COLDWATER, MI (WTVB) – Coldwater Community School’s Superintendent Terry Boguth told the district’s Board of Education Monday night that they will pursue a competitive bond sale following the passage earlier this month of a $29.7 million millage and bonding proposal.
The approval will lead to the construction of a new 4th and 5th grade building on Western Avenue in Coldwater where the little league diamonds are currently located.
The funds will also be used for building improvements throughout the district and the purchase of new buses.
Boguth said the competitive bond sale was the best of three options.
She hopes the bonds will be sold by March 1, 2018.
Boguth added a building design committee will look at other buildings in Kalamazoo to get an idea what the new school will look like. It’s hoped the new building will be ready in 2021.
In other business, the board approved and accepted the 2016-2017 fiscal year audit that was performed by Hungerford Nichols. The firm’s Mike Gruennert said the audit had an unmodified opinion, which meant it was a clean audit.
