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Bond Projects

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Hallinan aerial view of entrance

Bond Overview
Educational Excellence. Oak Creek is a neighborhood elementary school that serves approximately 400 students and is consistently recognized among Oregon’s top-performing elementary schools, according to Niche. Safe. Modern. Resilient. This bond measure represents the final phase of a three-part initiative to build safe, modern, and resilient schools in Lake Oswego. Maintain Estimated Current Tax Rate​​​​. If approved, the $245 million bond is projected to maintain LOSD’s current estimated bond tax rate of $2.90 per $1,000 of assessed property value. No increase in the bond tax rate is anticipated. MEASURE 3-628. Election Date: November 4, 2025

Proposed Bond 2025 Projects

Aging Infrastructure. Oak Creek, built in 1991, relies on outdated systems that need repair or replacement to support healthy, safe, and efficient operations. If passed, this bond would:

Replacing failing and obsolete systems

  • Heating and cooling systems 
    • Upgrade failing systems and replace broken components
  • Interior and exterior surfaces
    • Update and repair the asphalt and concrete parking lot, playground, and sidewalks
  • Electrical and plumbing systems
    • Upgrade failing systems and replace broken components
  • Security systems
    • Replace the obsolete fire alarm system
    • Replace interior and exterior lighting with energy-efficient LED
  • Furniture, fixtures, and equipment
    • Classrooms: Replace worn furnishings to support modern learning
    • Classrooms: Replace broken and outdated personal devices that every student uses for curriculum and instruction
dated furniture
fire alarm