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Superintendent outlines $36–38 million building plan, proposes $40 million bond to provide cushion
Summary
Dr. Dearman, the district superintendent, told the Board of Education that consultants are advancing conceptual designs for a new building project and that community engagement sessions are expected within about six weeks.
Dr. Dearman, the district superintendent, told the Board of Education that consultants are advancing conceptual designs for a new building project and that community engagement sessions are expected within about six weeks. He said preliminary cost estimates for the building work are about $36 million to $36.5 million, with an additional roughly $1.5 million for furniture, fixtures and equipment (FF&E), for an all‑in estimate “roughly $38” million.
The superintendent said the district has discussed issuing $40 million in bonds through Bernardi Securities to provide a roughly $2…
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