PANEWS: Fate of NISD bond still undecided

NISD Board of Trustees are asking financial advisors to take a second look at figures associated with a $126 million bond that was postponed in late September.

Once the numbers are reanalyzed, they will be put before the Nederland ISD Citizens Bond Committee for recommendation on whether to go forward with a May 2009 bond election.

According to the Beaumont Enterprise, the bond would finance the construction of three new elementary campuses, renovations to the alternative education center, a new C.O. Wilson Middle School, field turf and a new press box at Bulldog Stadium; upgrades to Central Middle School; and restoration work at Nederland High School.

A call for a May bond election must be made by March 1, Krohn said.


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