Dayton board ponders school modernization bond measure

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DAYTON — The Dayton School District is considering placing a bond measure on the February 2014 ballot to fund facility modernization.

Board members heard a presentation about possible bond options from D.A. Davidson, a financial services company, at their regular meeting Wednesday night.

The projects being discussed range from a $14 million project to modernize portions of Dayton High School to a $23 million project that would include the high school and the K-8 building.

The projects would require a 20 year bond ranging from $2.20 to $3.69 per dollar of assessed property value.

Currently, the district is still considering whether proceed with modernization and which project to pursue. The district’s facilities committee will meet on Tuesday at 5 p.m. to further discuss the issue.

Any bond measure must be approved by the school board before being placed on the ballot.

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