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Big Walnut board certifies resolution to proceed with $19 million community library bond
Summary
The board approved a resolution to proceed with a $19,000,000 bond issue for the community library and certified the measure to the board of elections for inclusion on a ballot.
The Big Walnut Local Schools Board of Education approved a resolution to proceed with a $19 million bond issue for the community library at its June 26 meeting and certified that resolution to the board of elections.
The treasurer introduced the item and noted the library’s representative was present. The board voted to move the measure forward; the resolution certifies the district's intention to issue bonds in the amount of $19,000,000 and forwards that certification to the board of elections for placement on the ballot.
Board members moved, seconded and approved the resolution on a roll call vote. No formal public debate or questions about the bond amount were recorded in the meeting minutes; district staff did not present a financing timetable during the agenda item.
A library representative was present in the meeting room during the item but did not present additional financial detail at the podium during the board's action.
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