Wasatch County School District Board of Education is holding a public hearing Thursday regarding their proposed $150 million school bond
The school board meets Thursday at 6:30 in the District offices located at 101 East 200 North in Heber.
The public notice for the meetings says the purpose of the hearing is to receive input from the public with respect to the issuance of the bond and any potential economic impact that the improvements, facilities or properties financed in whole or in part with the proceeds of the bonds may have on the private sector.
As we’ve reported Wasatch County residents will vote this November on whether to pass the $150 million bond. If passed the bond would be used to create a new high school and replace the current Midway Elementary School.
The proposed site for the new high school is on the west side of Heber. Located across the street from Wasatch County’s Southfield Park, on the other side of Midway Lane. The 50-acre parcel is under contract for around six million dollars.
The school district reports the bond will cost $47 annually per every $100,000 of property value for primary homeowners, and $85 annually per every $100,000 of property value for businesses and secondary homeowners. Although that cost could decrease as population increases.