Proposition

Shall the Board of Education undertake a capital improvement project consisting of the reconstruction and renovation of, and the construction of improvements, additions and upgrades to various District buildings and facilities and the sites thereof, the purchase of original furnishings, equipment, machinery and apparatus required in connection with the purposes for which such buildings, facilities and sites are used, all to include site, access, parking, athletic field and playfield improvements, demolition, utility, mechanical, plumbing and electrical improvements as well as payment of professional fees and all other necessary costs incidental to such work, and expend therefore a total sum not to exceed $16,858,166, which is estimated to be the total maximum cost thereof, and pay for the project by using $1,800,000 from the Capital Reserve approved by the District’s voters in May of 2016 and the levy of a tax which is hereby voted for the project in the amount of $15,058,166, subject to available state and federal aid, which tax shall be levied and collected in annual installments in such years and in such amounts as may be determined by the Board of Education and in anticipation of the collection of such tax, bonds and notes of the District are hereby authorized to be issued at one time, or from time to time, in the principal amount not to exceed $15,058,166, and a tax is hereby voted to pay the principal and interest on said obligations when due?

For a more detailed look at the project, please read the Capital Project Informational Newsletter.