Milford, IA (Northwest Iowa Now) — Okoboji schools presented the first of four public meetings on a 69-million-dollar bond issue Wednesday night.

School Board President Juli Johnson says issuing one series of bonds for a new elementary school and upgrades to the high school would actually cost less than asking for two separate bond issues.

 

 

And Johnson says the board considered keeping the current elementary school which is landlocked, and portions of which are over 100 years old, but new also construction appears cheaper.

 

 

Johnson says if the bond issues fail in November, it will be coming back every year until it passes.

 

 

If the bond issue passes, the tax rate will remain at 9 dollars and 25 cents. If it fails, the board will STILL keep the rate at 9.25 and use the extra proceeds retire the debit on the Okoboji Middle School ahead of schedule.