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Board approves $43.9 million bond and related resolutions to fund building improvements
Summary
The Ithaca board unanimously approved a package of resolutions including a bond authorizing up to $43,900,000 for reconstruction and improvements to district buildings, the required resolution of necessity, and a resolution calling the district meeting and election.
The Ithaca City School District board voted on a series of required capital resolutions at the March 10 meeting, approving a bond resolution authorizing the issuance of up to $43,900,000 in bonds to finance improvements and reconstruction of district buildings.
During the voting sequence the motion language cited a maximum estimated project cost of $43,900,000 and authorized issuance of bonds in that amount. The motions were moved and seconded (transcript notes "moved by Adam, seconded by Jacob") and passed unanimously, with the chair calling the question and confirming passage.
The board also approved the related resolution of necessity and the resolution calling the annual district meeting and election, all items required ahead of presenting a capital project to voters. District staff noted that some procedural resolutions are required to be separated and presented individually.
No individual vote tallies by member name were read into the public transcript; the chair recorded the motions as passing unanimously. The board noted the timing for related public meetings and required resolutions prior to a May vote.
