South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

Lindbergh BOE hires construction manager for proposed no-tax-rate-increase bond in 2024

Proposed $105 million bond measure in ‘24 would not be a tax rate increase
A+view+of+the+construction+of+Lindbergh+High+School+in+2020%2C+funded+by+Proposition+R.+The+district+is+considering+another+bond+measure+in+2024+for+more+facility+work.+
A view of the construction of Lindbergh High School in 2020, funded by Proposition R. The district is considering another bond measure in 2024 for more facility work.

The Lindbergh Board of Education voted unanimously at its meeting last month to hire a construction manager at risk for a possible future proposition in 2024.

The school board voted to hire BSI Constructors Inc. at its March 14 meeting to serve as the construction manager at risk, or CMAR, for future projects from a possible 2024 proposition.

The current five-year iteration of Lindbergh Schools’ Compass Plan includes facility management as a top strategic goal and the district’s staff is currently investigating a future no-tax-rate-increase bond in April 2024.

Priority projects that would be covered are Truman Middle School renovations including HVAC and roofing, the Long Elementary gym, the Kennerly Elementary gym, the Crestwood Elementary gym and the Concord Farmers Club on the Sperreng Middle School campus.

The April 2024 bond issue would fund between $105 to $110 million in new projects at the district’s current debt levy of $0.833. The measure would essentially maintain 2019’s Proposition R 83-cent debt levy. Prop R was a $105 million no-tax-rate-increase bond measure that is funding the new Lindbergh High School, secure entry vestibules at all district schools and other facility work.

“Prop R is going to be completely spent and those projects will show our taxpayers that we’ve fulfilled that $105 million bond issue. Really the only way to fund large capital improvement projects for school districts in Missouri is through a bond issue. We don’t have operating revenue that really lets us put money into investing in our facilities,” Chief Financial Officer Joël Scheible said at a Compass Plan update in October.

Per board policy FED, the board can, at its discretion, select and use the construction manager risk method for construction projects that are in excess of $3 million.

Three firms submitted CMAR proposals including BSI, Poettker Construction Company and S.M. Wilson.

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