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District proposes bond-series project transfers; debate focuses on band trailers and ownership liabilities
Summary
District administration recommended moving select projects between the two series of the 2024 bond to accelerate priority work; board members and parents pressed administrators about use of bond funds to buy band trailers, who may drive them and insurance/liability arrangements.
District staff presented a recommended set of project transfers between the two sale series of the 2024 bond program and asked the board to approve the adjustments at the district's next general meeting, citing timing, economies of scale and the need to move urgent safety projects forward.
Don Gratton, presenting for administration, told the board the $188,700,000 bond approved by voters in May 2024 was planned to be sold in two series to realize interest savings and that transfers between series are largely neutral in dollars. The administration’s rationale included aligning similar work to achieve economies of scale, limiting general-fund…
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