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Platte Valley Bank donates $100,000 to Morrill complex project

Platte Valley Bank donates $100,000 to Morrill complex project

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The Morrill Public Schools district accepted a hefty donation from Platte Valley Bank for its agriculture education complex at the school board’s meeting Monday night.

PVB President Zac Karpf, along with PVB Community Banking President (Morrill) Matt Harris, handed over a check for $100,000 to MPS Superintendent Joe Sherwood and school board president David Sherrod.

The donation makes PVB the title sponsor for the ag complex that will be built at the old Brownsfield baseball complex in Morrill, which the Village of Morrill donated to the school district through a purchase agreement of $0, aside from closing costs, at the end of March 2021.

Both PVB representatives and MPS representatives signed two copies of the contract, which stated the $100,000 would be distributed to the district over the course of a four-year period: from Sept. 13 to Nov. 15, 2025. The first installment will be $40,000 this year, followed by $15,000 each year after.

“I just really want to express appreciation on behalf of Platte Valley Bank for allowing us to be the title sponsor of the complex,” Karpf, who is also a 1996 Morrill alum, said. “…Our company’s very involved in agriculture, and so this is a real natural fit for us. We’ve been committed to the Morrill community for many, many years, so … it’s kind of a no-brainer that we wanted to be part of this. So (we’re) very pleased to be the title sponsorship, we wish you all the best of luck, us some as the program gets implemented, and especially as the future of agriculture — I think that’s a very exciting part for us to be involved in and understanding that Morrill Public Schools is promoting that in our communities, it’s great to see.”

Currently, the total cost of the project is estimated at roughly $700,000, based on a bid from Russell Reisig Excavation and Construction. The complex was originally estimated at $400,000 in April.

According to Sept. 20 meeting documents dated Aug. 10, the bid was $782,634; however, Sherwood said at the Sept. 20 meeting that Reisig lowered the bid by $85,828 through “value engineering” after a meeting and agreement with the architect.

Approval of the modified bid from Russell Reisig Excavation and Construction, which is now at $696,806, was tabled to the next school board meeting in order to first meet with Mitchell Public Schools to see what role, if any, the district might like to play in the agriculture education complex, which is being built specifically for the Morrill-Mitchell FFA program. That meeting is set for Monday, Sept. 27, Sherwood said.

olivia.wieseler@starherald.com

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Reporter

Olivia Wieseler is a reporter with the Star-Herald. She can be reached at 308-632-9051 or by emailing olivia.wieseler@starherald.com.

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