Phase One
The first issuance of Revenue Bonds by DMPS was in the amount of $70,000,000 and approved by the School Board in March 2010. The district borrowed this amount at a true interest cost of 4.21%.
The following school projects, all of which are completed, used these bond proceeds as follows:
- Brody Middle School – Student drop-off.
- Central Campus – East end of 1st and 2nd floors, including a new home for the Downtown School, as well as a skywalk connector to Central Academy.
- Cowles Elementary School – Student drop-off.
- Howe Elementary School – Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades.
- Mitchell Education Center – Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades.
- Madison Elementary School – Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades.
- McCombs Middle School – Student drop-off.
- North High School – Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades. Elevator.
- Park Elementary School (main building)- Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades.
- Studebaker Elementary School – Student drop-off
- Wright Elementary School – Window and door replacement, mechanical/electrical upgrade, asbestos abatement, data and communications upgrade, security and technology upgrades.