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Board tables decision on Bobby Morrow stadium projects after financing discussion
Summary
The San Benito CISD board discussed replacing the Bobby Morrow track, scoreboard and stadium lighting and reviewed third‑party financing options but took no action, moving the item to executive session for further review.
The San Benito Consolidated Independent School District Board of Trustees on July 28 discussed proposed replacement of the Bobby Morrow Stadium track, scoreboard and lighting and reviewed financing options supplied by third‑party lenders, but tabled action to allow further review and legal consultation.
Why it matters: The stadium projects involve substantial capital work and several vendor contracts and would be financed via third‑party funding if the board approves—decisions that affect district facilities, athletic scheduling and long‑term debt commitments.
During the action‑agenda discussion, the district’s representatives described three separate vendor awards under consideration: Musco for lighting, Ace for the scoreboard and Hellas for the track. Contractors representing the project presented financing scenarios they had negotiated with GovCap (Government Capital), which the presenters described as a lender that specializes in government and school financing. Presenters said GovCap offered a lower‑cost financing package than a…
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