ELLSWORTH SCHOOL DISTRICT: Resolution re: Bonds for Maintenance | Pierce County Herald
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ELLSWORTH SCHOOL DISTRICT: Resolution re: Bonds for Maintenance

Friday, August 29, 2014 - 11:20pm

NOTICE TO THE ELECTORS OF
ELLSWORTH COMMUNITY SCHOOL DISTRICT
NOTICE IS HEREBY GIVEN that the School Board of the above-named School District, at a meeting duly called, noticed, held and conducted on August 25, 2014, adopted a resolution entitled:
RESOLUTION AUTHORIZING THE BORROWING OF
NOT TO EXCEED $6,700,000; AND PROVIDING FOR THE ISSUANCE AND SALE OF GENERAL OBLIGATION
PROMISSORY NOTES THEREFOR
Said Resolution was adopted pursuant to the provisions of Section 67.12(12), Wisconsin Statutes to authorize a borrowing in an amount not to exceed $6,700,000 for the public purpose of paying the cost of energy efficiency and capital maintenance projects and improvements at District buildings and grounds (the "Project").
Copies of said Resolution are on file in the District office, located at 300 Hillcrest Street, Ellsworth, Wisconsin 54011 and may be inspected weekdays, except holidays, between the hours of 9:00 a.m. and 4:00 p.m.
Section 67.12(12)(e)2, Wisconsin Statutes provides in part that a referendum is required on the question of this borrowing only if a petition is filed within 30 days after this publication signed by at least 7,500 District electors or 20% of the District electors voting for Governor at the last general election, whichever is the lesser. If no such petition is filed, then the Resolution shall be effective without a referendum.
Dated this 25th day of August, 2014.
BY ORDER OF THE SCHOOL BOARD
Kurt Buckner, District Clerk
________________________________ (Pub. 09/03/14) WNAXLP