School is out! |
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J.C. Wagnon, an English teacher at Mustang Middle School, says good-bye to students and his hair at the end of the last day of the 2008-2009 school year. Thanks to a bet with his classes, the first-year teacher got a new hairdo during fourth hour. Wagnon allowed the class with the highest average to do whatever they wanted to his hair on the last day.
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2009 bond issue projects make progress, other construction taking shape across district |
Plans for Mustang’s $58 million bond issue made another step forward at May’s Board of Education meeting. The bond issue passed in April with 80 percent approval from Mustang Public School District voters.
One set of general obligation bonds totaling more than $4 million will be sold June. A portion of the $4 million the district will receive in June will make it possible to start more quickly on the additions at Mustang North Middle School and Mustang Creek Elementary. The rest of the $4 million will be used for reoccurring projects such as buses and technology.
The Board of Education awarded the bid for the bonds to Robert W. Baird & Co. at 2.245 percent interest. The district’s bond advisor, Chris Cochran, of Capital West Securities, said he believed it was the best interest rate the district has ever received. The low interest rate can be credited to Mustang Public Schools’ Standard and Poor’s bond rating of AA-, a high rating which decreases the cost of long-term financing. The remainder of the bonds will be sold in September.
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Space issue soon conquered, district cautious about funding hurdle ahead |
Mustang Public Schools is one step closer to providing full-day kindergarten, thanks to the patrons’ support of the bond issue in April. Included in the issue is the construction of several new classrooms at Mustang Creek Elementary. Creek was the only school with no room to begin the program.
Bonnie Lightfoot, superintendent, said construction of those classrooms will begin in the first phase of bond construction, enabling the district to implement full-day kindergarten in the 2010-2011 school year.
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