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Bond issue back on FISD agenda

July 13, 2013

FORSAN — Show them the money.
Forsan Independent School District trustees are expected to approve the sale of $23.8 million in construction bonds when they hold their regular monthly meeting at 7 p.m. Monday in the administration wing board room.
The construction bonds were approved by FISD voters in May, but trustee approval is needed before the issues are officially sold.
Among the projects which will be financed by the bond are:
• A new elementary campus, which will be located adjacent to the junior high/high school building in Forsan.
• A wastewater treatment plant
• Safety and security renovations at the secondary campus, including installation of a locking system for the exterior doors which can be operated remotely and a remake of the main entrance to enhance security against unwanted visitors.
• Expansion of the secondary campus to accommodate extra classroom, lab or storage space.
• Major plumbing and electrical renovation at the secondary campus.
• Renovation of the kitchen area at the secondary campus.
• Safety upgrades in the secondary campus' metal shop.
• Expansion of the district's bus barns to accommodate vehicles currently parked at Elbow.
• A fire-suppression system for the new elementary campus.
• Resurfacing of the track at the football stadium.
• Replacement of one of the district's tennis courts.
• Increased storage area at the band hall.
The bonds are structured for a 20-year payout, but feature a “three-year call,” meaning the district can retire the debt anytime after three years if it so chooses.
Although the district will soon have the bond money in hand, Superintendent Randy Johnson said planning and final design work will take several months before the first shovelful of dirt is moved.
Johnson said earlier this year construction will probably not begin until at least November.
In other business, trustees will consider:
• Local and legal policy updates.
• Property/casualty and worker's compensation insurance.
• Budget amendments.

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