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Bond update: district reports $175.7M in proceeds, starts design and seeks oversight involvement
Summary
Board received a bond program update: $162.0M in bonds sold with $13.6M premium (total proceeds $175.7M), early work on high‑school fields and Pioneer Stadium, a community oversight committee was named, and staff recommended spending $6M of an Oregon Schools matching grant on three elementary schools.
David Hobbs, project lead for the district bond program, told the board that the district completed a successful bond sale and is moving into design and early construction planning for athletic fields, Pioneer Stadium and CTE spaces.
Hobbs said the district sold about $162 million in bonds and received roughly $13.6 million in premium, giving total proceeds of approximately $175.7 million. That amount, plus the district’s anticipated investment earnings and a separately approved $6 million Oregon Schools Capital Improvement Matching Grant (referred to as the AWESOME grant), will expand available funds for project work.
The nut graf: The district presented a schedule and scope plan that starts with fields and grounds work (restrooms, storage, turf, water and lighting) and Pioneer Stadium design; phase‑2 school design will proceed this year with staff and community engagement, while phase‑3 site tours are scheduled for May 27. Hobbs said 85% of bond proceeds must be spent within three years and that a program reserve will be used to manage unforeseen conditions and temporary facility needs.
Hobbs summarized scope planning: fields and grounds at the high school will include lighting controls, drinking water sources and restroom/storage options; Pioneer Stadium sits in a geologic hazard zone and will require city coordination. The district will engage principals, staff and community members in school‑level design workshops and has set dates for site tours and community oversight committee check‑ins.
Board members asked about outreach and transparency. Hobbs said the district posted an interest form, will work through principals to recruit staff and community volunteers for design teams, and will bring the community bond oversight committee into regular updates; the committee elected Greg Stoll as chair and Macy Tisdale as vice chair. Hobbs said program contingency and reserve funds will address modulars, unforeseen conditions when opening walls in old buildings, and other cost variability as designs are refined.
The board later approved a not‑to‑exceed contract amendment for OTEC Inc. to provide construction management/program management services and accepted the $6 million AWESOME grant; staff proposed directing the grant money toward Beaver Creek, Redland and Candy Lane elementary projects to address allocation shortfalls.
Ending: Hobbs said work on stadium and fields will likely begin in late summer or fall 2025 with construction phasing to respect athletic seasons; the oversight committee will present its first report in September of 2025.
