• Prop R Update 9/13/21

    The Board of Education awarded a contract to build two classrooms on the northwest side of Westchester Elementary School. to J.E. Foster Building Company was awarded the bid. Construction should be completed by January 31, 2022. The rest of the construction projects planned for Westchester will be completed in the summer of 2023.

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  • Prop R Update 8/30/21

    The Board of Education awarded a contract to install ADA ramps at the front entrance of North Glendale and Robinson Elementary schools. The projects will be completed by to Bombshell Construction Company. The ramps should be completed in October.

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  • Prop R Update 7/12/21

    The Board of Education approved SCI Engineering Inc. for construction materials testing and special inspection services for the Prop R projects.

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  • Prop R Update 6/14/21

    The Board of Education gave approval to issue a Request for Qualifications (RFQ) from firms to conduct construction material testing and special inspection services related to the projects identified in Proposition R. A recommendation will be presented to the Board for approval in July.

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  • Prop R Update 6/14/21

    The Board of Education awarded bids to renovate the storage room next to the Essex entrance at Kirkwood High School into a new security office. Construction should be completed this summer. The main office relocation and secure entrance on the Dougherty Ferry side of the campus will not be completed until the summer of 2023.

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  • Prop R Update 5/24/21

    Due to the amount of design work needed and because the projects must be designed simultaneously, it is necessary to hire more than one architectural firm for the Prop R projects. The Board of Education awarded contracts to the following architectural firms: Archimages, Inc. - Westchester & Tillman Bond Architects, Inc. – Kirkwood High School, North Middle, Nipher Middle HTK Architects, Inc. - North Glendale, Keysor, Robinson, KECC, and the facilities/warehouse building.

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  • Prop R Update 5/20/21

    the Prop R bonds were sold through a competitive sale, 9 bids were received. Winning bid was an average interest rate of 1.4% from Bank of America Merrill Lynch Bonds will be paid off in 13 years, final maturity is 2/15/2034 2021 Bond Issue (Prop R) – the bonds were sold through a competitive bidding process and with a “Premium,” meaning they sold for more than the face value. Due to historically low interest rates and to make the bonds more desirable to investors, they were structured with a “Premium” charge, totaling $5,478,936, and a higher annual return (Coupon Rate). Coupon Rate & Coupon Payment – includes the current market interest rates plus the return of the premium. Interest Rate- true interest rates for the Prop R bonds. Net interest cost is $6,297,341. Since the bonds were sold with a premium, the principal amount of the bonds was reduced to $56,220,000. The premium covered the reduction in principal plus the bond issuance costs. The net bond proceeds came to $61,301,454. Click on the above header for the Prop R Amortization Schedule.

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  • Prop R Update 5/10/21

    The Board of Education awarded the bid to create a secure entrance/vestibule at North Glendale Elementary. Construction should be completed this summer before the start of the 2021-22 school year.

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  • Prop R Update 5/10/21

    The Board of Education approved Navigate Building Solutions to provide Construction Management as Agent Services for Prop R. Navigate Building Solutions will serve as the District’s rep and will advocate and oversee the delivery of all Prop R projects at the best and lowest cost and highest degree of functionality and quality.

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  • Prop R Update 4/26/21

    The Board of Education approved replacing some of the HVAC units in the district using Prop R funds: 2 units at KHS 1 unit at Keysor 2 units at North Glendale - serves half the school 1 unit at Tillman - serves a large part of the school These units will be installed this summer.

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