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NICC Board approves issuing $9,990,000 in bonds

Posted: Wed, Feb 27, 2019 4:17 PM

The Northeast Iowa Community College Board of Trustees has approved a $9,999,000 issuance of General Obligation School Bonds to provide funding for the first phase of construction and renovation projects.
 
The school bonds were issued for the purposes approved by voters in a Sept. 11th special election for the continuation of a $39 million bond levy.
 
Bond levy funds will support renovations and updates throughout its 5,056-sq. mile district to address four major priorities: educational programming and services, which include creating flexible, updated and collaborative learning spaces; infrastructure, including renovations to the Peosta Campus Main Building and Max Clark Hall on the Calmar campus; security, including district-wide camera and door security systems to enhance safety; and technology priorities that include replacing network servers and enhancing cybersecurity systems.