Cuesta College will not put a bond on the November ballot but will likely pursue such a measure in 2014.
Last week, the Board of Trustees decided not to hire an outside consultant to conduct a voter opinion poll to determine the feasibility of a November 2012 bond. The survey, which would have cost up to $40,000, was deemed unnecessary after college trustees decided not to pursue a general obligation bond measure in 2012, according to a news release issued by the college.
It is just not the right time for us, President Dr. Gil Stork said in a written statement. We had a fiscal obligation to explore all the possibilities, but pursuing a bond measure in 2012 would not be in the best interest of the college or the community that supports us. We will continue to focus our attention and efforts on improving our accreditation status and navigating the current fiscal climate.
In May, the trustees authorized Stork to draft a contract to hire a consultant to poll the community on its support for a general obligation bond measure. That measure would have sought $100 million a significantly smaller amount than the $310 million bond solidly rejected by voters in 2006. This was the first time the college considered a bond since that measure failed.
With the majority of our buildings more than 30 years old and built before current technology existed, Cuesta College needs renovations and technological improvements that can only happen with a successful bond measure, Stork said. While we are not seeking a local bond measure this year, it is only a matter of time before we will need the financial help of the communities we serve.