Nearly three-fourths of participating Morenci school district voters said "yes" to an extension of the existing bond to tackle several maintenance needs.
Voters favored the extension by a 226-81 margin, and supported a renewal of the 18-mill non-homestead millage with a 249-61 vote.
The bond will bring in $2.96 million with a 19-year repayment period. The money will be used for a variety of maintenance, repair and upgrade issues.
“I want to say how thankful we are to the community for passing this bond proposal,” said district superintendent Dr. Michael Osborne. “These are difficult times and we understand the difficulties that so many are facing in this community. We also understand that this school district plays an important part of the community.”
The board of education wants to do its best to take care of the existing facilities, he said, and the bond will go a long way in achieving that goal.
The first step in the process, explained district financial director Erica Metcalf, is for the board of education to authorize a resolution to more forward with the bond. Bonds are expected to be sold in the latter part of July and funding should be available within two weeks after the sale of the bonds.
The district’s architectural and engineering firm, Kingscott, will soon begin basic work including surveys and soil borings, Osborne said,
“We will also be working with them to better define some of the projects in preparation for bids,” Osborne said. “As we better define the projects and begin to prepare for bids, Kingscott will be able to develop an overall project schedule for us.”
Metcalf expects the various projects will be completed within the following two years.
The board will also discuss the use of a construction management team to handle the bids and oversee the project.
“Certainly there are many other tasks that need to be completed over the next several weeks and months,” Osborne said, “but these are some of the most critical issues.”