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Montoursville board votes against joining East Lycoming CareerTech bond amid disputes over cost sharing
Summary
After extended debate over how bond costs would be divided among sending districts, the Montoursville Area School District board voted in a roll call that recorded more 'no' than 'yes' responses and did not approve joining a proposed bond repayment for improvements to the Lycoming CareerTech Center.
The Montoursville Area School District board voted against recommending local participation in a bond repayment arrangement with East Lycoming School District for improvements to the Lycoming CareerTech Center, after board members challenged how costs would be allocated among sending districts.
The issue came up during consideration of agenda item 3.3, a proposed agreement that would have obligated participating districts to cover one-sixth of a specified repayment share, described in the agenda as not to exceed $5,000,000 plus interest at 3.7% over a 15-year period. Chair (presiding officer) called for a motion and the board conducted a roll-call vote after extended discussion.
Why it mattered: Several board members said they value…
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