Grayson school board approves bond refinancing

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By Rebecca Morris

In a move expected to save more than $100,000, the Grayson County Schools district plans to refinance some nearly-decade old bonds.
During their May 11 meeting, members of the school board signed off on refinancing the bonds, issued in 2008 for heating and cooling projects.
Erin Embry, the district’s finance officer, said the move could potentially save the district $10,000 to $13,000 annually over the remaining 11 years of the bond term.
The board also approved several maintenance projects that will be done over the summer break, including Scotty’s Contracting resurfacing the student parking lot at Grayson County High School at a cost of $46,881 and doing about $79,000 worth of work at the tennis courts, including resurfacing and re-marking. The tennis courts also will see new poles and nets.
R.L. Smith Co. was hired for $22,400 to paint the high school gym ceiling and duct work.
Also during the meeting, which was held at Caneyville Elementary School, several students were recognized for achievement, including members of the Academic Team.
Monica Heavrin, the district’s special education director, honored the county’s firefighters for collecting donations during the annual WHAS Crusade for Children. She said over the years Grayson County has received more than $900,000 from the Crusade, allowing the district to buy needed equipment for students with special needs.