|BOE authorizes bond election for May 9|
Posted Date: 02/02/2017
On Jan. 30, 2017 the Andover USD 385 Board of Education voted to authorize a bond election on May 9, 2017. The bond election will contain two propositions:
Proposition 1: $168.8 million that results in NO tax increase and includes:
Proposition 2: $19.805 million that results in a 2.3 mill tax increase and includes:
“The proposal is a commitment to improve safety and security, enhance academic opportunities, while making needing improvements to facilities district-wide,” says Board of Education President Melinda Fritze.
In 2016, Andover USD 385 administration, parents and community volunteers participated in a comprehensive facility study process that lasted 11 months to identify building needs and programming areas for growth to continue the excellence of Andover Schools. They identified the highest-priority projects and presented detailed plans to the Andover Board of Education. Their work evolved into an affordable plan for building for the future.
“Andover schools have an excellent return on investment and providing for its future not only benefits its students but the community as a whole,” says Superintendent Greg Rasmussen. The bond election calls for 17-year bonds with interest rates estimated at 3.5 percent. Current legislation says the state will pay 24 percent of the principal and interest of the bond issue, totaling $45,312,000. Voting will take place May 9, 2017. The last day to register to vote in this election is April 18 and the last day to request an advance ballot is May 1.