The district was able to sell the bonds at a lower rate of 4.25 percent.
"We felt like (5 percent) was very conservative," Wardell said. "We are not going to make promises we can't keep, but we felt like we would be able to sell the bonds lower."
The original rate would increase the taxpayer's bill by
The district will construct a brand new
The renovations will add extra space and security.
"We are proud of the fact we have been able to eliminate 18 portable buildings over the last couple of (years)," Wardell said. "Once this construction happens then we will eliminate 10 more. ... It's not that portables are the end of the world, but they aren't secure like a enclosed building."
Wardell said the board approved selling the bonds in January and anticipates receiving the funds this month.
Construction is anticipated to start in the summer and take approximately a year to build.
The district has been building and renovating for several years, after voters approved a nearly
"It puts us in a very good position for the future," Wardell said. "There are still some areas that need renovations but as a whole that puts us in a very good position for the future."
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