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Greenfield-Central Com Schools board approves lease, supplemental disclosure and bond-related appropriations for facilities work
Summary
The Greenfield-Central Com Schools board opened a public hearing on a proposed lease with a building corporation, approved five resolutions to authorize the lease, assign bids, adopt a disclosure supplement and issue bonds, and reapproved the district building corporation; proceeds will fund boilers, roofs, restroom renovations and possible classroom additions.
The Greenfield-Central Com Schools board opened and closed a public hearing and approved a package of resolutions authorizing a lease with a building corporation and actions related to a second series of bond proceeds.
Speaker 3, reading requirements from Indiana law, said the district must hold a hearing before entering a lease with a nonprofit building corporation and before appropriating bond proceeds. Dr. Raul was invited to present details of the proposed project tied to the lease and appropriation.
Speaker 2 described prior bond activity and the planned uses for the proposed second bond series. According to Speaker 2, the district previously authorized a first series of bonds (about…
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