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Lewisville ISD provides multi-year bond construction update; $13.5M remains in 2017 bond funds
Summary
The district’s construction update covered closeouts on the 2017 bond, progress and upcoming Guaranteed Maximum Price (GMP) items from the 2023 bond, and design and procurement work for 2024 bond projects including stadiums, aquatics and athletic-field upgrades.
Lewisville ISD’s construction and finance staff delivered an extensive update on the district’s multi-year bond programs, reporting project closeouts, construction photos and anticipated procurement steps for 2023 and 2024 bond items.
The presentation said the 2017 bond program is nearly complete: “we are showing approximately 13.5 million remaining in 2017 bond funds,” the presenter said, noting two remaining open projects and limited unallocated savings. Staff reviewed completed 2017 work (libraries, auto lab, press box and concessions) and photos from recent completions.
The board heard status reports on the 2023 bond construction program, including ongoing 20-year life-cycle projects, playground and marquee replacements, track and field lighting, and the Tech East auto/welding lab sequence. Staff previewed multiple GMPs (Guaranteed Maximum Prices) that will come to the board in upcoming consent agendas, including auditorium and renovation projects; one GMP (a school auditorium) exceeded its budget by about $965,000, and staff recommended proceeding rather than re-bidding because trade-bid coverage was adequate.
For the 2024 bond, staff described design and early construction work on stadium 20‑year projects, aquatics center renovations (East and West), synthetic turf at middle schools and field lighting upgrades. The Aquatic Center East renovation is scheduled to begin this summer and will remain closed to the public during work; the district anticipates shifting some high-school practices to the West facility during that time and noted rental availability will be affected.
Staff outlined next steps: several GMPs and Construction Manager at Risk (CMAR) selections will be presented as consent items at the board’s next business meeting; further GMPs are scheduled for May. The presentation included timelines for projects expected to begin summer construction and noted long lead times for equipment such as chillers, fire alarms and certain electrical components.
