Pottstown School Board takes next step to borrow $15 million
The Pottstown School Board is now one step closer in borrowing $15 million to renovate five elementary schools.
According to The Mercury, the school board voted 5-2 during its Thursday meeting to authorize the district’s financial consultant to prepare and submit the documents to sell a bond to secure the funding.
The decision to renovate the schools, according to The Mercury, originally came during a July meeting.
Under the decision, the project would allow the district to avoid closing Rupert and Edgewood elementary schools. Three other schools would be expanded and renovated.
According to the report, at least one more board vote will be needed before the decision is made final.
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