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District previews bond timing and turf-replacement plan; members raise field-capacity concerns
Summary
Staff said the district expects to sell the first tranche of the 2025 bond on May 20 and previewed turf-replacement needs; committee members urged partnerships to address a shortage of fields for school and community sports.
Staff presented the status of the district's capital bond programs and a summary of the district's artificial-turf inventory and estimated replacement schedule.
Assistant Superintendent Stuart Ketzler said the district's most recent bond authorization is at a par amount of $245 million and that staff are "scheduled to sell bonds the morning of May 20," with a June 3 closing date noted. Ketzler added that premium levels will determine how much additional buying power the district realizes once the sale price is known.
Ketzler also summarized estimates for turf-field replacement (typical service life 10—12 years) and said some replacements could be eligible for bond funding. Committee members raised concerns about the number of playable fields in Lake Oswego and recommended exploring partnerships with the city and youth sports clubs to expand capacity and reduce late-night practices.
The committee asked staff to consider community partnerships and to bring more detailed cost and timeline information to future meetings.
