
|
SVVSD Proposes Possible $250 Million Bond Issue
By Anna Mahorski The St. Vrain Valley School District (SVVSD) is looking for a spot on the Nov. 6, 2001 ballot. At a meeting May 7, citizen’s groups from each school attendance area in the district discussed the possibility of floating a $250 million bond issue. The school board is now looking at a 10-year term for the bond issue. According to SVVSD board member Jim Martinsen, the proposed bond represents a departure from how the district has handled these matters. “Usually, we go for three to five years, then wind up four years behind. This (bond) would allow us to go out further, get more depth than ever before,” he explained. The plan would allow the district to issue a $160 bond immediately and then wait for area growth before issuing an additional $120 million over the next 10-years. (See chart-page 22) New buildings would not be started until needed by the particular community. “We need the schools to grow with the population,” Martinsen said. This year alone, the district saw a record breaking four percent growth in enrolment. The district already has conducted a voters’ opinion survey, with another survey scheduled for late May or early June to finalize the dollar amount to be requested. While the committee had no qualms about improvements to existing schools or building new schools, ne question concerned whether the district should build such facilities as a new district stadium and a swimming pool. Some felt that a stadium and pool are not part of the educational process. But others felt that sports are an important part of education. The swimming pool would likely be situated in Longmont. “Hopefully the city of Longmont would help financially, so it would also be open to the public, not just a school project,” Martinsen added. A large part of the funds raised by this bond will go towards decreasing classroom size in grades kindergarten through third grade. As a result, more classrooms Proposed Bond Projects 2001 Bid for Construction
Year Open School Location
*Tri-Town area is Dacono, Firestone and Frederick Chart provided by the St. Vrain Valley School District This chart is an updated working draft of proposed bond projects for review by the Capital Needs Committee at the May 7 meeting. For more information visit the district’s web site at www.stvrain.k12.co.us/ |
||||||||||||||||||||||||||||||