North Gibson School Corporation

The North Gibson School Corporation determined to issue general obligation bonds not exceeding $3,500,000 for the 2025-2027 Campus-Wide Facility Improvement and Equipping Project. The bonds will mature no later than January 15, 2036, with interest rates not exceeding 6.00%.

The meeting included discussions and actions on various topics, such as lunch prices for the upcoming school year, curricular materials and Chromebook damage fees, an out-of-state field trip request, renewal of a speech contract, and property, casualty, auto, and liability insurance renewal. The board also reviewed and approved updates to board policies and discussed transfer amounts. Reports were presented by the Assistant Superintendent and Facilities Director.

The board meeting addressed several key areas, including administrative contract renewals, a presentation by Black Pixel, and the Community Eligibility Program. The board discussed and approved the discontinuation of the Community Eligibility Program for middle and high school students due to financial concerns. Permission was granted to employ teachers prior to official board approval in July and August. Textbook adoptions for PCHS were approved, and a fund transfer resolution was passed. The board also approved a resolution preliminarily approving an amendment to a lease and related matters for the 2025-2027 project. Additionally, the first reading of new and updated board policies was approved. The Princeton Community High School Band was recognized for receiving the Indiana State School Music Association All-Music Award.

The board held a work session that included discussion and action on project development for the 2025-2027 Campus Wide Facility Improvement Project, focusing on moving forward with architecture design for a Student Activities Center attached to the current PCHS Building. The board also considered adding solar energy atop the administrative training center to help offset operational costs.

The special session included a public hearing concerning a possible campus-wide improvement and equipping project for 2025-2027. The project, resulting from over 10 years of planning, aims to address safety, facilities, and infrastructure needs. Key elements involve upgrades to safety features, facility improvements, new construction, enhancements to athletics and arts spaces, and technology and HVAC updates. The financial framework, presented by Baker Tilly, outlined the bond structure, tax impacts, and repayment considerations, with a maximum bond amount of $40 million. The public hearing allowed for community feedback on the proposed projects.