Spencer County board approves $835,000 bond resolution, allows up to $85,000 adjustment for high‑school roof

The Spencer County Board of Education voted to authorize a Series 2026 general obligation bond to fund roof repairs at Spencer County High School.

Lincoln of Ross Sinclair Associates read the resolution the board would later consider, saying the bonds are for a principal amount of $835,000 “subject to a permitted adjustment of up to $85,000,” and that proceeds would be used for the public project and related funds and documents required by KRS 6.480. Board members discussed timing and construction impacts on campus before the motion.

Board members said the district’s bonding capacity is strong enough to absorb the sale; one board member noted the district’s bonding capacity had already been rounded up to about $25 million and that the roof project “will be less than a million,” making it a feasible use of capacity. The superintendent and staff said the contractor IRC is expected to complete the work over the summer and that site staging and rollbacks would be noticeable, likely for a minimum of four weeks.

The board made a motion to approve the bond resolution authorizing $835,000 plus or minus $85,000 for the partial roof replacement at Spencer County High School and approved it by voice vote.

The superintendent said staff will finalize the sale documents and related fund‑establishment paperwork and that the board had delegated certain determinations to the secretary of the board and other necessary officials as provided in the resolution. No roll‑call vote totals were recorded in the transcript.

The board also discussed next steps for the project schedule: work would begin as soon as paperwork is finalized and permits are obtained, with construction intended to proceed in early June where possible.