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Waterford Union High School Board holds hearing on up to $5 million in bonds to buy land for community recreation
Summary
At an informational Aug. 27 hearing, the Waterford Union High School Board discussed a resolution authorizing up to $5,000,000 in general obligation bonds to establish a Community Service Fund for land acquisition to support community recreation facilities; no board vote on bond issuance occurred at the hearing.
The Waterford Union High School Board of Education held an informational public hearing on Aug. 27, 2025, on a resolution authorizing the issuance of general obligation bonds "in an amount not to exceed $5,000,000" to create a Community Service Fund for acquisition of land to support community recreation facilities. The hearing was called to order by President Mike Schoenfeld at 3:30 p.m. in the school's Large Group Instruction Room.
Superintendent Dr. Francois told attendees that the board adopted the resolution on Aug. 12 and that the hearing on Aug. 27 is strictly informational under Wis. Stat. § 67.05(6a)(a)2.b. He said the resolution and related documents were available for inspection at the district office and that the district's legal counsel and financial auditor raised no objections to using the Community Service Fund for this purpose. The resolution text in the record cites Wis. Stat. § 120.13(19) as authorizing community education, recreational and athletic programs and Wis. Stat. § 67.05(6a) as the borrowing authority.
Dr. Francois said the district's 2019 buildings-and-grounds study led to a 10-year facility plan and that, following a successful building referendum in February 2025, some maintenance and infrastructure needs are being addressed while other needs — notably athletic facilities — remain. He identified the softball fields as an example of an athletic facility currently located in a flood plain and said the resolution would allow the district to move quickly to purchase land if an appropriate parcel becomes available.
The board did not vote to issue bonds at the Aug. 27 hearing. Instead, the session provided information to residents about the board's authorization to borrow up to $5 million and the next steps the district would take if it pursued a purchase, including surveying community members on preferred recreation uses and developing an operational plan for funding and public access.
The hearing concluded and the meeting adjourned at 4:00 p.m.
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