Linn-Mar pushes back possible bond referendum to September

MARION - Linn-Mar administrators have stopped thinking about June and started thinking about September for a possible bond referendum to pay for construction related to the district's recently approved grade restructuring plan.

Linn-Mar Superintendent Quintin Shepherd made that announcement at this week's school board meeting, and board members present concurred.

A committee has been formed and is to begin visiting district buildings to discuss and prioritize needed renovations. That committee eventually will recommend a dollar amount for the referendum.

Also at this week's meeting, the Linn-Mar board set a date of Feb. 6 for the resale of about $16 million in general obligation bonds. The bonds originally were sold in 2007.

The district expects to save about $1 million in interest costs with the refinancing.