Tier 1 vs Tier 2
The Facility Master Plan includes a comprehensive listing of projects to be completed in the event of the passage of Measure I. A summation block shows the projects subtotaled and categorized into two sets, Tier 1 and Tier 2. Tier 1 projects will be paid with the bond amount. Tier 2 projects are optional and will be implemented if other funding sources can be secured.
The total cost of Tier 1 projects add up to $297M. This amount grows to $395M when a 33% continency is added to account for cost uncertainty.
The nature of Tier 1 and Tier 2 as well as the contingency was explained in the agenda notes for the 7/28/2022 school board meeting as shown below.