School Board Wants Bonds

School board wants bonds

Submits a proposition to bond for $20,000

Explanations wanted as to why these bonds are necessary - it should be a full statement and made with authority

The school board has called a special election of the voters for May 25, to vote upon the question of issuing $20,000 bonds on the school district. The public will await with interest a full and complete explanation of why these bonds are needed. If this full and complete explanation is satisfactory they will undoubtedly be voted. But the people are not in the mood at present to take anybody's judgment as to the need of bonds without due reasons being given therefor. 

The explanation in brief as stated by a member of the board is as follows: When the Perry school was built the board were authorized by a vote of the people to issue $25,000 bonds. As the bonding limit at that time was $30,000 with $16,000 bonds outstanding, only $14,000 of the amount authorized was issued. This leaves $11,000 yet to be provided for. The board wants $9,000 more because they failed to sell their lots on the corner of Hill and Forest avenue and the building on Packard street, west of the new school house and they also want to put ín sewerage In the second and fourth ward schools. 

An official, full and exact statement will be awaited with interest.