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Addison SD 4 superintendent outlines $20M health, life and safety bond plan and timeline
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Summary
Superintendent Nick Sutton told the April 15 board meeting the district is planning roughly $20 million in health, life and safety bond-funded repairs plus about $10 million in local funds for upgrades not eligible for bond funding, with a tentative construction schedule spanning 2027–2031 and statutory requirements met to proceed with financial planning.
Superintendent Nick Sutton told the board on April 15 that the district is moving forward with a proposed health, life and safety program that would use approximately $20,000,000 in bond funding alongside about $10,000,000 from local resources for certain upgrades not eligible for bonds.
Sutton said the board previously approved the sale of up to $60,000,000 in health, life and safety bonds at the February meeting and that the current recommendation reflects the projects identified through required inspections by the County Regional Office of Education. "These projects we are considering for this funding source are all tied to infrastructure improvements necessary to meet health, life, safety standards," Sutton said, adding that some HVAC upgrades will be funded locally because they are not bond-eligible.
The superintendent provided a tentative construction schedule: Ardmore (2027), Lake Park (2028), Army 30 and then Fullerton, Lincoln, Stone and Wesley, with remaining projects in 2031. He said the timeline may evolve and that district financial advisors will determine the optimal timing for bond sale. "At this time, the Addison Ford Board of Education has met all statutory requirements necessary to proceed with these health life safety bonds," Sutton said.
Board member Erfel, reporting from the buildings and grounds subcommittee, confirmed the committee's recommendation to proceed and noted Leggett Architects is finalizing bond documentation for submission to the Illinois State Board of Education.
The presentation did not include a board vote to issue bonds tonight; Sutton said staff will provide monthly updates and work with financial advisors on timing. The board will receive further details and formal bond-sale authorization when staff returns with a financing plan and schedule.
