News Column

BRIEF: Mitchell School Board to review financing proposals for fine arts center

August 11, 2014

By Chris Mueller, The Daily Republic, Mitchell, S.D.

Aug. 11--The Mitchell Board of Education will consider approving one of three financial proposals for the district's proposed new fine arts center at its meeting at 5 p.m. tonight in the commons area at L.B. Williams Elementary.

The district received three proposals for the financing of the proposed facility, projected to cost as much as $13.5 million and have about 1,200 seats, and extra space for choir, band and drama students.

Mitchell Superintendent Joe Graves will recommend the board accept a proposal from Edward Jones, a financial services firm, which submitted a financing proposal totaling $18,268,889. That's lower than the two other proposals of $18,457,341 from D.A. Davidson Company and $18,501,762 from Doughtery & Company.

A representative from Edward Jones will attend the meeting and answer questions.

Other business

In other business, board members plan to:

--Consider accepting the resignation of Rick Johnson, a board member who suffered a stroke last year.

--Hear reports from board members and Superintendent Joe Graves.

--Hear public commentary.

--Conduct a building tour of L.B. Williams Elementary.


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Source: Daily Republic (Mitchell, SD)

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