• ASD bond logo

    Gruening MS Earthquake Repair and Improvements – $39,300,000

     

    Bond work at Gruening Middle will extend the school's life expectancy by 25+ years.

     

  • Bond Work at Gruening


    Design and construction funding for building-wide earthquake damage repairs, seismic upgrades and building, security, and educational improvements.

     

    Earthquake recovery and educational improvements to Gruening are divided into three levels: 

    A) earthquake-caused damage repairs;

    B) earthquake mitigation, seismic improvements and roof replacement;

    C) security, efficiency, mechanical/electric, and environmental improvements.

  • Level A ($10.7 million) – Earthquake Damage Repairs. (FEMA Reimbursable)

  • Level B ($13.2 million) – Seismic Improvements and Roof Replacement

  • Level C ($15.4 million) – Safety, Security, Efficiency, Environmental Improvements

  • Impact to Taxpayers


    • Two-Year Bond (if passed, no 2021 Bond)
    • $29.1M less than the amount being paid off
    • Estimated cost to taxpayers is $6.85 per $100,000 of assessed property valuation (accounts for $111.9M of paid off bond debt)

     

  • 2 year cycle Two-Year Bond Cycle


    ASD has entered a two-year bond cycle, meaning if the 2020 Two-Year Bond passes, then school bonds will not be on the ballot in 2021.


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