STOH Special Board Meeting September 22, 2026

The STOH School Board held a special meeting on September 22, 2026, primarily focused on the financing and approval of a school building project exceeding $1 million in cost. The meeting included a public hearing as required by Indiana Code, where the board discussed the issuance of bonds and lease agreements to fund the project. Legal counsel and financial advisors from Ice Miller presented details on the outstanding debt, proposed bond issuance of up to $6.8 million, estimated costs, and the anticipated tax impact on property taxpayers. The board passed several resolutions including the project resolution, preliminary determination resolution, and reimbursement resolution, all related to the bond financing and legal compliance for the project. No public comments were made during the hearing. The meeting concluded with scheduling the next regular meeting and adjourning.