Board updates public on 2024 bond spending and approves consent items including FAC appointments
Summary
District staff reported early spending and design work across feeders under the 2024 bond program and the board approved consent items, including installation of three finance and audit committee members; directors requested additional bond‑spend projections for fall 2026.
Board members at the St. Vrain Valley School District meeting received a detailed update on 2024 bond program spending, project timelines and upcoming construction and approved the meeting's consent agenda, which included committee appointments.
Bond program staff said bond expenditures have begun and listed feeder‑level work: nearly $3,000,000 in the Erie feeder (design for a new elementary scheduled to open in 2027 and site work); design and secure‑entrance work at Lions Elementary; door‑access and security work and design at Frederick High School and Thunder Valley; drainage, site concrete and roof design in the Niwot feeder; parking and athletic work and a stadium design at Skyline; asphalt and playground work at Silver Creek and stadium design; HVAC and athletic improvements in the Longmont feeder; and districtwide projects including a new high school with a co‑located CTE facility and an Innovation Center expansion. Presenters said about "$8,684.6" from bond funds had been spent to date (transcribed as spoken at the meeting) and that some projects already completed included roofs, asphalt and bathroom renovations.
The presenters said the district has completed roughly $46,000,000 of construction associated with alternative and academy schools and that the Innovation Center expansion foundation has been poured. Staff noted the new PK‑8 at Mead will open in fall 2026 and a new elementary in Erie is expected to open in 2027.
A board member asked for an estimate of cumulative bond spending by fall 2026; the presenter said he would provide a spend‑down projection after the meeting.
On the consent agenda, the board moved and seconded approval of all items. The recorded responses included a set of affirmative votes and two absences: Mrs. Gilligan and Mr. Lechuga were recorded as absent; other members were recorded as voting yes or 'aye.' The consent list included the recommended installation of three Finance and Audit Committee members: Narciso Garibay (senior market leader, High Plains Bank), Katrine Schwinging (retired certified public accountant) and Amelia (financial advisor at Morgan Stanley), and the board welcomed the nominees.
The board did not take additional action beyond approving the consent agenda and requesting follow‑up bond‑spend figures.

