The Mars Area School Board is continuing the process of funding an expansion project at their elementary school.
At their meeting Tuesday night, board members unanimously approved a resolution to authorize the issuance of General Obligation bonds in an amount not to exceed $11.875 million.
This is expected to take place sometime next month. The first bond for $10 million was secured last year.
The district will then need to issue another bond next year in the amount of about $5 million to finish paying for the project with smaller bonds allowing for lower interest rates as well as a more favorable tax situation.
This just over $21 million project includes a new wing at the elementary school. Once completed, the new facility will house kindergarten through third grade students.
The post Mars Continuing Process Of Funding Elementary Expansion Project appeared first on ButlerRadio.com – Butler, PA.







