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Superintendent urges board to consider long-term facilities bond while city evaluates arena; district faces tightening reserves
Summary
Superintendent reported on an upcoming city decision about the ice arena, recommended holding to the district's prior $5 million commitment for a new arena if the city proceeds, and urged the board to consider a 3.5–5.0 million LTFM bond to address high-priority facility repairs as reserves decline and budget reductions loom.
Superintendent John updated the board on facility needs and budget projections and urged trustees to consider a long-term facilities maintenance (LTFM) bond to fund urgent repairs while the city evaluates options for a local ice arena project.
John said city officials expect cost estimates for refurbishing the existing ice arena in April or May, and he reiterated that the district’s previous motion committing $5 million applied only to a new facility. “I would recommend that you hold to that,” John said, referring to…
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