Bad Links?
Other glitches?
Notify Webmaster

BoE sets $65 million bond referendum Nov. 2

By JOHN THOMPSON
jthompson@thecitizennews.com

The Fayette County Board of Education voted unanimously Monday night to set Nov. 2 as the election date for their proposed bond referendum.

If approved by voters, the $65 million bond would fund a number of new projects, additions and upgrades for the school system.

Included on the list are:

• Two new elementary schools.

• One new middle school adjacent to Cleveland Elementary on Lester Road in the center of the county.

• An upgraded media center at Brooks Elementary.

• New energy management systems at East Fayette Elementary and Fayette Middle schools.

• A new coat of paint and carpeting at several schools, including Huddleston Elementary and Peachtree City Elementary schools.

• Classroom additions at Peeples Elementary and Rising Starr Middle schools.

The board also selected Citigroup Global markets as the bond underwriting firm. Board officials cited the fee of $186,825 as one of the reasons for their decision.

The other two bidders, A.G. Edwards and Merchant capital, had bids in excess of $200,000.

“I also like that they have an office locally,” said board member Janet Smola.

The next step in the process is drafting a resolution of the proposed projects for the board’s consideration.

The board expects to pass the resolution at the Aug. 16 meeting and pass it on to Fayette County to have it included it on the November ballot.