District administrators told the Provo City School Board on Sept. 19 that the long‑debated Dixon site can support several options and that fiscal sequencing will shape timing. The options discussed included building a new elementary school on Dixon and moving Timpanogos‑based programs (East Bay Post High, adult ESL/education, and CTE) into a retrofitted Timpanogos campus; another scenario considered selling or repurposing other district properties to limit taxpayer burden.

Finance and facilities staff shared ballpark amounts to orient the board: current lease costs for East Bay Post High run about $150,000 per year; site utilities at Dixon (with partial occupancy) average about $125,000 per year; demolition of the existing Dixon building is estimated in the $2–4 million range; and construction bids for recent elementary projects placed costs near $415–$450 per square foot. Using that pricing, an 80,000 square‑foot elementary (a size comparable to Lakeview in the presentation) could cost roughly $40 million including furniture, fixtures and equipment and design fees. Administrators also explained bond mechanics: at present assumptions, every $10 million in lease revenue bonds carries roughly $825,000 per year in debt service over 20 years — an example impact board staff translated as approximately $22 per year for a $500,000 home for each $10 million issued.

Board members asked detailed sequencing questions: when bonds roll off the levy, when demolition should occur, and whether retrofitting Timpanogos (discussion figures ranged from roughly $11 million to $20 million in board conversation) could be staged to limit upfront spending. Trustees also raised community trust issues: some residents feared prior commitments had been broken on district properties and asked for firm timelines and assurances that Dixon would not be left vacant and deteriorating.

Administrators recommended a phased approach: confirm the site plan, issue RFPs for architect and construction manager, sequence demolition and retrofit work, and return with detailed financing options that include possible asset sales and capital‑reserve usage to reduce taxpayer exposure. The board asked staff to prepare public‑facing materials that compare funding scenarios and explain how proposed site uses would address district needs for East Bay Post High, adult education, CTE, and potential district office space.

No bond authorization or final site decision occurred at the study session; trustees asked for more specific financial scenarios and clearer public outreach before a vote.