BOE Discusses Bond Issue

| October 11, 2012 | 11:04 pm
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A bond issue for the April 2013 ballot was the focus of discussion at Wednesday night’s meeting.  If the district decides to put it on the ballot, information will have to be to the County Clerk by January 29th.  If they decide on a $10 milion bond, a 37 cent levy will be required.  A $15 million bond would mean a 55 cent levy.  No decision was made, but representatives from the Marshall-Saline Development Corporation and the Zimmer Real Estate Group voiced their favor of the issue, as education plays a major role in economic development.  The board then adjourned to closed session, but did not take any action.

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