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Sumner-Bonney Lake board approves architect agreements, hears $175M bond sale and midyear budget update
Summary
The Sumner-Bonney Lake School District board approved architect agreements for major high‑school additions and received a bond and fiscal update that included a $175 million bond sale, maintenance of the district—s credit rating and a midyear spending shortfall that will require small adjustments.
The Sumner-Bonney Lake School District board on Wednesday approved architect agreements tied to the district—s 2024 bond program and heard a fiscal update showing a midyear spending gap and a recently completed bond sale.
Board members voted to authorize the superintendent to execute an architect agreement with BCRA Incorporated for the Bonney Lake High School expansion and separately approved an owner-architect agreement for Sumner High School Phase 2 (the agenda listed the firm for that contract; spelling in the minutes varied). Both motions passed by voice vote.
“The board—s recommendations are to authorize those agreements,” the presiding board member said during the meeting before motions and votes were recorded.
Chief finance and district operations officer Brian told the board the district recently closed a bond…
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