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Pike Township board approves reimbursement bond resolution to fund Pike High learning center
Summary
After a public hearing, the MSD Pike Township school board approved resolutions to issue up to $6.865 million in general-obligation reimbursement bonds and an additional appropriation of bond proceeds to help fund the Pike High School Learning and Engagement Center, with proceeds to be combined with grant funds.
The Metropolitan School District of Pike Township on May 14 approved resolutions to issue reimbursement bonds not to exceed $6,865,000 to finance the district's matching share of the Pike High School Learning and Engagement Center.
The action followed a public hearing on the bond and related additional appropriation. Bond counsel Jeff Quackenbush of Barnes & Thornburg explained the legal process and said the district intends to sell the bonds later this…
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