img-3440

The Washington Community School Board approved the issuance of School Infrastructure, Sales, Service and Use Tax (SAVE) bonds during their recent meeting.

After a public hearing was held on June 9th, the board approved items for the issuance of $4 million in SAVE bonds to fund the installation of a geothermal unit at Lincoln Elementary and related improvements. This project is currently underway with all pumps installed and ready for the heating, ventilation, and air conditioning system which is expected to undergo equipment start ups this week. The board approved five bid packages and two alternates for a total of $2,759,509, with two alternate rooftop unit purchases totaling $57,795. Board President Eric Turner remarked that this bond issuance is good for Lincoln and good for the district.