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Forbes campus HVAC needs estimated at $14 million; board hears bond option
Summary
At a recent committee meeting board members reported Forbes campus faces an estimated $14 million immediate HVAC need and are exploring bond issuance to fund capital improvements.
Board members reported at the March 17 study session that the Forbes campus faces significant deferred capital needs, with an estimate of about $14 million to address HVAC work and related electrical upgrades.
A district representative summarized a recommendation from the Forbes committee to explore bond issuance as the practical financing route because the scale of the work exceeds typical capital-improvement reserves. "We've narrowed it down to the HVAC system, and the recommendation was made to explore bond issuance because these things... simply have to get done, and $14,000,000 is..." a board member said during the meeting.
Committee members discussed cost-sharing among participating districts for joint facilities and noted the district's capital improvement budget is relatively small. The discussion also noted an electrical-panel replacement as a separate million‑plus cost that has been deferred and is now urgent. Board members said further conversations would continue on possible resolutions; no formal bond authorization vote was recorded in the March 17 study‑session transcript excerpt.
