Thursday, April 4, 2013
Ballot includes bond issue
By SUE WATSON
The Holly Springs School District is placing a $10 million construction project, for a new facility and repairs and renovations to older school facilities, on the May 7 city election ballot.
The referendum calls for the district to issue bonds in the maximum principal amount of $10 million to raise money to pay for the “borrowing, of purchasing, erecting, repairing, equipping, remodeling and enlarging school buildings and related facilities.” The bond would also include paying for land and providing water, light, heating, air conditioning and sewage facilities for school buildings and related facilities.
The plan includes building a new intermediate school campus behind the primary school on Maury Street and donating the intermediate school and surrounding land to the city in exchange for land south of the primary school.
The project also calls for air conditioning the high school gym, plus improving and renovating the high school, primary school and junior high school facilities.
School District attorney Tom Freeland, of Oxford, said the referendum does have to meet the approval of the U.S. Department of Justice and he expects there to be no problem there. If for any reason Justice turns down the plan, he said the referendum, whether it passes or fails, would be moot. He said he expects it to pass.
Those who do not live within the city limits but who reside within the Holly Springs School District boundary will be able to vote on the referendum only, not on mayor and aldermen candidates.
Only one member of the board of trustees, Ray Von Autry, is an elected school board member. The others are appointed by the Holly Springs board of aldermen.
No details of the exact plans for school construction and renovations were made available at the request of The South Reporter.
For now, there is no information on how long the bonds would take to be retired and how much it would cost taxpayers, if the referendum passes.
To pass, the bond issue requires a 60 percent vote, according to Mayor Andre’ DeBerry.
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