The Elida School Board decided Tuesday night to put a bond issue and tax levy on the ballot for a May 8th election.
The two will combine for a single ballot issue. The bond, just under $18 million, to be repaid annually for a maximum of 30 years. The levy, an additional property tax to find construction and renovation, at a rate not exceeding five cents per $100 of tax valuation. Both of these, to be used for a new Elementary School. Elida Superintendent Joel Mengerink said the current building is old and a new one should see a lot more space for the kids and faculty. He told us this is a great time to also take advantage of possible state grant.
"This is an important thing for our building, our community and our district," said Elida Superintendent Joel Mengerink. "Elida's numbers are about to come up with the School Facility's Commission. We want to take advantage of that opportunity to get state money when the opportunity presents itself."
If passed in May, construction would begin and is likely to run through the next 3 to 4 years. If it does not pass, the School Board will reconvene and look at other funding methods, or, it could be on another ballot at a later time.
