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Board approves pre‑K project need resolution and reapproves building corporation for bond financing
Summary
Board approved a resolution determining the need for a pre‑K facility at the former special services site, approved the form of the lease for a building corporation that will sell bonds and lease property back to the district, and reapproved the Franklin Community Multischool Building Corporation for bond issuance.
The Franklin Community School Corp. board approved a set of resolutions to advance a preschool/pre‑K project and to enable bond financing through a building corporation.
Counsel explained the proposal has two parts: maintenance/repair items and construction of a pre‑K facility at the district’s former…
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