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Primary school construction on track; board approves bond-related resolutions
Summary
Aerman reported steady progress on the district's primary school project, with excavation, footings, masonry, and kitchen work advancing; the board also approved resolutions to reapprove the building corporation and a supplement to the master continuing disclosure to move ahead with a second bond issuance.
The Washington Community Schools board heard a construction update from Aerman and approved bond-related resolutions needed for the next issuance of project financing.
Michael Schwarz, representing Aerman, told the board that site excavation and storm-line installation are complete, concrete footings are being placed, masonry is progressing quickly and the "sawtooth" demolition is finished. He said kitchen painting has been completed, flooring installation is next and equipment will be brought in ahead of the school year. "We're on track," Schwarz said, noting steel delivery is scheduled for July and that work positions the project to be enclosed over the winter.
The board then approved two related resolutions: reapproval of the district's building corporation (a not-for-profit Indiana corporation that issues tax-exempt bonds on the district's behalf) and the third supplement to the master continuing disclosure undertaking connected to the bond issuance. Administration said bond counsel Ice Miller assisted with the required legal steps. The board's votes on both items were unanimous among members present.
Board members thanked contractors and noted the pace of work at the site. Administration said the next steps include completing interior finishes and installing kitchen equipment so portions of the building are ready for the coming school year.
What happens next: With the financing steps approved, the district will proceed with the bond issuance process as advised by bond counsel and continue construction work through the summer.
