Board approves $29M bond statement, construction GMPs and routine finance items

The Broken Arrow Public Schools Board of Education approved a series of finance and construction actions during its Jan. 13 meeting, including authorization of a preliminary official statement for $29,000,000 of taxable general obligation bonds, guaranteed maximum price (GMP) amendments for two elementary school additions, and routine finance reports and consent items.

Miss Young presented the preliminary official statement in advance of a planned Feb. 11 bond sale for up to $29,000,000 and said the document had been reviewed by the board’s bond counsel. The board voted to approve the preliminary official statement.

Construction items: Mister Leach brought two GMP amendments and recommendations to award contracts to the lowest responsible bidder and to assign those contracts to Miller Tippens Construction. The board approved a GMP amendment for Rosewood Elementary in the amount of $4,098,992 and a GMP amendment for Highland Park Elementary in the amount of $3,016,176. Leach told the board all bidding was conducted under the Oklahoma Competitive Bidding Act and that the district’s financial obligation under both GMP amendments is contingent on the sale and receipt of lease revenue bond proceeds from the Tulsa County Industrial Authority in the amounts stated.

Routine finance and consent items: The board approved the activity fund and treasury reports for December, change orders for the period Dec. 5, 2024–Jan. 8, 2025 (a net decrease shown in the change orders report), an encumbrance report, and general consent items 13–37 as a block.

Other approval: The board approved the purchase of a routing and student‑tracking system from Tyler Technologies paid from transportation bond funds; the transcript did not specify a final dollar amount. The board also approved the assignment of contracts for Rosewood and Highland Park to Miller Tippens Construction as described above.

Votes and roll calls: For the recorded roll calls on these routine and finance items the transcript records the same four board responses: Missus Taylor — Yes; Missus Roulette — Yes; Mister Denton — Yes; Mister Allen — Yes. Where a mover or seconder was not named on the record, the motion/second was recorded but individual mover names were not specified in the transcript.

Why this matters: Approving the preliminary official statement and the GMP amendments sets the district on a timetable for bond financing and construction work contingent on bond closings. The purchases and routine financial approvals represent the district’s ongoing stewardship of funds and preparation for capital projects.

The board took all approvals by roll call and adjourned after completing new business.