Prep for Bossier Bonds

Trustees of the Bossier Parish School Board will meet Thursday night to consider a facilities assessment report in preparation for setting a general obligation bond election in spring 2013.

The estimates for renovating and replacing district facilities range from $234 million to $446 million, depending on the scope of the work.

The assessment by a joint venture of SGB Architects and Yates Construction includes an option for replacing an existing 50-year-old high school with a new campus and athletic complex for $64 million, or extending the life of the current facility through expansions and renovations at a cost of $21 million.

Other proposals include construction of a high school for $53 million and a middle school for $20 million.

District officials estimated that more than $200 million of 10-year bonds could be issued without increasing the current property tax rate.

Superintendent D.C. Machen said the district is preparing for expected enrollment growth.

The district’s $10 million of outstanding GO debt is rated A2 by Moody’s Investors Service.

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Louisiana
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