Voters approve bond issue to rebuild El Reno Campus
EL RENO -- Nearly 63 percent of voters supported Canadian Valley Technology Center's bond issue election that will help rebuild the El Reno Campus that was destroyed by a May 31, 2013 tornado.
Slightly more than 3,400 people voted district-wide in Tuesday's election, which spanned 93 precincts in mostly Canadian and Grady counties. Among those, more than 2,150 cast ballots in support of the $12 million proposal that effectively bridges the gap between the school's insurance settlement and anticipated reconstruction costs.
The successful bond issue will result in a slight increase in property taxes. The increase will be roughly 80 to 90 cents on property valued at $100,000, said Superintendent Dr. Greg Winters.
"We appreciate folks getting out and supporting Canadian Valley to get the school rebuilt," Winters said. "I am proud of the turnout and that voters strongly supported us."
Skeletal steel and concrete was salvaged in parts of two buildings, and the school's Business and Industry Services division on the extreme west end of the campus was reconstructed a few months after the storm.
Winters said the school was fully insured, but construction estimates are nearly $45 million, due to needed code improvements, the cost of the safe rooms, landscaping, driveways and parking lots. Reconstruction is expected to be complete by Fall 2016.
That left a $12 million gap between the settlement and the total cost to rebuild. The bond expires after 10 years.
Construction bids will be reviewed this month for the district's central administrative building on the north edge of the El Reno Campus. The larger structure, known as Building 100, will follow afterward. All construction is expected to be complete by Fall 2016.