Site work and new construction of an educational facility in Farragut, Tennessee. Conceptual plans call for the construction of a educational facility; and for site work for a educational facility.

Farragut Elementary Grades Solution As approved in the FY 21 CIP, Barber-McMurray Associates (BMA) has completed a feasibility analysis of the accommodation options for the elementary student population in the Farragut Primary and Intermediate School zone. The BMA report is Attachment D to this proposal. In short, the BMA analysis finds that classroom additions allowing support of up to 1500 students at each of the two schools may be possible. However, completing improvements to the cafeteria, library and other core amenities to support an expanded population are more problematic. BMA also looked at traffic patterns at the schools and whether it is possible to better accommodate current and future traffic. While they identified some options in this regard, the options only mitigate traffic issues and do not alleviate them. Additionally, we have cost opinions of as much as $28.06 million to complete the additions at both schools. These projections place us in the range of the cost to building a new school, while not fully addressing all of the needs of the existing facilities including traffic management and the size of the core amenities such as libraries and cafeterias. Operationally, I believe the best solution to the challenges we face is to build a new school to serve a significant portion of the K-5 population in the Farragut area. This will be challenging given the limited availability of affordable, buildable property in a geographically acceptable area. Nonetheless, I think we need to pursue building a new school in the Farragut area that will allow us to accommodate at least 600 students in the current population and provide for growth of 300-400 additional students over the coming years. We have proposed a $5 million fund balance designation for FY22 to help us jump start this process and purchase suitable property in the Farragut area. We are also reflecting an estimated construction cost similar to the bids we received on the northwest elementary school project. As of March 11, 2022, this project is currently in the FY 2022-2026 CIP . Funding for this project is allotted in the city's capital improvement plan for construction Fy 2023. A firm timeline has not been established; however, construction is scheduled for Fiscal Year 2023. *Project information has been obtained through a public capital improvement plan (CIP). A CIP is a financial schedule for short- and long-range projects which is updated regularly. Information listed in the CIP often evolves based on funding availability and the project details, including timeline and value, are subject to change. The content management team will continue to pursue additional details as they become available.