Red Lake Voters Approve Maximum Effort Capital Loan of $32,586,000
Red Lake school officials received the community support they were hoping for.
In complete but unofficial results Tuesday, 20 of 24 voters voted to approve the Red Lake School District's plan to incur indebtedness with a maximum effort capital loan of $32,586,000.
The question on the ballot was: Shall the School Board of Independent School District No. 38, Red Lake Minnesota be authorized to incur indebtedness of the District in the amount not to exceed $32,586,000 for the purpose of Building, Renovations, Additions, Remodeling, and Demolition to the High School, Middle School, Red Lake and Ponemah Elementary Schools and Red Lake Early Childhood Center by applying for a loan from the State of Minnesota’s maximum effort school loan fund in such amount as may be available to the District?
The school board will officially canvass election results next Wednesday.
With the majority of voters approving of the bond package, the school district will go forward with plans of building, renovations, additions, remodeling and demolition to the high school, middle school, Red Lake and Ponemah Elementary Schools and the Red Lake Early Childhood Center.