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Beech Grove holds preliminary hearing on proposed capital projects and possible bond financing
Summary
District administrators described proposed roofing, HVAC, paving and bus purchases during a public preliminary determination hearing; municipal advisors outlined potential bond capacity and estimated financing parameters; a second hearing was scheduled for March 11.
The Beech Grove City Schools board received an update Feb. 11 on proposed capital improvements and the early financing work necessary to support them.
Dr. Hammock (district staff member) presented the facilities assessment and the rationale for proposed capital work, describing priorities including roof repairs and replacements, paving projects, HVAC upgrades, and school bus purchases. He told the board the district expects projects to be executed within two to three years.
Municipal advisors from Baker Tilly provided preliminary financing analysis and estimates. Joey Garnett, who…
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