LCC School Board Will Place $23 Million Bond Issue on the Ballot

LAUREL — Laurel area voters will get an opportunity to vote in November on a proposed $23 million bond for school improvements.

Board members reviewed information for a bond election for the cost of the school facilities renovation project for a total amount to be bonded of $23 million to be bonded over 25 years.

The project would require an 11.1-cent bond levy. Projected true interest cost will be 1.903 percent.

The project may allow the school board to reduce the .074344 now being used for the special building fund.

This decision was made after a five-meeting process, which included discussions to formulate options.

The process shows the scope of what will be needed to replace what school classrooms now are used at the high school level. A new front entrance is also suggested.

A November vote in favor of the project would mean design would begin immediately on the project.

Community informational meetings are planned before the vote including at least three public forums.

School board president Jay Hall said the COVID situation delayed everything.

“This project is a renovation of the high school. This is a pretty major decision,’’ Hall said.

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