Bond Progress

Bond Progress

Bond Progress

On Tuesday, November 4, 2014, an election was held in the Crane Elementary School District calling for a special bond election to authorize the issuance and sale of $10,000,000 of general obligation bonds for school improvements.

The district developed a capital plan with input and assistance from a Governing Board appointed Facilities Advisory Committee consisting of community members, staff and administrators. The committee reviewed all capital plan projects and recommended that the Governing Board adopt the capital plan focusing on the following priorities:

  • Safety and security improvements including fencing, classroom access and security, and parking lot improvements
  • Technology including classroom upgrades, instructional equipment and wireless connectivity at all schools
  • Transportation including new buses and transportation equipment
  • Facility renovations including air conditioning, plumbing, electrical upgrades and roofing to extend the useful life of the buildings.

Calendar of Events

November 4, 2014 - Voter Approval of issuance and sale of $10 million in general obligations bond

--Interim: Legal, financial and insurance documents are prepared

February 10, 2015 - Governing Board approves resolution for issuance and sale of School Improvement Bonds, Project of 2014, Series A (2015)

February 26, 2015 - School Improvement Bonds, Project of 2014, Series A (2015) sold

March 10, 2015 - Governing Board adopts Architects & Engineers for the Bond Projects (SOQ # 004-1415)

March 12, 2015 - Funds received, bond issue closed

March 23, 2015 - District assigns projects to Architects & Engineers, meets with appropriate personnel

May 27, 2015 - Phase I of the 2014 School Improvement Bond projects begin
 
July 31, 2015 - Phase I of the 2014 School Improvement Bond projects reach substantial completion
 
To check the status of each project, please visit craneschools.org/bond.aspx
Thank you, Voters!
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