County Council speeds up bond process for Tippecanoe School Corporation

TIPPECANOE COUNTY, Ind. (WLFI) — The Tippecanoe School Corporation asked the county for help to obtain money to speed up repairs to Southwestern Middle and Mintonye Elementary schools.

The Tippecanoe County Council approved a resolution Tuesday declaring that a natural disaster caused both buildings to be structurally obsolete. The declaration is a necessary step to expedite TSC obtaining an $8 million bond to pay for repairs and renovations. Both of which were damaged by a tornado in November 2013.

TSC Superintendent Scott Hanback said the corporation is still in negotiations with their insurance provider to decide if building renovations will be covered. He said taking out a loan to cover project costs allows students to return to Southwestern more quickly.

“By the council approving this resolution and removing it outside of the scope of a controlled project, allows us to move the project forward in a expedient manner,” Hanback said. “Which ultimately would allow our students and staff to return to Southwestern much sooner than anticipated.”

Hanback said the corporation should be able to pay the loan back within two years.

The bond now goes to the TSC School Board for approval.

Students are returning to Mintonye starting Wednesday. Southwestern students are not expected to return until sometime in 2015.

blog comments powered by Disqus