Roby CISD Board to review bond committee recommendation

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The 22-member Roby CISD Bond Committee closed in on some final decisions just before the Christmas break, and with over $10 million in renovations and new construction to consider, school trustees will have much to consider during next week’s board meeting.

A potential bond election has been a topic of conversation amongst the administration and board members for over a year. John Blackburn with Live Oak Public Finance LLC first proposed the possibility of a bond last December. Blackburn explained how a bond might benefit the district and how the influx of wind energy companies would be a majority contributor in the repayment of that bond.

Mesquite Star Wind Energy’s wind farm—located in southwestern Fisher County—is estimated to bring in more than $1.7 million for the district over the next 15 years. Additionally, with an estimated $186 million, the company now tops the list of taxpayers in the county. Therefore, Mesquite Star alone could cover a significant portion of the district’s debt service should voters approve a bond in May.

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