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To do so, attach the following notices to the program. It is safest to attach them to the start of each source file to most effectively convey the exclusion of warranty; and each file should have at least the "copyright" line and a pointer to where the full notice is found. one line to give the program's name and an idea of what it does. Copyright (C) yyyy name of author This program is free software; you can redistribute it and/or modify it under the terms of the GNU General Public License as published by the Free Software Foundation; either version 2 of the License, or (at your option) any later version. This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU General Public License for more details. You should have received a copy of the GNU General Public License along with this program; if not, write to the Free Software Foundation, Inc., 51 Franklin Street, Fifth Floor, Boston, MA 02110-1301, USA. Also add information on how to contact you by electronic and paper mail. If the program is interactive, make it output a short notice like this when it starts in an interactive mode: Gnomovision version 69, Copyright (C) year name of author Gnomovision comes with ABSOLUTELY NO WARRANTY; for details type `show w'. This is free software, and you are welcome to redistribute it under certain conditions; type `show c' for details. The hypothetical commands \`show w' and \`show c' should show the appropriate parts of the General Public License. Of course, the commands you use may be called something other than \`show w' and \`show c'; they could even be mouse-clicks or menu items--whatever suits your program. You should also get your employer (if you work as a programmer) or your school, if any, to sign a "copyright disclaimer" for the program, if necessary. Here is a sample; alter the names: Yoyodyne, Inc., hereby disclaims all copyright interest in the program `Gnomovision' (which makes passes at compilers) written by James Hacker. signature of Ty Coon, 1 April 1989 Ty Coon, President of Vice This General Public License does not permit incorporating your program into proprietary programs. If your program is a subroutine library, you may consider it more useful to permit linking proprietary applications with the library. If this is what you want to do, use the [GNU Lesser General Public License](http://www.gnu.org/licenses/lgpl.html) instead of this License. Midland ISD Bond Advisory Committee meets for first time - sinth.info

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Dr. Evelyn Reed
onDecember 2, 2023

Midland ISD Bond Advisory Committee meets for first time

3 min read

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The Bond Advisory Committee met for the first time this past week to hear a report on the status of the $1.415 billion bond that passed in November.

The committee was introduced to their roles and responsibilities and will meet with district leaders quarterly. It will hear reports on construction and project timelines; cost of projects and finance reports; and communication and marketing efforts.

The committee will present to the Bond Planning Committee each May and present the final report on Bond 2023 to the board of trustees.

OPERATIONS

New High schools

  • An overview of the programming, design, and construction phases of the new high schools was given.
  • The completion date of the schools is slated for 2028.
  • The cost to build the new high schools is $985.2 million.

Middle School additions/conversions

  • An overview of the programming, design, and construction phases of the middle school additions and conversions was given.
  • Completion of classroom additions is slated for August 2026.
  • The cost of the middle school additions and conversions is $123.2 million.

Upgrades to aging facilities

  • Packages are currently being developed for the design phase of the projects.
  • All projects have a target completion date of August 2028.
  • The overall cost for upgrades to aging facilities is $203.4 million.

Safety and security

  • Packages are currently being developed for the design phase of safety and security projects that will take place district-wide.
  • Targeted completion of all projects is August 2028.
  • The cost for all safety and security projects is $50.3 million.

New Elementary School

  • An overview of the design and construction phases of the new elementary school that will be built in the Lone Star Trails subdivision.
  • The target completion date is scheduled for 2025.
  • The project cost is $53.3 million.

PROJECT MANAGER

The committee received an introduction from Parkhill, the Bond Program Manager, and learned about their roles and responsibilities throughout the process including staying on scope, budget, and schedule.

FINANCE

Resolution for Reimbursement

In September, the Board of Trustees passed a resolution that allows the district to reimburse themselves for expenses incurred related to Bond 2023, up to $50 million dollars. This allows the district to begin working on all bond projects without having to wait for bond dollars to be sold and received prior to spending funds.

Without a reimbursement resolution, incurring any cost associated with the bond program prior to selling bonds, the district would be required to spend local funds, which are already subject to recapture, and would result in the district not being reimbursed. 

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Dr. Evelyn Reed
onDecember 2, 2023
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