Phenix City Board of Education issued $10M bond - WTVM.com-Columbus, GA News Weather & Sports

Phenix City Board of Education issued $10M bond

Posted: Updated:
  • NEWSMore>>

  • Seale, AL residents enjoy return of Labor Day Fair

    Seale, AL residents enjoy return of Labor Day Fair

    Monday, September 1 2014 8:26 PM EDT2014-09-02 00:26:07 GMT
    Residents in east Alabama are rounding up the Labor Day celebration at one of the Alabama's oldest courthouses. The courthouse located in Seale, Ala. is the third oldest in the state. This is the first fair
    More >>
    Residents in east Alabama are rounding up the Labor Day celebration at one of the Alabama's oldest courthouses. The courthouse located in Seale, Ala. is the third oldest in the state. This is the first fair since 2010 when the fair restarted, and it originated in 1980 to raise money to refurbish the old courthouse after it began to deteriorate.More >>
  • Columbus man dies after struck by car at Chase Homes

    Columbus man dies after struck by car at Chase Homes

    Monday, September 1 2014 8:15 PM EDT2014-09-02 00:15:09 GMT
    A crash in Columbus claimed the life of a 29-year-old man over the weekend.  Authorities say Anthony Williams passed away from a motor vehicle accident Saturday, Aug. 30. Williams was not in a vehicle wheMore >>
    A crash in Columbus claimed the life of a 29-year-old man over the weekend.  Authorities say Anthony Williams passed away from a motor vehicle accident Saturday, Aug. 30. Williams was not in a vehicle when the incident occurred. More >>
  • Lee Co. Sheriff’s Office investigating murder, attempted murder cases

    Lee Co. Sheriff’s Office investigating murder, attempted murder cases

    Monday, September 1 2014 8:09 PM EDT2014-09-02 00:09:07 GMT
    On August 31 at about 11:33 p.m. CST, the Lee County Sheriff's Office received multiple 911 calls from subjects attending a poker party in reference to a shooting with at least two injured gunshot victims. More >>
    On August 31 at about 11:33 p.m. CST, the Lee County Sheriff's Office received multiple 911 calls from subjects attending a poker party in reference to a shooting with at least two injured gunshot victims. 

     
    More >>
PHENIX CITY, AL (WTVM) -

The recent upgrade of Phenix City's credit ratings encouraged the city's board of education to push for a bond issue and to pursue their five year capital plan. That $10 million bond was granted to complete several projects.

The meeting that was scheduled for January 23, 2014 was moved to January 9, 2014 at 6:30 p.m.

"The board was having to have an expulsion hearing at 5:30 p.m today, so we saw this as an opportunity," explained Joe Blevins, the operations director of Phenix City Public Schools. "Instead of waiting till the regular board meeting in mid January, we wanted to go ahead and look over some items and get an approval today."

Two projects to be paid with bond issue funds have already received board approval.

A 12 classroom addition at Lakewood Elementary School is in progress, and this project is expected to cost about $1,506,070. $1,212,853 is already coming from bond issue proceeds, and the other $293,217 is scheduled to come from the bond refinanced in 2013.

A four classroom addition and multi-purpose room at Sherwood Elementary School has already been approved as well. The cost is expected to be around $1,802,500.

The Phenix City Board of Education recently received seven new school buses, and they are planning on getting five more now and another 5 buses later this year.

The Board of Education wants the approval of $1,500,000 to purchase these buses. The amount is not expected to cover all 17 buses, but it should cover about 15 buses.

Furthermore, office, cafeteria and kitchen renovation and classroom addition at Westview Elementary school are expected to cost about $1,924, 200.

Roof renovations at Central High School will cost approximately $1,500,000, and buying a bus barn will cost about $1,500,000 as well.

In addition, access road at Central High School is expected to cost about $525,000.

Each project will need board approval before the projects begin with the exception of the current projects that are already being worked on.

Money from the bond will be put into a different account. The board will look over and keep track of the financial summary of the money spent at each of their regularly, scheduled meetings.

Copyright 2014 WTVM. All rights reserved.

Powered by WorldNow

1909 Wynnton Road
Columbus, Ga. 31906

FCC Public File
publicfile@wtvm.com
706-494-5400
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WTVM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.