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Board adopts resolution authorizing up to $5 million in bonds for community recreation site
Summary
On Aug. 12 the Waterford Union High School Board adopted a resolution to establish a Community Service Fund and authorize general-obligation bonds not to exceed $5,000,000 to acquire land for a community park and recreation facilities; an informational public hearing is scheduled Aug. 27.
The Waterford Union High School Board of Education adopted a resolution on Aug. 12 authorizing issuance of general-obligation bonds up to $5,000,000 to acquire land for a community park and related recreation facilities. The resolution establishes a Community Service Fund under Wis. Stat. § 120.13(19) and authorizes an annual levy sufficient to meet debt-service payments on the bonds.
The motion to adopt the resolution was made by Gary Beck and seconded by Dennis Purtell; the roll call vote was unanimous. The resolution directs District administration to publish notice of the resolution, hold an informational public hearing on Aug. 27, 2025 at 3:30 p.m. in the Large Group Instruction Room, and account for ongoing operational costs in Fund 80. The resolution cites Wis. Stat. § 120.13(19) for community education and Wis. Stat. § 67.05(6a) for authorization to issue bonds as its legal basis.
Board members asked questions about ADA access and landscaping related to the project during the information-item discussion; the resolution itself was adopted as presented.
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