MOSES LAKE - The Moses Lake School Board passed a resolution Thursday placing a $115 million bond on the ballot Feb. 14.

The bond would pay for a new high school and two new elementary schools.

The bond is estimated to cost $2.25 per $1,000 of assessed valuation. That includes the cost of the bond passed in 2007. The bond passed in 1993 will be paid off in 2012.

A home assessed at $150,000 would pay approximately $337.50 in 2013 for the bond, according to literature released by the school district.

Bond money would be used to build two new elementary schools. Sixth grade students would move to the new elementary schools to relieve overcrowding at the district's existing middle schools.

The new schools would also allow the district to offer full day kindergarten.

Overcrowding at Moses Lake High School would be relieved by the construction of a new high school.

The bond would also pay for improvements to modernize the existing high school, replacing the high school's pool cover and heating system,  and resurfacing the track and tennis courts.

It would implement new safety, security and health measures in the district, pay for technology upgrades at all schools in the district and purchase land to support the construction of new schools.

Ballots for the bond and levy measures will be sent to voters Jan. 27 and must be postmarked no later than Feb. 14.