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McKenzie Schools Seek Approval for Debt

By Joel Washburn
washburn@mckenziebanner.com
Posted 1/13/22

McKENZIE — McKenzie Schools is seeking approval from the Tennessee General Assembly to borrow up to $4.5 million to construct a new multi-purpose building at McKenzie High School.During the …

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McKenzie Schools Seek Approval for Debt

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McKENZIE — McKenzie Schools is seeking approval from the Tennessee General Assembly to borrow up to $4.5 million to construct a new multi-purpose building at McKenzie High School.
During the January 11 meeting of the McKenzie Special School District Board of Education, by a voice vote, the members voted to seek authorization to issue financing bonds.
Both board members Karen Fowler and LaShonda Williams questioned whether or not federally-funded COVID relief money known as ESSER would pay for the construction. Lynn Watkins, director of schools, said ESSER would not fund the project. He said the preliminary estimate for the project is $2.5 million for construction.

On a motion by George Cassidy and a second by Misty Aird, vice-chairman LaShonda Williams called for a voice vote, which garnered no opposition from the four members in attendance and the vote was assumed unanimous. Greg Barker and Jon Davis were absent. Following the meeting, Karen Fowler said she did not vote to borrow the money because she was under the assumption ESSER funds would pay for the project.
The multi-purpose building would provide a climate-controlled facility for the practice of sports, physical education and band, plus any other activities.
The school district will retire its indebtedness on the high school construction this year leaving the opportunity to service new debt.

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