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Gadsden ISD drafts $75 million bonding brochure; Chapel Middle rebuild and districtwide repairs top priorities
Summary
District staff presented a draft 2025 gold‑bond brochure showing an increased bonding capacity and a preliminary project list that includes a potential demolition‑and‑rebuild at Chapel Middle School and major district infrastructure work; cost estimates and final priorities remain to be set.
GADSDEN, N.M. — Finance and facilities staff showed the Gadsden ISD Board a draft bond brochure for a 2026 bond program after the district’s bonding capacity was projected to increase from about $38 million to roughly $75 million.
Jessica Cadena, director for support services, said the draft (labeled a working document) lists high‑priority items including demolishing and rebuilding Chapel Middle School — a project expected to have costs comparable to recent…
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