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Overview of the 2007 Bond

Purpose

The bond aimed to replace the original Creswell Middle School building (constructed in 1941) due to space limitations and infrastructure issues.

Project Cost

The bond measure, known as Measure 20-118, was valued at $13 million.

Key Achievements of the Bond

New Middle School

• The bond funded a modern middle school building, featuring an 80,000-square-foot facility with updated technology infrastructure, a two-court gymnasium, and a cafeteria for 450 students. Construction was completed during the 2007-2008 school year.

Refinanced Bond Funds

• The bond was refinanced in 2013, which allowed the district to take advantage of lower interest rates, ultimately reducing the financial impact on taxpayers.

Remaining Payments

• Only three payments remain on the bond: due in 2025, 2026, and 2027.

2023 Creswell Bond

To learn more about the 2023 Creswell Bond, please click the button below.