The CVU School Board recently approved the warning for a $1.5 million bond to go before voters for upgrades to the CVU Athletic Fields — including installation of two synthetic turf fields, bleacher seating, and lights. According to Board officials, taxes generated by a $1.5 million 10-year bond are about $4.50-$4.90 per $100,000 of tax-assessed value – less than $15 dollars for a home assessed at $300,000. However, because of significant reductions in existing bond payments, the total CVU bond payments, including this proposed $1.5 million, will be LESS than the current total of payments.
On the heels of the School Board’s decision, the Turf Fields Fundraising Committee has ramped up its efforts in recent weeks, hoping to bridge the gap between the $1.5 million bond funding and the total project cost of $2.6 million. Two unique fundraising efforts are currently underway and generating a lot of enthusiasm from the community.
Perhaps you’ve seen the red and white Mini Cooper with a “Win Me” decal plastered across the hood cruising the roads around CVU or at one of the many home athletic events? If so, you’ve caught site of the first of the new initiatives. The volunteer fundraising group is raffling off a brand new Mini Cooper, selling 500 tickets at $100 each. The drawing is to be held on Nov. 2, and so far ticket sales have been brisk with 212 tickets sold in just three weeks. While the winner will be responsible for tax, title, and registration, the $100 ticket is a great deal with the retail value of the Mini estimated at just over $19,000. Anyone interested in purchasing a ticket can email firstname.lastname@example.org and a committee member will be in touch.
The Turf Fields Fundraising Project has also been selected as the target initiative by the Burlington Free Press for Gannett’s Make a Difference Day, on Saturday Oct. 26. Along with a grant to help promote the project, BFP employees and other volunteers are organizing CVU’s Paint the Pastures 5K. The “color run” to be held at CVU, will serve as additional fundraising sources for the project as well as a forum to provide the community with information about the Turf Project prior to the Nov. 5 bond vote.
To date, the Committee has raised $275,320 towards its $1 million goal to bring two synthetic turf fields, lights, and bleachers to the CVU campus. For more information on the project details, the mini raffle or the Paint the Pastures 5K, visit www.cvuhs.org.