Board receives no public comment at hearing about $79 million bond
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Park City School District to place $79 million bond on the ballot in November
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Park Record file photo
The Park City Board of Education discussed cost estimates for its master planning projects at its meeting Tuesday, and should the elected officials decide to fund all the work through a bond measure that would be put before voters in November, they now know how much the price tag could be: $153 million.
The estimate, provided by the brokerage firm Stifel, includes project costs for new construction and renovation at Park City High School, Ecker Hill Middle School and Parley’s Park, McPolin, Jeremy Ranch and Trailside elementary schools.
Stifel representatives Matt Dugdale and Preston Kirk, who were on hand to provide the estimate, said the district is unusual among school districts its size in that it is not carrying any debt service as part of its tax levy, and has not since 2015. A $56 million bond measure that failed at the ballot box in 2015 would have created a new debt service.
One of the Park City Board of Education’s highest priorities for facilities improvements is to integrate ninth grade into the high school. Officials are eyeing a bond measure on November’s ballot to pay for the proposed improvements, which could cost $120 million or more.
Park Record file photo
The Park City School District is on track to ask residents this fall for $100 million or more to pay for a massive facilities upgrade to accomplish what the Board of Education says are clear-cut community priorities.
The primary goals are to integrate ninth grade into the high school, move eighth grade into Ecker Hill Middle School and expand elementary schools to augment preschool and community learning programs.