WHAT’S NEXT AFTER THE USD 430 BOND PASSAGE:
With the successful passage of the USD 430 South Brown County facilities bond, work is now underway to complete the projects approved by district patrons.
The district is working with Piper Sandler as its bond advisor. This firm will arrange the actual financing for the district. They will begin this process by advertising the bonds for sale on the public bond market. Over the next few months, they will assist the district in completing all necessary paperwork to sell the bonds and transfer the bond proceeds to the district.
Meanwhile, the district’s Construction Manager At-Risk (CMAR) DCS Services will begin the detailed design of the projects. Any necessary architectural and/or engineering drawings will be completed, enabling the specifications for each phase of the project to be developed. The design phase should be completed as 2021 comes to an end. These design specifications are a necessary part of the competitive bidding process. The CMAR will also work to identify and solicit qualified subcontractors to submit bids on the various projects. Once bids are awarded, construction will begin. Actual work on the projects will begin in the early spring of 2022. All work should be completed in the fall of 2022.