Lubbock ISD Receives $3 Million Gift from PlainsCapital Bank
In a morning press conference, Lubbock ISD announced a $3 million gift from PlainsCapital Bank as part of a sponsorship agreement which includes naming rights for the district’s largest athletic complex, PlainsCapital Park. The gift will be utilized to enhance academic, fine arts and athletic initiatives within the district.
PlainsCapital Park will be the name of the athletic complex which houses Lowrey Field, where all LISD high school football games are played, Moegle Field, the home site for Monterey High School (MHS) baseball and the MHS softball facilities. All high school and middle school varsity track meets will also take place at PlainsCapital Park. In addition to the potential for many post-season play-off events, the stadium will also host UIL marching band competitions and events.
Lubbock ISD Superintendent Karen Garza, Ph.D. said, “The support of PlainsCapital Bank with a gift of this magnitude is very significant for our school district. These funds will enhance academic, fine arts and athletic endeavors in the district for many years to come.” “This announcement is the next chapter in a long relationship with this valued partner,” she added.
John Owens, PlainsCapital Bank regional chairman said, “PlainsCapital Bank has been a long-time supporter of the Lubbock community and we’re pleased to be part of this project. We look forward to the new PlainsCapital Park and continuing to support LISD in its academic, fine arts and athletic initiatives.”
Garza outlined the planned use of the funds to assist in several key areas. Technology will be provided for every campus in the district to assist teachers in non-core classes. The 2010 Bond provided interactive white boards (SmartBoards), document cameras and projectors to teachers in core classes: math, science, English/language arts and social studies.
In addition to new signage and a new scoreboard for the football stadium, additional funding for fine arts will also be made available due to the PlainsCapital Bank donation.
Classroom teachers were also provided with monies from this donation to offset out-of- pocket expenditures made for supplies and materials as they have implemented new curriculum in preparation for the state’s new STAAR test.
With improvements to the 51 year-old complex provided by the 2010 Bond Election, the facility will be more attractive for hosting post-season play-offs and additional UIL events. LISD Board President James Arnold said, "The new PlainsCapital Park will host a variety of events from UIL competitions, playoff games, along with other regional contests. The economic development opportunities will benefit Lubbock for decades to come. The partnership with PlainsCapital, made it happen.” Students from each of the four high schools, representing athletics and fine arts, were present at the press event to assist in unveiling architectural renderings of the newly named facility.