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Wednesday, January 17, 2001

Schools to ask for $50 million


Lebanon bond issue just Phase I

By Jennifer Mrozowski
The Cincinnati Enquirer

        Barring surprises, Lebanon school district residents will see a $50 million bond issue for school renovations and new facilities on the May ballot.

        “We've got to have it,” said president board Orville Robinson. “We're out of room.”

        The district is growing by about a 100 students a year.

        The Lebanon school board passed a resolution Tuesday stating the need for new facilities. The two-phase plan totals $80 million.

        Board members will have to vote again in February to put language on the ballot for the $50 million bond issue to cover costs of phase one of the plan. The bond issue should not exceed 28 years.

        If the $50 million bond issue passes, the district will reach its borrowing capacity, said Treasurer Mary Beth Kemmer. That means a bond issue for all or part of a planned $31.8 million second phase will go to the voters when some of the first bond is paid off or when there is a need.

        The first phase will cost homeowners of a typical home an additional $170- $180 annually in property taxes, Ms. Kemmer said.

        Phase one includes:

        • Building a new elementary school for kindergarten to fourth grades ($7.2 million).

        • Adding on to the three existing elementaries ($2.1 million each).

        • Partially renovating Berry Middle School into a building for fifth and sixth grades ($1.6 million).

        • Building a new high school for 1,400 students ($32.4 million).

        • Acquiring land for the new elementary school ($330,000).

        • High school athletic field development ($400,000).

        • Converting Donovan Intermediate to a building for kindergarten to fourth grades (no cost at this point).

        Phase two includes:

        • Further renovating the three elementaries ($3.4 million each).

        • Further renovating Berry Middle School ($8.6 million).

        • Renovating the current high school for seventh and eighth grades ($8.4 million).

        • Adding onto the new high school for 200 more students ($4.6 million).

       



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