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District Purchases Property South of SVHS Campus

148 Acres Provides Options for Future Facility Needs

October 27, 2008

The Meridian School District recently completed the purchase of 148 acres south of the Stillman Valley High School campus.  The Meridian CUSD #223 School Board spent the past several months completing the various steps to complete the sale including a geotechnical exploration study to make sure the site is appropriate for school facility construction.  The School District is utilizing bond sales to finance the purchase which are scheduled to be paid out over five years.  The impact of the bond sales on the tax rate will be determined through the levy process which will be finalized in December.  The property has the potential of housing three school campuses and provides the benefit of being adjacent to Stillman Valley High School and in close proximity to Highland Elementary School. 

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