Letter to the editor: Lakewood deserves more from bond

Posted 11/2/18

Lakewood Schools Deserve More from the nearly one billion dollars in new debt from the bond.

A quick look through the proposed new Lakewood school projects leaves us wondering why millions are …

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Letter to the editor: Lakewood deserves more from bond

Posted

Lakewood Schools Deserve More from the nearly one billion dollars in new debt from the bond.
A quick look through the proposed new Lakewood school projects leaves us wondering why millions are being allocated for landscaping and light bulbs when so many of our schools won’t be brought up to good condition?
Vivian elementary, right here in Lakewood in fact will still be in poor condition. Is that because this board is going to put Vivian on the next closure list? Green Gables elementary, once schedule to get a brand new building doesn’t even get $3 million of this new debt which will cost us nearly one billion to pay off. Compare that to Rose Stein elementary which cost over $12 million to update. Don’t Lakewood students deserve better?
And how about Green Mountain High Schools? Why does this amazing neighborhood school get less than $14 mllion for updates when Bear Creek cost $45 million to replace and we spent $32 million on Lakewood High School?
Consider also that because of the back end financing scheme we will be spending $150 million in interest payments we shouldn’t have to make because the district will only pay interest on these loans in the early years. Are you OK supporting a financing scheme which will cost us $150 million more than it could? Shouldn’t those tax dollars be used to improve our buildings?
Please Vote No on 5A and 5B Our students and teachers deserve better
Lisa Papke,
Lakewood

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