2016-09-21 by Bruce R. Partain
Chamber Board supports SVVSD bond issue

The Longmont Area Chamber of Commerce board of directors voted Tuesday to support the St. Vrain Valley School District Bond, which will be on the local ballot during the Nov. 8 election.

“We look at these issues from the impact they have on business,” Kyle Snyder, Chamber Chair said. “This proposal involves investment and return on that investment.  Public education plays a tremendous role in our community’s ability to attract and retain businesses, create well-paying jobs and adequately serve our community’s families and those moving to our area.”

Snyder said the district’s leadership has earned it a stellar reputation not just in the state, but nationwide.
According to news reports and SVVSD, the $260 million capital construction bond issue includes building two new schools and a new innovation center. The property tax increase would cost homeowners an estimated $21.84 more a year per $100,000 of home value, or $65.52 a year for a $300,000 home.

“At an additional cost of just $1.82 per month per $100,000 of the value of a home - and the sunset nature of a bond issue - the Chamber board feels this is a reasonable cost for investment of our collective future, with minimal impact on businesses,” Snyder said.
If the tax increase is approved, the district plans to build new schools and additions to several schools. The rest of the money would pay for repairs and maintenance to existing buildings, safety improvements and program improvements.


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