The Coeur d’Alene School Board will hold a public hearing Monday on a proposal to build a $1.4 million support services building.
The hearing will begin at 7 p.m. in the school administration center, 311 N. 10th St.
The school district is seeking a judge’s approval to issue $1.1 million in bonds to build a 40,000-square-foot structure to house buses, maintenance, food storage and administration offices.
The bonds would be repaid over 20 years with money saved by a more efficient operation, according to assistant superintendent Dave Teater.
More than $90,000 would be saved annually, he said, by eliminating rent paid for a maintenance building, buying supplies in bulk, abolishing inefficient systems and lowering vehicle operation costs. The district would trade its bus barn site on Government Way.
No increase in taxes would be necessary and no instructional funds would be used for the payments, according to Teater.
Rather than asking residents for a property tax increase to pay for the building, the district is using a process called judicial confirmation.
If the court agrees that the expense is necessary, the district will build a pole frame structure west of the new middle school on Kathleen Avenue. The building would be finished in 1997.