CIS Expansion Community Meeting

24 May 2018

CIS EXPANSION PROJECT

A Growing Community

�Enrollment increases

�Demand for additional spaces

�Enhancing quality of education

Admissions

Enhancing Education

�Increased opportunities

�The physical environment

�Contemporary education

Campus Design

Early Childhood

Early Childhood

Main entrance conceptual rendering

Classroom conceptual rendering

Motor & Music conceptual rendering

Library conceptual rendering

High School – Level 1

High School – Level 2 and 3

EXPANSION TEAM

Cayman International School

o CIS Board

• Liz Duffy, President of ISS

• Kristin Evins, CFO of ISS

• David Randall, ISS Vice President Caribbean

• Sonia Krutka, CIS Board Recording Secretary

• Jeremy Moore, CIS Director (non voting)

• Other ISS executives attend as needed

o Parents

o Students

o Faculty

International School Services

o ISS has been dedicated to world-class education for over 55 years

o Headquartered in Princeton, New Jersey, USA

o ISS is non-profit organization, 501(c)(3)

o ISS owns and governs CIS

Dart

Based in the Cayman Islands, Dart has a global portfolio of investments including real estate, hospitality, retail and biotech

Dart is the owner and developer of Camana Bay

CIS was the first building to open in Camana Bay on 6 September 2006

Dart

Minds Inspired: STEM-inspired community events and programmes

Dart Scholar: high school and university scholarships

Kenneth B. Dart Foundation: fostering economic, and social sustainability

Perkins + Will

Perkins+Will is a US-based architectural firm founded in 1935 with offices in Miami

Collaboration with clients all over the world to create healthy, sustainable places

Perkins+Will principal Lawrence Kline was lead architect on original CIS project during his time at Spillis Candela

EXPANSION FACTORS

Financing

Partnership between CIS and Kenneth B. Dart Foundation

US $60m development costs of expansion funded by Kenneth B. Dart Foundation

CIS lease until 2043

Facilities Agreement

The Kenneth B. Dart Foundation owns the school buildings

Camana Bay owns and operates the ARC and Sports Complex

CIS has use of the ARC and Sports Complex during school hours

ARC and Sports Complex are available for hire out of school hours

CIS Operations 2016/17

CIS Operations: Other 2016/17

Tuition and Fees

EXPANSION TIMELINE

JUNE

2018Construction

starts

AUGUST

2019Early

Childhood completion

AUGUST

2020High School completion

QUESTIONS?

Thank you for coming!