Edmond schools set $36.3M bond vote, keep eye on markets

BY DAWN MARKS Published: October 7, 2008
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EDMOND — Edmond voters will go to the polls in December to decide a nearly $36.3 million bond issue. Edmond School Board members Monday night scheduled a Dec. 9 election.

Chris Cochran of Capital West Securities, the district’s bond company, said the district will sell the bonds in two portions so that taxes should not increase.

Cochran said if the national financial situation improves, the first round will be sold in March and the second will follow after July 1.

Raising questions
Board members asked Cochran if they should wait to have the election, but he said they could probably still have the election and just wait to issue bonds if necessary.

Cochran said the financial picture could improve after the first of the year.

"In the past 20 years, I’ve never had to cancel an election,” Cochran said. "Right now if we were issuing bonds I would be telling you we need to postpone.”

If the issue passes, the items it will pay for include heat and air-conditioning improvements, security systems and classroom renovations and additions at several schools.

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EDUCATION BRIEFS
Superintendent gets suspended
BROKEN ARROW — By a 3 to 2 vote, the Broken Arrow School Board approved suspending Superintendent Jim Sisney and beginning termination proceedings. Board President Terry Stover declined to say why Sisney was suspended, saying the reason was discussed in a 30-minute executive session. Gary Gerber was hired as interim superintendent, he said. Gerber previously served as assistant superintendent in charge of operations. Stover said about 200 parents and teachers were in attendance. Stover said Sisney was suspended with pay and is entitled to a due process hearing. No hearing date has been set, he said.

Creativity forums are set
Oklahoma A+ Schools is hosting free meetings about harnessing creativity to improve schools. Reservations are required. Meetings are Oct. 13 in Oklahoma City, Stillwater and Edmond; Oct. 27 in Tulsa; and Oct. 28 in Ada. For information, go to www.aplusok.org or www.wimgo.com or call 974-3779.

Walmart donates $200K
Walmart is donating $200,000 to five Boys and Girls clubs in Oklahoma for their program that helps members with academics. The donation will be used to support the Goals for Graduation program at the Boys and Girls clubs of Oklahoma County, Tulsa County, Green Country, Ponca City and Ardmore. The program helps youth further their success in school. Boys and Girls Club members ages 6 to 18 are eligible to participate. The Green Country, Oklahoma County and Tulsa County clubs will get $50,000 each. The Ponca City and Ardmore clubs will get $25,000 each.

Teachers’ fund meeting today
A meeting for teachers interested in the Fund for Teachers program is 5:30 p.m. today in Tulsa. The program gives grants to educators for travel to enrich their curricula. Other meetings are Thursday in Moore and Oct. 21 in Yukon. For information, go to www.ofe.org or www.wimgo.com or call 236-0006.

From Staff Reports

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