that seats 18,000?
How does that capacity number compare to other nearby stadiums?
I go to a lot of football games and even during the playoffs, seldom are the stadiums above 70% utilization. Home games excluded of course since we have them stuffed to the gills (and flowing out the gills)at eagles stadium.
Is it a situation where a 10K capacity seating stadium costs $45 Million and for a few dollars more we can get to 18K? I am just currous about the number.
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 02:29 PM - Post#80342
In response to DrivinTooFast
Here is some information I gathered on Pizza Hut Park
History
The stadium, which cost approximately $80 million, opened on August 6, 2005 with a match between FC Dallas and the MetroStars, which ended in a 2–2 draw. The stadium has a permanent seating capacity of 20,500, and one end of the stadium, instead of having seats, has a permanent stage for hosting concerts. Like many of the soccer-specific stadiums being built around the country, it is expected that the stadium will make a significant amount of revenue by hosting mid-sized concerts, as well as various other sporting events, such as high-school football games. The stadium includes 18 luxury suites as well as a private 6,000-square-foot (560 m2) stadium club.
|
Al C
enthusiast
Posts: 5538
Loc: McKinney/Allen, TX
Reg: 02-16-01
|
03-12-09 02:39 PM - Post#80344
In response to DrivinTooFast
Pizza Hut Park compared to the proposed stadium is like comparing apples to oranges. Two totally different venues built for completely different events. Yes, the proposed stadium will be used for soccer too, but PHP is built for not only professional soccer, but also for concerts. It is also surrounded by a number of fields that may be used for tournaments, clinics, etc.
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 02:54 PM - Post#80346
In response to Al C
Well that's my point. $80 Million for a ripping good 20.5K seat stadium with multiple revenue streams or $60 Million for a 18K seat stadium that gets filled 6-8 times a year.
There in lies the rub with football stadiums, they only get fully used 6-8 times a year.
I would rather spend $80-90M jointly with the city and create something with residual benefits and revenue streams. PHP hosts numerous concerts throughout the year in addition to the soccer games and occassional football games. Admittedly though FISD has a hard time scheduling games in their own stadium since MLS takes priority scheduling and the stadium has the sterile feel of a morgue.
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 03:03 PM - Post#80347
In response to DrivinTooFast
$3,333 per seat seems a bit strong, but I guess you could break it down across 30 years and 8 games per year to $13.88 per game per seat for 30 years.
I guess ticket prices are going up. Will there be PSLs or luxury boxes?
|
Al C
enthusiast
Posts: 5538
Loc: McKinney/Allen, TX
Reg: 02-16-01
|
03-12-09 03:24 PM - Post#80348
In response to DrivinTooFast
Point taken. But, it will get used more often than for just HS football. As the AISD web site info says, it will be used for all levels of football (not just HS), UIL band competitions, soccer, playoff host, practice for many sports, and community events.
|
DrivinTooFast
enthusiast
Posts: 1349
Reg: 02-20-08
|
03-12-09 03:46 PM - Post#80350
In response to Al C
I understand, but for the rest of the events, you would be lucky to fill 1000 seats. The only time you need 18K seat capacity is home football games and maybe a band competition per year.
|
sco
enthusiast
Posts: 2669
Loc: allen,TX USA
Reg: 10-26-02
|
03-12-09 03:56 PM - Post#80351
In response to DrivinTooFast
I think your estimate of only 1000 seats for other events is probably low. You are probably correct that for the most part the stadium will only be filled to capacity for home varsity football games. Here's the way I look at it: There is no doubt that we need a new stadium. The existing one is 30 years old, in major need of repair, and entirely too small. It just doesn't make sense to me to spend a large amount of money building a new stadium and build it too small for football games. I can only imagine the backlash if the district were to build a new stadium and parents still couldn't get in to see their kids perform. That would not be pretty!!
|
workingmom
enthusiast
Posts: 1052
Loc: Allen, TX
Reg: 06-03-04
|
03-12-09 04:30 PM - Post#80355
In response to DrivinTooFast
I think you'd be surprised at how many spectators come to band competitions.
|
LoveAllen
member
Posts: 52
Reg: 07-29-07
|
03-12-09 04:41 PM - Post#80357
In response to vrs
Yep, that is my point not kids total 5,000 but families so that is not including those who have more then one child per family. I know several moms that home school and they have all total me that is about the total ( a year ago could be higher now)
|
LoveAllen
member
Posts: 52
Reg: 07-29-07
|
03-12-09 04:47 PM - Post#80358
In response to LoveAllen
I really do not think spending this money on this is a good idea and I thought this was already turned down last year?? Why is this up again? Can someone explain?
Can those of you for this honestly think this is the best way to spend tax payers money when we need more schools and better uncrowed schools! I do not think this is off topic because this money is being asked to be spent on a school function. And so many other towns that have even 2 high school with just 50,000 people and Allen is at 80,000-90,000 have and still only 1 high schools. I here the school is so over crowed it is to the point of WHY!! And here that so many people when there kids it to Jr. high are now moving to love joy, etc. so there kids can be at a nicer sized high school.
Edited by LoveAllen on 03-12-09 04:48 PM. Reason for edit: No reason given.
|
RRRquilter
enthusiast
Posts: 1243
Loc: Allen
Reg: 05-02-05
|
03-12-09 05:06 PM - Post#80359
In response to LoveAllen
My children are in classrooms with 22 children each. To me that is not overcrowded. Allen has continually kept up with building schools as the growth has climbed. Allen has chosen to be a one high school town - there are advantages and disadvantages to this. There may be those that move out of the district for a smaller school but that is the parents choice. I personally like what Allen offers and am happy to support the district.
|
workingmom
enthusiast
Posts: 1052
Loc: Allen, TX
Reg: 06-03-04
|
03-12-09 05:30 PM - Post#80361
In response to LoveAllen
My second son is currently at the high school and we don't have any issues with overcrowded classrooms OR getting the classes he wants to take. The high school is large but it is large enough to accommodate all the students. And they offer a myriad of classes/paths/even dual-credit with CCCCD. I personally LOVE the fact that we are a one high school town - one of the reasons we chose Allen. I love that there are no cross town rivalries within Allen since from 9th grade through graduation all Allen students are one student body. And I think that fosters the amazing school/community spirit that this town enjoys - believe me itt is not like this everywhere - we are very fortunate! And from what I've read AHS was built on the premise that Allen would remain a one high school town - decision made long before our family moved to Texas.
|
Bo
enthusiast
Posts: 148
Reg: 06-18-02
|
 03-12-09 08:41 PM - Post#80373
In response to workingmom
Great discussion going on here about the school bond election...seeing as this is a school district discussion, shouldn't this be under the AISD Forum instead of Town Hall Talk which is meant for City stuff?
|
Al C
enthusiast
Posts: 5538
Loc: McKinney/Allen, TX
Reg: 02-16-01
|
03-12-09 08:52 PM - Post#80376
In response to Bo
All of the city will vote on this ... whether they have students in the schools or not.
|
vrs
enthusiast
Posts: 2631
Loc: Allen, Texas
Reg: 04-20-00
|
03-12-09 09:39 PM - Post#80382
In response to Bo
Great discussion going on here about the school bond election...seeing as this is a school district discussion, shouldn't this be under the AISD Forum instead of Town Hall Talk which is meant for City stuff?
I posted it both places - exactly because many voters do not monitor school talk. This is the one that took off. You never know.....
| Blessed be the cracked, for they let in the light. |
|
vrs
enthusiast
Posts: 2631
Loc: Allen, Texas
Reg: 04-20-00
|
03-12-09 09:47 PM - Post#80384
In response to LoveAllen
I thought this was already turned down last year?? Why is this up again? Can someone explain?
These propositions have never been on the ballot. I cannot explain why you thought they were.
With regard to facility capacity for instruction, your home school numbers are off by at least a factor of 10. But in any case, we cannot build capacity for students we do not have.
| Blessed be the cracked, for they let in the light. |
|
