Aberdeen School District holds meetings to discuss bond election

Patrons asked to vote Tuesday, May 17

The Aberdeen School District is planning to build and renovate Aberdeen High School starting the summer of 2016, if the patrons choose to vote for the funding on the upcoming bond election on Tuesday, May 17.

In an effort to inform the public about the reasons for the building project and to answer any questions patrons may have concerning the bond election, town hall meetings were held. The first one was in Springfield on Tuesday, May 3. The second one was in Aberdeen on Tuesday, May 10, including both a Spanish and an English presentation.

At the meetings superintendent Jane Ward gave a presentation on the project.

She said financially interest rates are low and costs aren’t getting less expensive. Interest rates, in January 1988 were almost eight percent. They have gone down and up since then, but more down than up. Currently the interest rate is a little bit over three percent.

The bond for the middle school will be paid in full on Aug. 1, 2017. The new bond would be for $11.85 million and would wrap around …

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