.....Advertisement.....
.....Advertisement.....

Bond resolution passes at Tuesday's meeting

-A A +A
By Gabriel Vasquez

A bond resolution to help repair and rebuild area schools was approved Tuesday night by the school board.

During its regularly scheduled meeting, the board voted 5-0 to approve a mail-out ballot to be sent out to Los Alamos County residents in January 2009 that asks taxpayers to help bear the weight of a $40 million infrastructure-rebuilding project dubbed the “20-Year Facilities Renewal Plan” that is designed to ensure the longevity of current LAPS schools.

“This is a one-time tax increase,” said Kevin Powers of RBC Capital Markets, a company contracted by LAPS to help draft the resolution. “Then we can support this program on in to the future, and with some good fortune and growth the tax base will exceed the projected growth and we will be able to increase the amount of money that can be generated for bond sales in the future.”

The general obligation bond that currently supports schools in Los Alamos is set at a rate of $3.262 per $1,000 assessed evaluation. Neighboring Pojoaque has its bond set at $9.743, Santa Fe at $3.437, Española at $5.159, and Bernalillo at $9.475.

The proposed bond resolution in Los Alamos would raise the general obligation bond by $5.50, bringing it to $8.686, according to the report released by RBC.


If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
info
Street Address:
(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:



Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

The Los Alamos Monitor | lacirculation@lamonitor.com | 505-662-4185
256 DP Road, Los Alamos, NM 87544
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday