Looks like the bond is getting pretty close to finalized....
Published July 22, 2008 10:43 pm - Nederland ISD trustees gave their blessing to a $126 million master plan during Tuesday’s meeting.
NISD approves $126 million bond master plan
Mary Meaux
The Port Arthur News
NEDERLAND —
Nederland ISD trustees gave their blessing to a $126 million master plan during Tuesday’s meeting.
The next step, Superintendent Gail Krohn said, is to inform Lance Fox of Orgain, Bell and Tucker, L.L.P. the district’s bond council. Then the LanWalton Program Management firm will begin work on details regarding the bond.
But, Krohn added, the board only approved the plan and did not ask for the issue to go before the voters.
The plan, presented by LanWalton Project Manager J.P. Grom, calls for three new elementary schools, a new C.O. Wilson Middle School, heating, ventilation, air conditioning work for Central Middle School, main building modernization at Nederland High School, [glow=red,2,300]new press box and similar work at Bulldog Stadium, turf for the field, land purchase [/glow] and modifications to the alternative education.
Grom distributed a detailed, spiral bound booklet titled “Facilities Master Plan.†The glossy cover includes pictures of the district’s mascot, students and several of the district’s facilities.
Melissa Wong, business manager, said the district’s bonding capacity is higher then first thought. Officials had planned on a cap of $125 million for a bond and just recently heard their bonding capacity is near $150 million.
Grom also addressed a second phase to the bond and with the better bonding capacity, the district could conceivably return to voters in six years for additional funding for phase two.
[glow=red,2,300]Phase two would cover the district’s athletic needs and include a new athletic complex, natatorium, modifications to the boy’s baseball and girl’s softball fields, tennis court[/glow], new Central Middle School, modernization to the high school Career And Technology Education building, new administration building and Ag barn. Cost escalation to May 2009 puts phase two at $82 million. That figure jumps to $118.7 million in 2015 and $161.4 million in 2020.