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Board ratifies promissory-note parameters as facilities project stays within contingency; opts for newsletters rather than mass postcards on tax information
Summary
Board ratified sale parameters for general obligation promissory notes (not to exceed $9,000,500) after a facilities update that reported the project about $3 million over base budget but within a $6 million contingency; the board agreed to use parent and community newsletters, not a district postcard, for tax/refund information.
Board members ratified parameters for the sale of general obligation promissory notes after a facilities update that showed the district remains within contingency despite projected overrun pressures.
Superintendent Dr. Conrad said the facilities/construction program is "about $3,000,000 over budget at this point," but that a roughly $6,000,000 contingency and a current soft labor market give the district confidence. He told the board the project team is preparing roofs to be "solar ready" and concluded…
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