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Plainfield schools hold preliminary hearing on $20.26M GO bond to pay for roofs, HVAC, security and buses
Summary
At a required preliminary hearing, district finance staff outlined a proposed $20.26 million general-obligation bond to fund a middle-school roof (~$2 million), HVAC upgrades at Central and Plainfield High School, district security upgrades and bus/vehicle replacements; no public comments were offered at the hearing.
The Plainfield Community School Corp. held the first of two required preliminary determination hearings on Jan. 8 for a proposed $20.26 million general-obligation (GO) bond the district intends to issue to fund capital projects.
Finance staff explained the statutory requirement for two preliminary hearings before issuing debt and outlined the planned uses for the bond…
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