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Bond Transparency Act of 2017

 

INFORMATION REQUIRED BY THE BOND TRANSPARENCY ACT OF 2017

 

Independent School District No. 18, Washington County, Oklahoma (Caney Valley Public Schools)

 

In accordance with the Bond Transparency Act of 2017, please see the information below:

 

Date of Posting: November 19, 2020 

 

Description of Proposed Bond Projects voting on 9th day of February 2021:

 

PROPOSITION NO.1

to acquire technology district-wide $500,000.00

to perform general maintenance repairs and acquire furniture, fixtures, and equipment district-wide $375,000.00

to construct, equip and/or acquire a new HS/MS gymnasium and classrooms/saferoom $4,850,000.00

to construct, equip and/or acquire a new elementary cafetorium $1,700,000.00

to perform and/or acquire renovations at the elementary campus $770,000.00

to perform and/or acquire repairs to include but not be limited to: mortar joints on the 3 story building and water mitigation/drainage at the cafeteria $500,000.00

to construct, renovate, equip and/or acquire locker room facilities at the football, baseball and softball fields $1,215,000.00

to repair and replace roofs $360,000.00

TOTAL: $10,270,000.00

 

PROPOSITION NO.2

to acquire vehicle(s) for pupil transportation $275,000.00

Description of Unpaid/Unfinished Bonds Previously Approved by Voters of the Jurisdiction:

As of the 9th day of February, 2021, Independent School District No. 18, Washington County, Oklahoma, has 4 General Obligation bond issue(s) outstanding:

 

$405,000 Building Bonds of 2017, dated July 1, 2017 ($220,000 outstanding in principal as of the 9th day of February, 2021);

$750,000 Building Bonds of 2018, dated July 1, 2018 ($400,000 outstanding in principal as of the 9th day of February, 2021);

$765,000 Building Bonds of 2019, dated July 1, 2019 ($765,000 outstanding in principal as of the 9th day of February, 2021); and

$600,000 Building Bonds of 2020, dated July 1, 2020 ($600,000 outstanding in principal as of the 9th day of February, 2021).

 

Detailed Description of the Use of Previous Bond Proceeds:

 

Improvements performed at 401 W. Main St., Ochelata, Oklahoma.

2017 Issue

Construct, equip and furnish the Completion Phase of the Elementary School Site improvements, to include but not be limited to: improving drives and parking areas; and construct, equip, renovate and furnish Phase I of the Old High School to include but not be limited to: roof and roofing fixtures $405,000.00

2018 Issue

Construct, equip, renovate and furnish Phase II of the Old High School to include but not be limited to: replacement of exterior windows and renovations of top two floors $750,000.00

2019 Issue

Construct, equip, renovate and furnish Phase III of the Old High School to include but not be limited to: classrooms and administrative space $765,000.00

2020 Issue

Construct, equip and renovate and furnish the Completion Phase of the Old High School and construct, equip and renovate the Elementary School to include but not be limited to: addition to existing Elementary Classroom building, expanding administration space, adding restrooms and increasing security $600,000.00