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Gravette board approves bond application for high-school addition, authorizes short-term fund transfer and technology upgrade
Summary
The board authorized submitting a permit to issue $5.14 million in construction bonds for a storm‑rated six-classroom addition, approved a temporary transfer of up to $350,000 from the building fund to operating cash, and moved forward with district technology and other purchases and grants.
The Gravette School District Board of Education voted on multiple financial and capital items at its March meeting, including a motion to submit a permit to issue $5,140,000 in construction bonds for a high-school addition designed as a storm-rated shelter with classroom space. The board also authorized the business manager to temporarily transfer up to $350,000 from the building fund to general operating cash and approved district technology purchases and several grants.
The board moved to submit a bond permit and related documents to the Arkansas State Department of Education and to employ Beardsley as fiscal agent; the motion included authorization for the superintendent to accept or reject the best bids in consultation with the fiscal agent. District presenters and the board framed the project as a six-classroom addition that would double as a hardened storm-shelter structure and would increase high-school capacity as the district anticipates 50 to 80 additional students in coming years. A Crossland Construction representative who reviewed comparable projects said schematic…
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