For the second time in a year, voters in the Luther School District will decide whether to approve a bond package to make improvements at the elementary, middle and high schools.
This time around, the ask is a little higher than the $24 million package that failed in January. The package includes a proposed high school gym that now includes a band room, the middle school still would get a safe room cafeteria, restrooms and lockers and the elementary school would get a media center safe room, security vestibule and new offices. The package also calls for some money to put insulation and heat at the agriculture barn. The revised package does not include a technology package. This bond package price tag is almost $26 million.
The Luther School Board approved a resolution to call for the election during its June 3 meeting. The election will be held September 10, 2019.
Shall Independent School District Number 3 of Oklahoma County, Oklahoma, incur an indebtedness by issuing its bonds in the sum of Twenty Five Million Seven Hundred Ninety Five Thousand Dollars to be issued in one of more series to provide funds for the purpose of constructing, equipping, repairing and remodeling school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest not to exceed the rate of ten percent per annum, payable semi-annually and to become due serially within ten years from their date?
Superintendent Barry Gunn said the architect, construction manager and bond advisor will be selected at the June 27, 2019, school board meeting. He said renderings and other information on the proposal will be released when they are available.
Review the Luther Register’s coverage of the last bond election here.
Thank you for reading.