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 Park Board Sells Bonds to Generate Funding for Projects 

Published on January 8, 2026 2:35 pm
Last Updated on January 8, 2026 2:35 pm

Effingham Park District
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Effingham Park Board members voted this week to sell $750,000 in bonds.

Park District Director Jeff Althoff said $430,000 of the funds would be to pay down the amount owed on the debt certificate issued to fund the Hendelmeyer Park sports complex. Althoff said that paying off the debt certificate will be completed in four years.

Other revenue generated by the sale of the bonds will go toward a new restroom facility at Hendelmeyer Park closer to the pickleball courts, a pavilion in that area, and asphalting that front portion of the Hendelmeyer Park parking area near the pickleball courts.

Althoff said work continues on the skate park at Hendelmeyer Park with the block wall to be constructed beginning next week. He also said work would begin soon to take spring and summer sports league registrations.

The Board also approved pay raises for employees of just over 3%.