The South Lane School District (SLSD) is saving up to $20,000 thanks to the city of Cottage Grove. This, according to planning and development manager Faye Stewart who presented to the city council on Monday night.
The agenda called for the council to discuss an intergovernmental agreement between the city and SLSD regarding the bonding of public improvements for the new elementary school.
"Under the development code, performance bonds for all public improvements shall be issued for the city in the amount of the improvements," Stewart said. "What we've found with the school district is that it has two bonds in place."
SLSD currently has a bond for the cost of the project with its general contractor and a bond with a sand and gravel company.
"As I understand it," councilman Jake Boone ventured, "The school district would normally have to put up some money that says, 'we promise we'll finish our project and won't screw up and make the city fix it.' But they already have a contractor telling them they won't screw up and they'll fix it so rather than making the school district effectively, double bond, we're saying let the district drive this."
Cottage Grove City Manager Richard Meyers agreed, saying, "We put the bonds in place because contractors can disappear. We have some strong feelings the school district won't disappear on us," he said. "So having this agreement isn't unusual. We know they're going to be around.