The Plan
Improve Existing Site & Building
We heard the community; this plan is different: Added instructional and community space without sports and athletic enhancements.
The 2025 “Smart, Safe, Strong” plan includes a building addition that would house a two-station gymnasium with seating, a walking track and a fitness/weight room. Other proposed additions to the include a new auditorium to replace the existing auditorium (which would be demolished) music rooms and Career Technical Education (CTE) instructional spaces. Please see additional details in this site’s FAQ.
Heeding community feedback, this referendum does not include elements of the 2023 referendum: specifically, it does not seek funds for sports and athletic enhancements.
How will the money be spent?
Osakis Public Schools Planning Budget
Building Additions | $23,950,544 |
Renovations | $1,075,576 |
Mechanical Upgrades | $457,950 |
Site Improvements |
$820,000 |
Demolition | $860,000 |
Fees, Permits & Testing | $2,136,498 |
Construction Contingency | $1,336,311 |
Escalation | $1,223,121 |
FF&E / Technology | $400,000 |
Total Construction Budget | $32,260,000 |
Other Costs | |
Capitalized Interest | $64,000 |
Underwriter’s Discount | $326,000 |
Cost of Issuance | $228,221 |
Reoffering Premium | -$278,221 |
Total Other Costs | $340,000 |
Total Par Bond Amount | $32,600,000 |