The Milroy School Board continues to take the necessary steps as it moves toward consolidation with Tracy Area Public Schools.
During Monday’s normal meeting, the board passed a resolution providing for the optional redemption and prepayment of the district’s outstanding General Obligation facilities maintenance bonds. While the bond is not immediately paid off, it must be paid prior to the consolidation. The current bond matures in 2031. The total amount will be just over $100,000.
“We’re calling the bonds,” Supt. John Willey said. “It’s like paying the mortgage off early, saving some interest.”
In addition to the resolution, the board approved hiring American Engineering and Testing for soil testing. Phase 1 of the testing is surface testing for $1,500. Phase 2, if needed, is $5,700.
“There is no bearing if you sell the business or demo building,” Willey said. “They have to do soil testing to make sure there is no contamination and no underground tanks. There are two phases — phase one is surface testing. If they discover something, they have to do bores. If there is nothing. they don’t have to do phase two.”
Willey also gave an update to the board on other aspects of the upcoming consolidation. TAPS Supt. Chad Anderson met with staff last week, and the state now recognizes the consolidation. The state auditor has the required documents, and the school is waiting for them to sign off on them.
The plat was redrawn and submitted to the state.
Willey also reported that he has gotten bid package requests for the building.
