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High school ventilation bids come in higher than expected; committee asks Ehlers for 4-year bond schedule
Summary
Bids for the high school ventilation project exceeded expectations; the committee discussed ways to cover the shortfall and asked Ehlers to model a four-year bond compared with a three-year bond.
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Bids for the high school ventilation project were higher than expected, and the committee discussed multiple ways to cover the shortfall. The district asked Ehlers to run a debt schedule illustrating what a four-year bond would look like compared with a three-year bond.
Committee members did not adopt a financing plan at the meeting; the request to Ehlers is intended to inform a future decision about bonding and project funding.
