Posted Date: 12/12/2018
OF INTENT TO FILE AN APPLICATION FOR PERMISSION
TO VOTE AND ISSUE SCHOOL BONDS IN EXCESS OF
THE DISTRICT'S GENERAL BOND DEBT LIMITATION
To the Electors of Unified School District No. 407, Russell County, Kansas (Russell):
You are hereby notified that the Board of Education (the “Board”), of Unified School District No. 407, Russell County, Kansas (Russell) (the “District”), will make and file its application with the State Board of Education, Topeka, Kansas, together with proof of publication of this Notice, for permission to vote general obligation bonds (the “Bonds”) in excess of the District's general bond debt limitation for the purpose of providing funds to pay the estimated $17,500,000 costs to: (a) construct, furnish and equip electrical and HVAC improvements, updates and upgrades, (b) construct, furnish and equip new classrooms at Simpson Elementary School, (c) construct, furnish and equip improvements, updates and upgrades related to ADA accessibility, and (d) make all other necessary improvements appurtenant thereto (the “Project”). The costs of the Project will be payable from proceeds of the Bonds in an amount not to exceed $17,500,000.
The application will be filed pursuant to a resolution adopted by the Board on December 10, 2018, under the authority of K.S.A. 72-5458 et seq., as amended.
Dated: December 10, 2018.
BOARD OF EDUCATION
UNIFIED SCHOOL DISTRICT NO. 407
RUSSELL COUNTY, KANSAS (RUSSELL)
By: /s/ Raeleen Reinhardt, President
/s/ Jane Cline, Clerk