School Board Passes Resolution for Issuance of Working Cash Bonds
Bond will be used to purchase property south of SVHS campus
October 13, 2008
At its regularly scheduled meeting on October 9th, 2008, the Meridian School Board approved a resolution to issue $2.15 million in Working Cash Fund Bonds for the purpose of purchasing nearly 148 acres adjacent to the Stillman Valley High School campus. Over the past several months, the Board has undergone the process of evaluating the property and its suitability to provide for educational facilities. The resolution provides the financing mechanism to purchase the property. There have not been any facility decisions regarding the property. The close proximity to two District's existing campuses provides for great flexibility and options in regard to future expansion.
