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Provo School Board approves intent to issue $70 million lease revenue bonds and several policy updates

2160160 · January 29, 2025
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Summary

At its Jan. 28 meeting the Provo City School Board voted unanimously to express intent to issue lease revenue bonds to complete Tempe View High School and advance planning for Dixon sites, and also approved multiple policy updates and a Canyon Crest Elementary land trust amendment.

The Provo City School Board on Jan. 28 unanimously approved a resolution expressing intent to issue lease revenue bonds and passed a series of policy updates and a school land-trust amendment.

The board met at 280 West 940 North and convened briefly as the Provo City School District Building Authority to consider an intent resolution to issue lease revenue bonds. Devin Daley, the business administrator, summarized the plan and said the issuance would be for $70,000,000 to complete Tempe View High School and to begin planning for the Dixon sites. The resolution approved on Jan. 28 expresses intent to explore that issuance; the board will consider final approval at its Feb. 25 meeting at 6 p.m.

Votes at a glance (recorded motions and outcomes):

- Motion: "I move that we convene as the Provo City School District Building Authority." Motion recorded as made by Vice President Gina Hales; second recorded as board member Boyse; outcome: approved (unanimous). Note: the board then convened as the Building Authority and later adjourned that body.

- Motion: "I move that we approve the resolution expressing intent to issue lease revenue bonds." Motion recorded as made by board member Van Waggman; second recorded as board member Harrison; outcome: approved (unanimous). Details: intent is to issue $70,000,000; a final approval vote on bond issuance is scheduled for the board's Feb. 25 meeting at 6 p.m.

- Motion: "I move that we approve updated policy 1100 board member elections and redistricting as discussed with any changes in the study session." Motion recorded as made by board member Boyse; second recorded as board member Van Waggman; outcome: approved (unanimous). Notes: policy 1100 states that elections are run by Utah County and filing deadlines are set by the Utah State Legislature; language change replaced the term "reapportionment" with "redistricting."

- Motion: "I move that we approve policy 1200, fiscal responsibilities of the board as discussed in study session." Motion recorded as made by board member Hall; second recorded as board member Harrison; outcome: approved (unanimous). Notes: new policy establishes the board's duties related to fiscal policies and procedures.

- Motion: "I move that we approve the updates to policy 1430, public input in board meetings as discussed in the study session." Motion recorded as made by board member Harrison; second recorded as board member Van Wagonen; outcome: approved (unanimous). Notes: updated language requires an agenda space for public comment, caps public comment at one hour unless the board votes to extend, and limits individual speakers to three minutes each.

- Motion: "I move that we approve policy 6023, Title I, Part A, comparability as discussed in study session." Motion recorded as made by board member Boyce; second recorded as vice president Hales; outcome: approved (unanimous). Notes: the policy is required by the state and addresses how Title I funding is treated to ensure comparability.

- Motion: "I move that we approve the amendment to the Canyon Crest Elementary Land Trust Plan as discussed in study session." Motion recorded as made by board member Van Wagonen; second recorded as board member Harrison; outcome: approved (unanimous). Notes: amendment adjusts language related to assessments and a percentage goal tied to identified English language arts students.

The board repeatedly voted "Aye" on motions; meeting records show unanimous passage for each item. Several motions were prefaced by discussion in a prior study session; the board and staff noted that comments and feedback on the bond proposal may be submitted by email or at intervening meetings before the Feb. 25 final hearing.

Ending: With the votes complete, the board adjourned its business meeting. The board will hold the next regular meeting and the scheduled Feb. 25 hearing, where the lease revenue bond issuance would return for final action if the board proceeds.