Addison SD 4 board sets public hearing on up to $60 million in safety bonds
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Summary
The Addison School District 4 board approved a resolution calling a public hearing on plans to sell up to $60 million in school fire prevention and safety bonds to fund building upgrades; the hearing is scheduled for March at Indian Trail Junior High.
The Addison School District 4 board on Feb. 18 approved a resolution to call a public hearing on the district’s intent to sell up to $60,000,000 in school fire prevention and safety bonds to bring existing student-occupied facilities into compliance with the State Board of Education building code.
The board resolution sets the public hearing for March at 6 p.m. in the Indian Trail Junior High School boardroom and directs the secretary to publish notice in the Addison Independent and post the hearing notice as required by Illinois law. The measure was presented by the board secretary and carried by roll call vote.
Administration told the board the resolution establishes the maximum amount the board may seek; the final bond amount will be determined after a health/life safety survey to identify and scope specific projects. During committee reports and discussion, board members said the finance and buildings-and-grounds committees have already discussed the types of projects that could be funded but that specific project lists and costs will follow the survey.
Kelly and Beth, representing the Addison Teachers Association, told the board they support moving forward with health and safety bonds. “The proposed bonds would allow critical facility needs to be addressed while preserving operating funds that directly support students and staff,” they said during public comment.
The resolution spells out statutory notice and hearing procedures, including a 7-day waiting period after the final adjournment of the hearing before the board may adopt a bond sale resolution. The administration said it will schedule the health/life safety survey and return to the board with project-level recommendations and a projected bond amount once the survey is complete.
Next steps: the board will hold the public hearing in March to receive public comment, complete the health/life safety survey, and later consider a resolution to issue bonds once project scope and final amounts are determined.
