Voter deadlines announced for $49.75 million Ponca City School bond election

September 2, 2021 | Featured|Headlines

NEWKIRK — Ponca City voters who want to register to vote in the Oct. 12 school bond election have until Sept. 17.

Voters have until Oct. 5 to request an absentee ballot for the election.

In August, PCPS reported that the seven-year $45.5 million bond project, with an additional $10 million of CARES funds, will allow improvements to the school district and aid in the mitigation and spread of COVID-19.

The ballot reads as if the bond project is $49,750,000 for 10 years.

Adam Leaming, PCPS Executive Director of Operations Intern, explained that the district is financing the project for seven years on the bond and that $49.75 million is the correct number.

Leaming said the district financial advisor explained that the 10 years is a protection in the event something catastrophic happens to cause to the district’s valuation to decrease.

“If that would happen we could pay it off in 10 years,” said Leaming. “If a major pipeline, wind farm or some other major investment happened within our district our valuation would increase and we could pay it off sooner. The 10 years is a safety net per the advice of the district’s financial advisor.”

For more information on the bond project click here

Early voting on the project will be held Oct. 7-8.

Voters can visit https://okvoterportal.okelections.us for more information or contact the Kay County Election Board, located at 201 S. Main St. basement of Kay County Courthouse in Newkirk  at 580-362-2130 for more information. 

Latest Headlines
Legal Headlines
Story Comments

Story comments are disabled for launch. Feel free to visit our Facebook page or Twitter profile to interact with other readers.