Voters approve Bonneville School District bonds
Voters have approved bonds to build a new high school, auditorium and football stadium in the Bonneville School District.
Excitement and tears of joy erupted from the district offices when the final election results were announced of the passage.
The bonds were split in two different issues on the ballot.
The $55.3 million bond to build a new high school passed with a 73 percent vote. The $8.2 million bond to add a performing arts center and football stadium narrowly passed with 67.5% vote.
Both bonds needed a majority of 66.7% to pass.
This was the fourth time the school district has tried to pass a bond for a new high school.
According to the school district the bond isestimated to cost property owners an additional $1.75 per month per $100,000 of taxable property value. The bond will be repaid over 17.5 years at an estimated annual interest rate of 3.35%.