Talks on SISD’s bond proposal for $39 million stadium will continue with called meeting on Monday.
The Stephenville ISD board of trustees will meet at 5:30 p.m. Monday, Oct. 10, at the Bond Auditorium to continue discussions about its $39 million bond proposal for a new stadium that residents will vote on in November.
The district’s proposed football/soccer stadium comes with a $39,978,837 price tag.
The board, on Monday, will also discuss designating authority to negotiate a contract for its construction.
Residents are invited to the meeting to weigh in on the issue.
The Stephenville Yellow Jackets have historically played its football games at Tarleton State University’s Memorial Stadium, but as the university’s own football program continues to grow, Stephenville High School will no longer have access to the facilities after July 2025.
"Growth and needs at universities all across the country produce change for those institutions in use of their facilities beyond the game day experience. As priorities change at Tarleton, Stephenville ISD has proposed building a new home for our programs,” SISD Superintendent Dr. Eric Cederstrom told Beneath the Surface News. “The opportunity to control our own destiny, to plan our own activities and to allow student program access under SISD direction would be an extension of the learning process; our home for our kids.”
Though ballot language required for the election ballot will state that This is a Property Tax Increase, the reality is that with assessed property value growth, each penny of the existing I&S rate will generate sufficient revenue to pay for the bonds without requiring the district to increase the rate.
In August, the board of trustees adopted a tax rate that is the lowest in five years.
The proposed football/soccer stadium will include:
Football and soccer competition turf field
· Seating for 7,500 (5,000 home side with some chair backs, 2,500 visitor)
· Press box, lighting, scoreboard and AV equipment
· Home and visitor locker rooms/halftime facilities
· Home and visitor restrooms and concessions
The stadium will be constructed on land already owned by the district at the corner of Frey Street and Wolfe Nursery Road and will be suitable for hosting school and community events.