Public Informational Meeting Waterbury Municipal Complex

Thatcher Brook Primary School GymnasiumWednesday, February 19, 2014

6:30pm-8:00pm

Agenda

•Mission & Vision for Project•Project Timeline/Process•VIA Design Review

Site Plan Building Floor Plans Rendering Program Information

•Project Cost/Financing Options•Questions & Answers

Priorities from September Questionnaire

Visibility from Main Street

Purchase of the State Complex parcel

Include Village Police in the project

All 4 municipal uses in 1 location

Community meeting space

Use existing municipal facilities

Space for future expansion

Include expansion of the library

Size of the project (square feet)

Location outside of the flood plain

Location in the flood plain designed to minimize effects of any future flooding

Energy efficient building(s)

Cost to taxpayers

1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0

2.3

2.3

2.6

2.7

2.8

2.8

3.0

3.1

3.2

3.4

3.4

4.2

4.5

3. Moving forward, to a new bond vote in March, there are several priorities people may have for this project that are listed below. Please rate how IMPORTANT each priority is to

you by placing any number between 1 (very UNIMPORTANT) and 5 (very IMPORTANT

Project Timeline• Inadequate municipal offices prior to Irene flooding•August 2011 – Municipal offices flooded•Opportunity to combine needed municipal functions•$1 Million grant awarded February 2013•Failed bond vote on June 27, 2013•Feasibility Study to review all potential sites•Voter Survey – September 2013•Public input and plans for new facility - 2014

Design Review by Vermont Integrated Architecture, P.C. (VIA)

Experience with municipal buildingsExperience with historic buildingsExperience with libraries

EXISTING CONDITIONS - SITE

Program Summary

Program SQ. FT.

Municipal 4,659

Library 7,656

Historical Society 1,070

Shared 2,565

Total Square Feet 15,950

Program Summary

Program SQ. FT.

Municipal 4,659

Library 7,656

Historical Society 1,070

Shared 2,565

Total Square Feet 15,950

Budget Summary

Total Construction Cost $4,984,372

REVENUE

Cash on Hand $1,814,372

Additional Anticipated Funds $220,000

Subtotal $2,034,372

Bond $2,950,000

Property Value

20 yr Bond(3.637%)

30 yr Bond(4.153%)

$100 $0.0338 $0.0289

$100,000 $33.80 $28.90

$200,000 $67.60 $57.80

$300,000 $101.40 $86.70

$500,000 $169.00 $144.50

$1,000,000 $338.00 $289.00

Objectives Achieved1. The cost has been reduced significantly from $7.8m

to $4.98m2. The building is designed to maximize energy

efficiency3. The property is municipally owned, in the village

and above the floodplain4. The size of the project has been reduced and does

not include police5. There is space available for future expansion

Questions?

Where can I find more information?

•www.waterburyvt.org•Front Porch Forum•Email: bondquestions@waterburyvt.com•Contact: Select Board members, Library

Commissioners, Historical Society members

VOTE!•Early Voting at Town Offices above the Main Street

Fire Department, M-F, 8 am - 4:30 pm•Town Meeting Day – March 4, 2014, 7 am-7 pm TBPS

THANK YOU

Budget Cost Summary

Construction Cost $4,351,724

Design Fees $314,221

Owner’s Costs $318,427

Total Project Costs $4,984.372