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Board hears updates on 2021 bond remaining funds and 2025 bond design work
Summary
Board members received an update that remaining 2021 bond funds may be allocated to deferred projects subject to Treasury timeframes and saw initial renderings from French Associates for Group 1 projects under the 2025 bond, along with a projected bid and approval timeline.
District staff provided updates on two capital bond efforts.Regarding the 2021 bond, the board was told about remaining funds and the need to begin identifying deferred projects that could be funded from that source; Treasury guidance on the timeframe to exhaust bond funds was referenced. The minutes also note that Group 4 work has begun.On the 2025 bond, the board reviewed initial renderings from French Associates for Group 1 projects and received a projected timeline for the solicitation (bid) process and subsequent board approval. No bids or contracts were approved at the workshop; the presentation was informational.
