Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Library Bond topic
No spam. Unsubscribe anytime.
Board approves bond resolutions to place $19 million community library measure on ballot
Summary
The board passed resolutions to request state consents and to declare the necessity of a $19 million bond issue for the community library; district staff said filings will be submitted to state and county offices and a formal resolution to proceed will return after the county auditor provides the millage estimate.
The Big Walnut Board of Education on June 16 approved a pair of resolutions to move a proposed $19 million bond issue for the community library toward the ballot.
District officials said they would file a resolution requesting state consent and special-need approval with the Ohio Department of Education and the Department of Taxation and will submit a declaration of necessity to the Delaware County auditor’s office. The board approved both resolutions on unanimous recorded votes.
What happens next: staff said they will submit required documents to state agencies and, once the county auditor returns a millage estimate, bring a resolution to proceed on the June 26 board agenda. The district’s presentation noted legal review with bond counsel and municipal advisors and stated the maximum maturity of the bonds is 30 years per the certificate of estimated life and maximum maturity.
Votes: Board members recorded unanimous yes votes on both the resolution requesting state consents and special-need approval and the resolution declaring necessity of the bond issue.
Background: The district indicated it coordinated with the library and county officials ahead of the filings and will finalize ballot language and millage numbers after the auditor's calculations.
