![]() ![]() The Peerys and district have been editing this document the board's authorization is needed for the superintendent to sign off on the final version. On July 9, the district received a draft of another document, the grant award letter, from Deseret Trust Company, sponsor of the Peery Family Fund. The total budget for the project is now $41.6 million. There are also design costs and expenses for things like landscaping, pool maintenance, moving costs and new equipment. With inflation that amount has risen to an estimated $18,636,000. Seven years ago, when a renovation, rather than full replacement, of the gym and weight rooms was identified as part of the Strong Schools Bond, the estimated cost for the full scope of work was $15,466,000, according to the district. The $17.6 comes from the $378 Strong Schools Bond measure that Palo Alto voters passed in 2008 to fund new construction throughout the school district. ![]() Of that amount, about $13 million will go to Vance Brown (which, plus the Peery family's donation, covers the contractor's total cost of $36 million) and the remaining $4.6 million is for other construction and "soft" costs. ![]() The district's budgeted share for this project has grown from $5.7 million to now, $17,671,555. They unanimously approved the lease-leaseback agreement as well as an escrow agreement that provides for the deposit of the Peery family's donation money and a resolution authorizing the county to establish a separate bond fund for the district's share of payments to Vance Brown. The board last discussed the project on June 23. The board will have to waive its two-meeting requirement to take action on these two items, which if approved would then return for ratification at an August meeting. Staff is also asking the board on Monday to approve an amendment to the project's "lease-leaseback" agreement, which allows the district to choose the Peery family's preferred contractor, Vance Brown, rather than entering a competitive bidding process and choosing the lowest bidder. The dedicated square footage for Paly's athletic purposes will more than double under the project, according to the district. ![]() The proposed complex - two gyms connected by an enclosed loggia, or hallway - will wrap around three sides of Paly's existing swimming pool, replacing the school's historic 85-year-old gym. Staff is recommending that the board authorize the superintendent to execute the final version of a "grant award agreement" for the Peery family's $24 million donation to build the state-of-the-art athletic center. The Palo Alto school board will convene for a special meeting Monday, July 13, to take action on two items relating to Palo Alto High School's new athletic center, a significant project made possible by a local family's multi-million dollar donation. UPDATE: The school board unanimously approved these two items related to the Palo Alto High School athletic center project 3 to 0 with President Melissa Baten Caswell and member Ken Dauber absent. Rendering courtesy of Tolbert Design Architects. The main gym is to the rear (flat roof), while a secondary gym is in the forefront (peaked roof). Plans for the new athletic center that is to be built at Palo Alto High School. ![]()
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