Bond Oversight Committee reports progress on $49M program; abatement and secure vestibules complete
Summary
The Bond Oversight Committee summary in the board packet reports a $49 million bond sale with a $6 million grant and $2.9 million premium, abatement work completed at Banks High, secure vestibules installed at Banks MS and ES, and a community meeting planned to present design concepts.
The bond oversight committee (BOC) submitted Meeting #4 materials summarizing work on bond-funded projects and budget tracking. The packet lists a bond sale of $49 million, an "Awesome Grant" of $6 million and a bond premium of $2.9 million, and identifies major spending on high‑school modernization, a new gym, safety and security upgrades, and contingencies.
Project updates in the packet include completed abatement work and boiler room prep at Banks High School, fiber and utility relocations to prepare for Phase 1 demolition, installation of secure vestibules at Banks Middle and Elementary Schools and HVAC/boiler work in the BHS gym and cafeteria. The committee reported demolition permits have been obtained for the barn and district office and a community meeting was scheduled to present design concepts. The BOC recommended continued monitoring of timelines and expenditures and planned a follow‑up meeting in early December. "The BOC remains committed to providing transparent oversight and will continue monitoring project timelines, expenditures, and community impact," the committee’s summary says.
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