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Trustees approve $40 million from 2017 bond earnings to prioritize Saginaw High athletics upgrades
Summary
The Eagle Mountain-Saginaw ISD Board of Trustees voted 7-0 April 28 to use $32 million in bond investment earnings and $8 million in project savings from the 2017 bond program to advance athletics and related facility upgrades at Saginaw High School, including a multipurpose facility and campus agriculture classrooms.
The Eagle Mountain-Saginaw Independent School District Board of Trustees voted 7-0 on April 28 to use $32 million in investment earnings from the district’s February 2017 bond issuance and $8 million in project savings to prioritize athletics upgrades at Saginaw High School, including renovations, a multipurpose facility and campus agriculture classrooms.
Board members said the money must be used for capital projects allowed under the 2017 bond language. “Must be spent on capital improvement projects approved by the voters for building and equipment equipping school facilities,” Clete Welch, the district’s operations lead, told the board during the staff presentation.
The money stems…
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