Two motions concerning bond issues were approved at Thursday night’s Homer-Center School Board.
One motion permits the reimbursement of capital project expenditures already incurred once the district has a bond issue in place, and the other is to start the work with PFM Financial Advisors, LLC as their financial advisor, Dinsmmore and Stohl LLP as Bond Counsel and the district’s solicitor to issue General Obligation Bonds. The amount will not exceed $3.5 million for the HVAC and building envelope projects in the district. Business manager Gregg Kalemba said that the $3.5 million is just over the project’s estimate.
The next step in the process will be to pass a parameters resolution at the meeting in September.
The board also approved several motions in prep for the school year, including the Concurrent Enrollment Agreement MOU between Shippensburg University and Homer-Center and approving the continued participation with the ARIN IU 28 STEAM Lending Library for the upcoming year.
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