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RES 2005-28TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2005-28 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, SUPPORTING THE PASSAGE OF THE NORTHWEST INDEPENDENT SCHOOL DISTRICT'S $224.5 MILLION BOND PROPOSAL ON OCTOBER 1, 2005; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town Council of Trophy Club recognizes that the Northwest ISD student population is anticipated to increase by 4,600 students over the next three years; and WHEREAS, the Town Council recognizes that the pursuit of high quality academics require adequate facilities to provide appropriate teacher- to-student ratios; and WHEREAS, the Northwest ISD Long-Range Planning Committee has recommended to the Northwest ISD Board of Trustees the following bond projects to accommodate the anticipated student growth: School site purchases (11 elementary school sites, 2 middle school sites, and 1 high school site) Three new elementary schools One new middle school One new high school Elementary school classroom additions at Prairie View Elementary and Seven Hills Elementary Middle School Additions at Medlin Middle School (classroom addition), Chisholm Trail Middle School (classroom addition), and Gene Pike Middle School (physical education addition) Roof replacement of the oldest portions of Gene Pike Middle School and Northwest High School HVAC replacement of the oldest portions of Gene Pike Middle School and the Vernon Solomon Performing Arts Center Technology to accommodate growth and upgrades; and WHEREAS, the Northwest ISD Board of Trustees has called for a $224.5 million bond election for October 1,2005 to provide for the needed facilities; and WHEREAS, the bonds will be sold as demographics warrant over the course of the three-year period with a maximum I & S tax rate of $0.3350; and WHEREAS, the I & S tax rate of $0.3350 is the same maximum rate guaranteed in the 2001 bond; and WHEREAS, the Town Council of Trophy Club has determined that the passage of this bond is needful for the pursuit of high quality academics; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, THAT: ' Section 1. The Town Council supports and encourages the passage of the October 1,2005 Northwest ISD $224.5 million bond. Section 2. This Resolution shall take effect from and after the date of passage. DULY PASSED AND APPROVED this the lgth day of September, 2005. Nick Sanders, Mayor Town of Trophy Club, Texas ATTEST: Town of Trophy Club, Texas APPROVED AS TO FORM: Town Attorney Town of Trophy Club, Texas