HANCOCK – Hancock Public Schools has announced an upcoming Town Hall meeting to discuss details of a bond proposal dedicated to updating the district’s school buildings. The bond proposal will appear on the November 4 ballot.
Superintendent Chris Salani said that while the proposal is worded as a referendum, in essence it is a renewal. “It’s a renewal on debts that we’ve been carrying from our previous bonds,” he said. “This stems back from the two bonds that we had from the high school and the middle school, back in 1999 and again in 2000, respectively, when those bonds came out.”
Those were refinanced, twice, Salani said, now with the levy where it is, the school district has the capacity to extend the life of the current debt for an additional 15 years.
The proposed referendum would