Devon Haynie | The Journal Gazette

The East Allen County Schools Board approved a $11.9 million bond issue Tuesday for a new Heritage campus for kindergarten through 12th grade.

During a public hearing before the vote, school board members heard from an architect and district official who discussed the scope of the project and its effect on taxpayers.

The cost for the project will be paid off in less than 20 years with annual payments ranging from $525,000 to $1,450,000, according to district business manager Kirby Stahly.

The owner of a $100,000 home can expect to pay an increase of $8.84 a year if the project goes forward, Stahly said. That same homeowner could expect to pay $16.70 more annually if both the Woodlan K-12 campus and the Heritage project are approved.

This fall, the board approved a $10.8 million bond issue for a Woodlan campus for kindergarten through 12th grade, though that project will soon be challenged through a remonstrance process.

After the district advertises the Heritage project in newspapers, the public will have 30 days to circulate a petition with 100 signatures to challenge the project.

If the project is successfully challenged, another petition drive will begin to determine which side can collect the most signatures.

Even if the Heritage proposal is defeated, board President Neil Reynolds has said the district will use money from its capital projects fund to move forward with the project. He has made the same vow in regard to the Woodlan project.

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POSTED: 11/30/11 at 7:23 am. FILED UNDER: News