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GISD details projects and timetable for newly passed $75 million bond
Summary
Board facilities staff outlined how the $75 million bond passed by voters will be issued across 2026–2029 and reviewed priority projects including Chaparral campus construction, Santa Teresa middle-school land options and district-wide roof and systems upgrades.
Gadsden Independent School District staff told trustees the $75,000,000 bond voters approved will be issued over four years and is aimed at campus construction, safety upgrades and deferred maintenance.
Facilities staff said the district intends to sell the debt authorization in four roughly equal issuances from 2026 through 2029; the first issuance is anticipated at about $18,750,000 in October 2026. “We passed the $75,000,000 bond,” staff told the board, and emphasized that inflation and tariffs make modern construction costs higher than past…
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