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Monroe outlines gym-conversion, new-high-school timeline and bond financing steps
Summary
Superintendent and treasurer updated the board on the gym infill classroom project, the new high school procurement steps with OFCC and the district’s bond financing: a $15 million bond anticipation note issued and a second issuance being priced to complete project funding.
District leaders told the board on Jan. 13 that work on a gym infill project and steps toward a new Monroe high school are advancing while financing moves through a multi-step process.
Superintendent Mister Buskirk said the gym conversion (turning a jail gym into eight classrooms and converting locker rooms into small-group rooms and offices as budget allows) remains on schedule: staff expect to take possession of portions of the facility before the start of the next school year, with the full project complete in…
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