The possible $138-million Gavilan College bond measure will
likely be decreased before being put to the board of trustees in
November.
The possible $138-million Gavilan College bond measure will likely be decreased before being put to the board of trustees in November.
After being presented at three public forums at Gavilan’s three sites in Gilroy, Hollister and Morgan Hill, the bond will now enter a revision process. The board will vote on the final bond proposal at its Nov. 11 meeting.
Due to public response, Gavilan will likely reduce the amount of the bond from its current price tag of $138 million, Kinsella said.
“We know our highest support level is a little bit below that,” Kinsella said.
The $138-million bond would increase property taxes $23 per $100,000 assessed property value. Kinsella told trustees the final bond might impact property owners at a lower rate of $13 to $18 per $100,000.
“We need to make sure we’re at a level that allows us to get what we absolutely have to have,” Kinsella said.
“They’re fielding comments from members of the public, too, so I’m sure they’ll have a pretty good sense of where they want to go,” Kinsella said.
Gavilan’s bond consultant, The Lew Edwards Group, will present the final bond proposal to board members next month and will recommend whether the bond should be on the March or November 2004 ballot.
The third and final public form on the bond was scheduled during last week board meeting, held at the Morgan Hill School District offices, but no members of the public were in attendance.
