School officials continue progress toward bonds

Cannelton board adopts appropriation resolution

CANNELTON - Cannelton's school board took the next steps at a regular meeting Nov. 13 toward issuing bonds to cover a $544,375 debt the corporation owes to Fifth Third Bank.

The board adopted a preliminary resolution outlining the financial move Oct. 17, school-corporation attorney John Hargis reminded the board. Notices announcing the public was invited to offer comments about it at the Nov. 13 meeting were published Oct. 25 and Nov. 1, he added.

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