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First Northern Bank offers $300,000 scoreboard sponsorship; board to consider purchase options
Summary
First Northern Bank offered to sponsor a new digital scoreboard for the district stadium, and district staff presented two purchase options — a five‑year financed option that carries substantial interest and an upfront CIP purchase that board members preferred. The agreement will be placed on the next board meeting agenda for formal action.
Pleasant Valley School District staff told the board during a working session that First Northern Bank has offered to sponsor a new digital scoreboard for the district stadium, with an estimated project cost of about $300,000 and installation scheduled after this athletics season. District staff asked the board to place a purchase agreement on the next public meeting agenda for formal approval.
The district presented two purchase options. Option 1 would finance the scoreboard through the vendor (Digital Signs Capital) with annual payments of $66,002.50 for five years…
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