Northhampton Board of Supervisors has approved a resolution for a 20-year bond that will bring in $28,925,000 for the renovation of Northampton High School.
According to the resolution, the County will issue its general obligation school bond “for the purpose of financing capital projects for public school purposes, including, without limitation the renovation, modernization, partial replacement (including demolition), and expansion of the current Northampton Middle/High School Complex, which constitutes a capital project for public school purposes, (ii) the costs of issuing the Local School Bond, and (iii) capitalized interest on the Local School Bond (collectively, the “Project”).”
The County expects to hold a public hearing on October 8, 2019.