Voters in Redmond will have a chance to vote on a school bond measure in November after the school board approved a $69.7 million bond proposal.
At the school board meeting Wednesday night, the Redmond School District board of directors unanimously approved a resolution to place the bond proposal on the ballot.
If passed about half of the nearly $70 million would immediately go toward the designing and building of a new elementary school to replace the over 50-year-old M.A. Lynch Elementary. The district hopes that with the bond funds, construction could start as early as summer 2019 and students could be in classrooms by summer 2020.
The money from the bond would also go towards district-wide capital repairs and security improvements to classrooms and school facilities, like secure school entrances and upgrading or installing security cameras at each of their 15 facilities.
The school board’s resolution also includes the establishment of a citizen oversight committee, an independent citizen-led body in charge of monitoring the planned improvements, progress and schedule of costs of the bond program.
Property owners in the Redmond School District are currently paying $2.45 per thousand of assessed value. The proposed $70 million bond would cost taxpayers an additional $0.54 per $1,000 of assessed value, making the total anticipated rate $2.99 per thousand of assessed value.