Construction/Bond Issues

Pine Tree ISD's $20 million bond on May ballot
Facility needs are prompting a $20 million bond for Pine Tree ISD - but taxes have to be raised in the meantime. CBS 19's ShaVonne Herndon has more on how much it will cost you, and what the projects include. At first sight, Pine Tree's football stadium looks okay - but then, there's the locker rooms. [ View Article ] Mar 11, 2010, 07:50

Voters to decide on $58 million South San ISD bond issue
Having done little to encourage a different outcome, the trustees of the South San Antonio Independent School District voted in the last week of February to put a bond issue before voters May 8. While the bond issue is essentially for the same purpose as one turned down by voters last November, the trustees must again contend with organized opposition from the community. [ View Article ] Mar 11, 2010, 07:45

Willis: WISD keeps bond possibilities open
Willis Independent School District trustees will continue looking at the possibility of a future $58.425 million – or more – bond referendum. During Monday’s board workshop, trustees discussed again the possibly of a bond and what items would be needed when the time comes. Superintendent Brian Zemlicka said the information item will remain on the monthly board agenda in the coming months. During a special board workshop Feb. 15, trustees learned the next possible bond, if needed, could go before voters in May 2011. [ View Article ] Mar 10, 2010, 07:55

Grant will let new Carroll district middle school be solar-powered
SOUTHLAKE -- A $2 million grant from the federal stimulus will cover most of the cost to install solar panels that will power the Carroll school district's new middle school. District officials say they believe that the school will be the largest in the state to operate primarily on solar power. Other Texas campuses have small sections or classroom wings powered by solar energy, Carroll spokeswoman Julie Thannum said. Trustees agreed Tuesday to accept a grant administered by the Texas State Energy Conservation Office. The solar-energy system will be built atop a replacement campus for Carroll Middle School, which is under construction at 1749 E. Highland Ave. [ View Article ] Mar 10, 2010, 07:50

Center Point: District to vote on school upgrades
Center Point residents will vote May 8 on issuing $9.95 million in bonds to expand all three schools in the 600-student district in eastern Kerr County. The projects, recommended by a citizens advisory panel and endorsed last week by a 4-1 vote of trustees, would add 30 cents to the district tax rate, now $1.10 per $100 in property valuation. [ View Article ] Mar 10, 2010, 07:45

Corpus Christi: CCISD numbers game - Options for school, offices being considered
Commercial real estate agents, including CCISD’s own agent, said that in today’s economy the district would have difficulty selling the properties it would vacate if it converts Carroll High School into an administrative headquarters. CCISD officials will present results of a feasibility study March 22 that will show costs of moving some of its district offices to Carroll High School, selling those buildings and building a new Carroll farther south. [ View Article ] Mar 10, 2010, 07:45

Pine Tree calls $20M bond vote
Pine Tree Independent School District trustees on Monday voted 5-2 Monday to call for a $19.99 million bond election in May. All board members except board vice president Melinda Burns and Terre Dunn voted in favor of calling for the bond package. Burns and Dunn moved to delay calling the bond election, but the motion failed by a 5-2 vote. [ View Article ] Mar 10, 2010, 07:45

Daingerfield cancels bond election
DAINGERFIELD — A Daingerfield-Lone Star school consultant's mistakes will mean no bond election for taxpayers this May. Superintendent Pat Adams learned a few hours before Monday's board meeting that an agenda item meant to describe that trustees would consider a bond proposal was worded incorrectly. Adams said the wording came from Austin-based Andrews Kurth, the law firm helping school leaders craft a $30 million bond package for a new elementary school and renovations to existing facilities. "We want to do it right," Adams said. "We want to do it correctly." It is the second board agenda mistake since Feb. 16, when trustees voted to close Lone Star Elementary School and consolidate its students into other Daingerfield campuses. Trustees met Feb. 22 to vote again after school administrators said their wording of the Feb. 16 agenda item was incorrect. [ View Article ] Mar 10, 2010, 07:26

Sabine ISD set to award contract for construction manager on field house
An unusually strong candidate field – 17 application packets by the Monday deadline instead of the usual half-dozen or so – may be attributed to the economy, said Superintendent Stacy Bryce, noting that the construction industry has been sluggish. The construction committee – James Gray, Stephen Best, Todd Gibbs and the superintendent – will go through the candidates again Thursday to narrow them to three before interviewing the three and then selecting one to bring to the board to vote on. The committee met twice and narrowed the field to five candidates by the time of Monday night’s school board meeting, said Bryce. Once a manager is hired, subcontractor bids will go out in mid- March, said board president James Gray, who said they don’t expect the field house to be finished before the end of 2010 or early 2011. [ View Article ] Mar 10, 2010, 06:54

Daingerfield school district could save $41,000 in annual interest
Daingerfield-Lone Star ISD trustees' decision on Feb. 15 to refund debt will save the district more than $400,000 over the next 11 years, according to a bond consultant. Wade Thompson, public finance vice president for Austin-based Coastal Securities, told trustees Monday that restored backing from the Texas Permanent School Fund has improved the district's interest rates. Trustees decided to refund and reissue more than $6 million in bonds from 2001. As a result, the district will save about $41,000 annually in interest fees, Thompson said. [ View Article ] Mar 10, 2010, 06:19

Forney voters to decide on $30 million school bond proposal
Over a decade, one of the fastest-growing districts in the state proposed and, for the most part, passed increasingly large bond packages to build schools and keep up with a wave of new students. But that wave has ebbed with the economy, and the district now plans only for renovations and additions, said Dwayne Thompson, the district's chief financial officer. Residents in the Kaufman County school district are being asked to approve $30 million in bonds in May even though they've got $45 million approved for schools that have never been built. Forney voters have seen bond proposals as high as $232 million over the years, and even overcame passion and tradition to split their lone high school to accommodate the growth. [ View Article ] Mar 9, 2010, 08:32

Midland: Superintendent: Bond is an investment in MISD's future
Any upcoming Midland Independent School District bond election is not about who heads the district, it's an investment in the future, Superintendent Sylvester Perez said Wednesday.
[ View Article ] Mar 9, 2010, 08:10

San Diego: SDISD to seek $12M bond election
San Diego ISD school board members approved an order calling for a $12 million bond election set for May 8. The board meeting took place on Feb. 24."Because of our ranking in the state, we are eligible for Instructional Facilities Allotment funding, which means we are able to get funding from the state based on money we raise. [ View Article ] Mar 9, 2010, 08:10

San Angelo: School board OKs up to $21.6M for Phase II of project
The San Angelo school board approved a guaranteed maximum price of $21.6 million for the second phase of the Central High School portion of the bond project, which will include construction of a new administration building, an agriculture shop and a building maintenance shop. [ View Article ] Mar 9, 2010, 07:50

Whitesboro ISD delays plans for bond election
After tabling the issue during a special meeting last week, the Whitesboro School Board and its community bond committee let pass Monday's deadline to call a May bond election. District officials had expressed hope to hold a bond election this spring to pay for needs highlighted in January by the district's Visioning Committees. [ View Article ] Mar 9, 2010, 07:50

Abilene: AISD approves new Cooper track surface
The board of trustees for the Abilene Independent School District approved construction projects at Cooper High School and Woodson Early Childhood Center and recognized two assistant principals who will receive awards from the Texas Association of Secondary School Principals. [ View Article ] Mar 9, 2010, 07:45

Galveston: Stadium would raise tax rate 4%
Galveston Independent School District’s new stadium would cost the owner of a $100,000 home less than $4 a month in extra property tax if residents approve a May bond issue to build it, the district’s finance director said Thursday. Even with the increase, Assistant Superintendent Arnold Proctor said the district would have the lowest tax rate of any school district from the island to Houston. [ View Article ] Mar 5, 2010, 07:50

Comal ISD to sell latest round of school bonds
Comal Independent School District plans to sell $13 million worth of bonds to help maintain the school district’s growth. The unlimited tax refunding bonds will be sold the week of March 8. Fitch Ratings has assigned an ‘AAA’ rating to the school district’s bonds. Fitch also affirmed the ‘AA-’ underlying rating for the district’s $524 million in unlimited tax bonds outstanding. The outlook is stable. [ View Article ] Mar 5, 2010, 07:45

Beaumont: First asbestos removal, then demolition in Texas
Over the coming months, the Beaumont, Texas Independent School District plans to raze the existing South Park Middle School and begin constructing a new one. South Park PTA President David Pete told reporters that the news has caused a variety of emotions in students and local parents. "It's kind of mixed emotions because they're very excited, but yet again, a little apprehensive, like 'when is it going to happen?'" [ View Article ] Mar 5, 2010, 07:31

Center Point: CPISD board puts $9.95M bond of the ballot
A nearly $10 million dollar proposed expansion and renovation of Center Point Independent School District is one step closer to being a reality after the board of trustees voted Wednesday to put a bond issue on the May 8 ballot. [ View Article ] Mar 4, 2010, 07:50

Galveston: GISD calls bond issue for new stadium
Voters will decide in May if Galveston Independent School District will be able to increase the property tax rate to fund a new football stadium. School board members unanimously agreed Wednesday to put the bond issue on the ballot May 8. Even with a maximum increase of .0466 on the dollar, bringing the total tax rate to $1.212 per $100 property valuation, Galveston residents still would have the lowest tax rate in the county. [ View Article ] Mar 4, 2010, 07:50

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