An informational meeting was held on Tuesday, September 24, 2013 at 7pm in the Town Hall & Fire Station to present the project to the voters of the Town of Pleasant Valley.

Below is the information that was presented to the residents who attended the meeting:

Needs Assessments:

Town Board /Office Area

• Board Meeting room
• Separate, secure town office area
• Separate, larger secure storage area
• Larger space for elections

Fire Department 

• Training area
• Larger size with additional bays
• 3 bays with 12 X 12 overhead doors and 2 drive-thru bays with 14 X 14 overhead doors
• Shower/bathroom facilities
• Storage racks
• Underground water storage tank equipment with pump
• Utilize existing well if possible

Community Center/Town Hall

• Community Center with seating of 200+ for large community gatherings, large town meetings, elections, large family gatherings
• Meeting spaces for local clubs (4-H's, Lions Club, Church groups, Snowmobile Club, Scouts)
• Other club and town activity space (Firemans Pancake Breakfast, 4-H Cookie Walk, Harvest Fest activities, Lions Club events, etc)
• Adequate restroom facilities
• Kitchen and serving area

Other needs

• Revitalize building exterior and interior
• Additional parking for larger events
• Larger cold storage building for Highway Dept.

Other considerations received from building committee, town board and community groups:

• cost savings of utilizing exsisting building
• use of existing, town owned land
• relocate town recycling center on town property
• complimentary exterior look to surrounding area and history
• community is growing as are the needs
• relocate exsisting grilling pavilion
• use existing well
• use existing septic system
• install water holding tanks below ground for trucks to fill as well as to supply water for interior sprinkler system

Proposed Cost of presented project:

$2.4 - 2.5 million includes

• landscaping
• exterior concrete work
• asphalt
• excavating
• community center with kitchen area
• center lobby/restrooms/mechanical/fire offices
• overhangs/canopies
• remodel current town hall
• remodel and add-on to existing fire station
• water supply for fire supression
• furnishings
• new cold storage building for highway department
• contingency funds
• soil borings
• fees for construction management firm and design firm

Projected Property Tax Increase:

Based on a term of 20 years with an interest rate of 4.5%,

2013 Assessed Value

• $100,000 assessed value = $64.50
• $200,000 assessed value = $129.00

2018 Assessed Value - estimating increase in town growth and assessed value

• $100,000 assessed value = $60.19
• $200,000 assessed value = $120.80

Steps and Information Regarding the Issuing of Debt

Steps are dictated by State Statutes

• Qualify for Loan - total debt may not exceed 5% of equalized value ($302,358,800) of taxable property
• Note: the town does not currently have any debt
• Any debt incurred cannot extend beyond 20 years from the date the original obligation occured
• The Town Board will call for a Special Town Meeting at a regular Town Meeting. Date would be set at that time.
• The Special Town Meeting would be posted and published 15-20 days prior to the meeting.
• Special Town Meeting would be held for the voters of the town to vote on authorizing the town board to construct said project.
• Residents of the Town of Pleasant Valley who are qualified voters may vote.  Secret ballot method will be used.
• If approved by the voters, the Town Board, at a regular town board meeting, would then act on approving the most favorable lending institution and proceed with the loan application.