RISK & FEASIBILITY ACTIVITY

Purpose

  • Discuss areas of risk and feasibility for the Properties Plan. Clarify areas of alignment and difference on comfort levels with risk, and feasibility of potential property outcomes.

Outcomes

  • Better understand risks, and potential benefits of selling property.
  • Better clarify Committee members’ comfort levels with selling property.
  • Better understand risks and potential benefits of leasing property.
  • Better clarify Committee members’ comfort levels with leasing property.
  • Better understand risks, and potential benefits of renovating property.
  • Better clarify Committee members’ comfort levels with renovating property.
  • Better understand risks, and potential benefits of providing or supplying housing.
  • Better clarify Committee members’ comfort levels with providing or supplying housing

SELLING

How comfortable are you selling this property?

Scenario #1: MCPS has a piece of property that is currently vacant and underutilized and is not, and will not, be a good fit for a future school.

This poll has concluded.

  • 1 - Not comfortable at all, MCPS should never sell property.
    27% (3 votes)
  • 2 - Not very comfortable, MCPS should only sell property as a last resort.
    36% (4 votes)
  • 3 - Somewhat comfortable.
    18% (2 votes)
  • 4 - Comfortable, MCPS should explore selling opportunities, among other options.
    9% (1 vote)
  • 5 - Very comfortable, MCPS should sell properties, if they are underutilized and not a good fit for schools.
    9% (1 vote)
Total Votes: 11

What’s the top priority when considering this sell?

Scenario #2: MCPS has a piece of property that is currently underutilized and is not, and will not, be a good fit for a future school. It has been determined that this property should be sold.

This poll has concluded.

  • Near Term Financial Health: MCPS should sell to relieve itself of maintenance costs in the short term, and maximize revenue to the extent possible, to meet the near term needs of MCPS.
    18% (2 votes)
  • Long Term Financial Health: MCPS should sell at the best possible time to maximize revenue in the long term, even if it means having the property go underutilized or maintaining operating costs, in the short term.
    27% (3 votes)
  • MCPS Community Benefit: MCPS should sell with the focus of filling the MCPS community’s needs for development, such as attainable housing or child care.
    27% (3 votes)
  • Public Benefit: MCPS should sell or swap land with other public agencies to prioritize public benefit, as identified by other public agencies.
    27% (3 votes)
Total Votes: 11

LEASING

How comfortable are you continuing to lease this property?

Scenario #3: MCPS has a piece of property that is currently being leased and is not a good fit for a future school.

This poll has concluded.

  • 1 - Not comfortable at all, MCPS should not lease property.
    25% (3 votes)
  • 2 - Not very comfortable, MCPS should only lease property as a last resort to other viable options.
    0% (0 votes)
  • 3 - Somewhat comfortable.
    0% (0 votes)
  • 4 - Comfortable, MCPS should lease in the near term, as a form of maximizing financial gain and community benefit.
    42% (5 votes)
  • 5 - Very comfortable, MCPS should continue leasing properties, in the near and long term, as a form of maximizing financial gain and community benefit, rather than selling or remodeling.
    33% (4 votes)
Total Votes: 12

What’s the top priority, when considering who and how to lease this property?

Scenario #4: MCPS has a piece of property that is currently underutilized and is not, and will not, be a good fit for a future school. It has been determined that this property will be leased.

This poll has concluded.

  • Financial Health: MCPS should lease this property to maximize revenue to the extent possible, to meet the needs of MCPS.
    45% (5 votes)
  • MCPS Community Benefit: MCPS should lease with the focus of filling the MCPS community’s needs for development, such as attainable housing or child care, even if we generate less income.
    36% (4 votes)
  • Community Partnerships: MCPS should lease with the focus of supporting community partners who provide benefit to the MCPS Community, even if we generate less income and it’s not the highest priority of the District.
    18% (2 votes)
Total Votes: 11

RENOVATING/INVESTMENTS

How comfortable are you investing in a renovation for this property?

Scenario #5: MCPS has a piece of property that is currently vacant and underutilized and is not, and will not, be a good fit for a future school.

This poll has concluded.

  • 1 - Not comfortable at all, MCPS should never renovate property that is not a school.
    18% (2 votes)
  • 2 - Not very comfortable, MCPS should only invest in and renovate property in rare circumstances.
    18% (2 votes)
  • 3 - Somewhat comfortable, MCPS should consider smaller investments for maintenance and upkeep.
    18% (2 votes)
  • 4 - Comfortable, MCPS should explore smaller range investments and renovating in properties to maximize community benefit and financial gain, such as $50k in rezoning.
    0% (0 votes)
  • 5 - Very comfortable, MCPS should consider investing in and renovating properties to maximize community benefit and financial gain, such as $10 million in a new building.
    45% (5 votes)
Total Votes: 11

What’s the top priority, when considering this renovation or investment?

Scenario #6: MCPS has a piece of property that is currently underutilized and is not, and will not, be a good fit for a future school. It has been determined that this property should be renovated.

This poll has concluded.

  • Financial Health: MCPS should make investments in and renovate property to sell and maximize revenue that can be used to support the District’s needs.
    36% (4 votes)
  • District Benefit: MCPS should make investments in and renovate property to support the District’s identified needs, whether that’s to support student activities or food service.
    36% (4 votes)
  • MCPS Community Benefit: MCPS should make investments in and renovate property to support the extended needs of the MCPS community, including housing or childcare.
    27% (3 votes)
Total Votes: 11

HOUSING

How comfortable are you with MCPS intentionally fulfilling the MCPS’s community need for housing?

Scenario #7: MCPS has a piece of property that is currently vacant and underutilized and is not, and will not, be a good fit for a future school.

This poll has concluded.

  • 1 - Not comfortable at all, this is not within the core purpose of MCPS.
    18% (2 votes)
  • 2 - Not very comfortable, MCPS should consider this in very rare circumstances.
    18% (2 votes)
  • 3 - Somewhat comfortable, MCPS should explore options.
    27% (3 votes)
  • 4 - Comfortable, MCPS should explore a range of opportunities to provide increased development for housing.
    18% (2 votes)
  • 5 - Very comfortable, MCPS should prioritize housing options for the MCPS community.
    18% (2 votes)
Total Votes: 11

What’s the preferred role for MCPS to provide housing?

Scenario #8: MCPS has a piece of property that is currently underutilized and is not, and will not, be a good fit for a future school. It has been determined that this property could be used for housing.

This poll has concluded.

  • Sell: MCPS should sell this property (at market rate) to developers to generate housing for the public.
    18% (2 votes)
  • Sell with Constraints: MCPS should sell this property (at or below market rate) to developers to generate housing specifically for the MCPS community.
    27% (3 votes)
  • Develop and Manage with Partners: MCPS should develop the property with housing partners, and partners should act as a landlord, with MCPS accountability.
    45% (5 votes)
  • Develop and Manage Housing: MCPS should develop and manage the property as housing for the MCPS community.
    9% (1 vote)
Total Votes: 11

SURVEY

Take a survey to help the District better understand the community's needs and priorities.