SCOTT TWP. - In a move that could not be helped, the Lakeland School Board approved to move ahead, with the proposed needed repairs to the high school. The board approved to go ahead with the purchase of $3.5 million in bonds at an interest percentage rate of 2.637. With that the board has approved to pay back a total amount of around $4.5 million over the next 18 years.
The district is planning to use the bond funds to replace the current high school roof and mechanical equipment, with bids proposed to come in the month of October, from contractors.
With the approval of the bond the board also moved to approve to submit a high school renovation plan, with an estimate of $6.5 million. The board will submit the proposal to the Department of Education for consideration of a reimbursement.
The board will review the first phase of the roof work and then proceed with the next phase