The Argos Community School Board is looking to get a General Obligation Bond in order to complete several capital projects.
Interim Superintendent Dr. Robert Boyd said the bond would be for $2 million.
“The board is entertaining a proposal that would allow the corporation to infuse some cash into its General Fund operation and to take care of some capital needs that need to be done in terms of boilers for the facility as well as parking lot repairs.”
The project would also entail the conversion of an elementary classroom to an administration office with a conference room. Additional plans include interior painting, carpeting and locker room door replacement.
Any left over money from the bond issue would be moved to the Rainy Day Fund.
Dr. Boyd said several residents questioned the use of the funding for the bond.
The school board secured an attorney to move along with the bond issue and that funding project will continue to move forward.