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Proceeds will finance the construction of two high schools, two K-8 schools, and four new or replacement elementary schools along with extensive improvements and upgrades to athletic and fine arts facilities.
The planned new facilities include several new 2,000-seat gymnasiums, auditoriums, swimming pools, tracks, wrestling rooms, tennis courts, and music suites at middle and high schools.
The board is to meet next week to set the election date.
Superintendent Winston Brooks said it will cost the district $75,000 to hold the special election, but that delaying it to coincide with a scheduled election in August could add up to $180,000 to the cost of a high school.
The district has a current enrollment of almost 49,000 students.
The district’s general obligation bonds have underlying ratings of Aa3 from Moody’s Investors Service and AA from Standard & Poor’s.
