Forum staff reports, Published May 25 2010
Lake Park-Audubon school bond vote todayLAKE PARK, Minn. – Lake Park-Audubon votes on a $21 million bond today that would fund a new high school, and new construction and some renovations at the district elementary.
District residents have shot down five previous school construction bonds since 2005.
Earlier this year, LP-A qualified for federal stimulus package money that would cover the bond interest on $19 million – a development district financial advisers say could save as much as $10 million.
The proposed bond would cost the owner of a $100,000 home $146 per year over 17 years. The owner of a $200,000 home would pay an extra $293 a year in school taxes.
Voting takes place from 7 a.m. to 8 p.m. at the high school in Lake Park, 429 Lake St., and the elementary school, 601 4th St. in Audubon.