Unit 40 School Board Moves Ahead w/Bond Sale for Work at Central, EHS
Published on March 20 2017 7:23 pm
Last Updated on March 20 2017 7:24 pm
Written by Greg Sapp
The Effingham Unit 40 Board of Education Monday moved ahead with the sale of bonds to finance health and life safety improvements at Central Grade School and Effingham High School.
The school district will self-finance the project, issuing the $5,674,000 in bonds and then buying the bonds. Unit 40 Superintendent Mark Doan said the district will get an average rate of 2.65% on the bonds.
Doan said previously that the life of the bonds currently on the books will be extended to finance the improvements. As the district equalized assessed value grows, less should need to be levied in taxes to make the bond payments. Doan said they are to close on the bond sale next Monday.
The project list includes a new roof for the high school building, replacement windows at Central, some flooring replacement at Central, replacement of the HVAC system at the high school, and installation of air conditioning in the gyms at EHS. The State approved the list of projects as submitted by the District.
The Board also took action on personnel items, including formally accepting Ron Reed's resignation as high school boys varsity basketball coach. Resignations were also accepted from teachers Natalie Brummer and Shanna Ambuehl at the end of the school year. The Board hired Jodi Waymoth as Student Services Secretary at the high school, and approved leaves for David Gergeni, Janet Inman, Toni Chisler and Pat Clough. Those are extensions of leaves for Chisler and Clough.