March 14, 2024
Pocatello/Chubbuck School District 25’s Board of Trustees will meet this afternoon “to discuss [two proposed Bond Resolution] options and consider taking action to adopt a Bond Resolution at the time of the meeting,” according to an agenda that was published yesterday morning.
Both proposals request a “principal amount of up to $33,000,000 for the purpose of financing the costs to rebuild and/or remodel Highland High School facilities including (a) replacing facilities lost or damaged in the April 2023 fire, (b) adding, remodeling, and modernizing science classrooms, (c) replacing and increasing the size of the gymnasium and activity space, (d) constructing an auditorium, together with furnishings and equipment necessary to operate said facilities, and all costs and expenses related thereto.” The only difference between the two proposals is the term of the bonds: the 10-Year Bond is estimated to cost taxpayers “$50 per $100,000 of taxable assessed value, per year, based on current conditions,” while the 15-Year Bond would cost “$37 per $100,000 of taxable assessed value.”
The District’s Bond Analysis Summary is available here. If the Board of Trustees votes to proceed with one of the Bond Proposals, that proposal will appear on ballots for the May 21 election.
The Special Meeting will be held TODAY at 3:30 p.m., at the Education Service Center (3115 Pole Line Road). Public and written comment will be accepted.
