Montezuma Residents Pass Bond Measure

Montezuma Community School- High School portion of their building complex

Montezuma, Iowa – Montezuma Residents headed back to the polls for the third time in under 2 years, on a nearly 6.7 million dollar upgrade of the school system.

A 60% majority was needed in order to pass the measure, and the unofficial results show that the support was there this time.

According to unofficial results from the Poweshiek County Auditors office, 608 (62.5%) residents voted in favor of the bond issue, while 364 (37.4%) voted against the measure.

Nearly 4 million of the 6.7 million dollar bond issue is slated to be used for HVAC (Heating, Ventilation and Air Conditioning), with the next largest needs being electrical, plumbing, a light retrofit, ceiling replacement, and finally flooring replacement. Construction could start in the spring and would be completed by December of 2013.

The proposed cost would be $1.95 per one thousand dollars of assessed valuation for 20 years. If valuations continue to increase by the average of 3% as projected, that assessed amount by the 20th year would be 1.11 per one thousand ending with an average of $1.48 over that same time frame.