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Staff outlines bond balances, remaining Crimson projects and portable additions; track bid lowest responsive bidder recommended for award
Summary
Finance staff reported available bond balances and remaining allocations for Crimson High and Crimson Middle projects, and recommended awarding the Snow Canyon track contract to Hughes as the lowest responsive bidder, subject to formal board action.
District finance staff gave a detailed update on bond balances, remaining project costs and contract recommendations during the May 8 session.
The packet reported a bond balance of about $48.34 million as of April 30 after prior issuances and expenses; with an additional $20 million to be issued the district would have approximately $69.94 million available before assigning new project totals. Remaining projects listed included Majestic Fields (minor…
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