Watauga County May Borrow $70 million for New High School
The resolution notes the county doesn’t expect property tax increases to repay the loan, since it is selling the current high school property. The construction price for facilities is set at a guaranteed maximum of $47.2 million, with another $11.2 million committed in land purchases, site testing, studies and design work. A public hearing on the proposal is scheduled for the next regular meeting at 6 p.m. on Feb. 19.
Click here for the Mountain times article
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