Somerset School District Electors
notice to the electors of
school district of somerset
st. Croix County, Wisconsin
NOTICE IS HEREBY GIVEN that the School Board of the above-named School District, at a meeting duly called, noticed, held and conducted on January 21, 2008, adopted an initial resolution entitled:
AUTHORIZING GENERAL OBLIGATION BONDS
IN AN AMOUNT NOT TO EXCEED $35,434,000
Said Initial Resolution was adopted pursuant to the provisions of Chapter 67 of the Wisconsin Statutes to authorize a borrowing in an amount not to exceed $35,434,000 through the issuance of general obligation bonds of the District for the public purpose of paying the cost of constructing a new high school facility; upgrading the middle school kitchen and HVAC system; converting existing buildings to accommodate different grade levels; improving sites and roadways; and acquiring equipment, furnishings and fixtures.
Copies of said Initial Resolution and a detailed breakdown of the school building program to be financed with the proceeds of the proposed Bond issue are on file in the District Office located at 645 Sunrise Drive, Somerset, Wisconsin 54025 and may be inspected weekdays except holidays, between the hours of 9:00 a.m. and 4:00 p.m.
The School Board has called for a referendum election on the Initial Resolution to be held on April 1, 2008. Dated January 21, 2008.
BY ORDER OF THESCHOOL BOARD
Sharon S. Germain, District Clerk