Reagan

LOL! Nobody thought the total was over $156,000,000! Well, the principle anyway. Now, plus interest, that's a different story. Again -- no where in the past have I stated that principle amount was anything other than the massive amount of $156,000,000. So, why would I change on one comment?

I bet you won't!

Your opinion! We shall see who is right May 4th!

Nice try again, but... The "tack on more" is the difference between the 86 Mill and the 156 Mill with the tune being $156,000,000. Always glad to help people understand!

Not to say that it wasn't, but I never saw a notice advertising these meetings. If they were, where were they advertised?

Come on, that 86 mill was part of the 156 mill. I never said otherwise. SMH!

I thought I saw the break down of cost and the total cost of the school part was 86 mill. But, I stand corrected. On the 1st page the cost was stated at $82,700,000. I was off by less that 4 Mill. I heard the total cost of the bond, with interest, would be between $230,000,000 and $240,000,000.

I had forgot how massive the 2009 bond was defeated. It was 3252-853. I’m sure the school board and the CAC, who for some reason didn’t want the membership list exposed, sat around and wondered what it would take to move any of the 3252 over to the pro-bond side. So their solution was: take the newest school and demolish it to the tune of around $86,000,000. Then, for good measure, tact on more to the tune of $156,000,000. With interest — it’ll be around $240,000,000 total! When it’s all said and done, I think the silent majority will prevail and defeat this. As of right now, I see it going down 60-40. And that may be conservative!

Nederland’s educational system will be excellent whether this massive bond passes or fails. Whether some choose to believe it or not.

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I'm sure, but not 100% positive, Bob Meeks told the board and the CAC to be as benign as possible with the cost verbage. This may be why we hear that repeated again and again.

Actually I did read it. I read it again. The interest rate is based on the district's bond rating. Unless someone can officially say, I can only presume that an interest rate has already been implied to the district. Is this how you see it? If that's the case, fair enough. So, on the other hand, if the interest rate is all ready in place, then the total bond cost should also be able to be implied. Correct?

New turf -- State Championship!

By the silence on my question, I can only presume that we really can't say it's only X amount per X amount of home value. Without knowing the interest rate, how can anyone logically say they know what the cost to the tax payer will be? I'm still open to an answer, if anyone has one!

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But -- will it be more because of the bond? If so, then it won't stay low as they say.

This response was to my question of what would be the total cost of the bond, principle and interest. mat stated that there is no way to know until the bonds are sold. OK, I'll buy that. So, let's look at the other end: How can we come up with a statement that it's "only" going to cost X amount of dollars per X amount of home value if we have no way of knowing what the interest rate will be? Help me out here!

I'm curious: The pro-bonders keep saying that it will only cost X amount per X amount of home value. What happens to that X amount when/if home values rise every year through the appraisal district? When ones home value rises will the amount one has to pay concerning this bond go up also?

Is this the one that could not even beat Nancy Pelosi for the Speaker of the House? LOL!!