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Finance committee sets schedule for bond and project decisions ahead of Oct–Dec board actions
Summary
The finance committee was told by the consultant that bond decisions are needed to permit board action in October–December; Superintendent Deininger expects contractor quotes by late September or early October, after which the committee will choose financing and scope.
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At the Sept. 15 finance committee meeting, Kendall King told members that a decision on bonds is needed so the board can act in October, November and December. He described standard issue and self-purchased bonds as the primary options under consideration.
Dr. Heidi Deininger said she expects contractor quotes "before the end of Sept/early October," after which the finance committee will determine payment options and project scope. The committee set no formal vote at this meeting but agreed to continue discussions in advance of the board’s upcoming meeting cycle.
The record lists no adopted motions or votes; next steps are staff- and consultant-driven: obtain contractor quotes, refine financial projections, then return with recommendations for the full board to consider during the stated Oct–Dec timeframe.
