Question
BOND INITIATIVES In November 2014, voters in the Clackamas Community College district approved a $90-million bond measure that is being used to update and expand
BOND INITIATIVES
In November 2014, voters in the Clackamas Community College district approved a $90-million bond measure that is being used to update and expand college classrooms and labs and modernize equipment to meet industry standards. Passage of the bond also results in CCC receiving $32 million in state matching funds, which will be used to support Harmony West, the Industrial Technology Center, the DeJardin/Pauling Science Complex and the Welcome Center.
The bond measure was developed after a two-year community engagement process, asking the community what they most valued and needed from the college today and in the future. The bond projects address the requests during this process. Career technical and transfer degrees were identified as the top two areas for strategic improvement.
Clackamas Community College has 27 buildings on three campuses in Oregon City, the Harmony Community Campus in North Clackamas and the Wilsonville Training Center. Implementation of the bond projects includes opportunities for students, area businesses and local workforce.
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THE FOLLOWING PROJECTS WILL BE CONSTRUCTED ON THE OREGON CITY AND HARMONY CAMPUSES:
PROJECT 1:
Harmony West
This project replaces the 61-year-old former Oregon Institute of Technology building on the Harmony Community Campus in Milwaukie. The new facility allows CCC to continue to grow its Health Science, workforce development and general education offerings in the North Clackamas area.
PROJECT 2:
Industrial Technology Center
Construction of the Industrial Technology Center on the Oregon City campus, complete with labs and classrooms, benefits manufacturing, machining and CNC machining programs.
PROJECT 3:
DeJardin/Pauling Science Complex
The DeJardin Science building on the Oregon City campus will receive an addition and improvements to the existing facility. Along with the renovation and modernization of the remaining building, classrooms and facilities will provide modern science labs for students. Programs benefitting from the expansion include Water and Environmental Technology, High Purity Water, Nursing and Health Science. The expansion will also improve access to science labs, which is critical to university-bound transfer students.
PROJECT 4:
Welcome Center
This project creates a new Welcome Center and remodels current Bil Brod Community Center on the Oregon City campus. The new facility will allow CCC to co-locate critical support services such as veterans services, disabilities resources and career coaching in one convenient location. Helping students stay in school and on track with their career and academic pathways is a priority for CCC.
PROJECT 5:
Facility and Campus Upgrades
Upgrades and renovations to existing facilities are expected to result in cost savings to the college through increased efficiencies
questions:
Think through how this works? How is this different than a corporate bond?
This process will involve both investors and taxpayers. Who gave CCC the $90 million dollars? What about the state matching money? Who will pay back the bonds in the long term? Why did we vote on this process? And what are your thoughts on looking back today 6 years later?
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