Hancock School Debt Set

The Hancock County Board of Education expects to sell $37 million of public school bonds that were approved by voters last November.

The bonds are scheduled for Feb. 24 and will mature from one to 25 years.

Ratings for the bonds were not available at press time.

As part of the referendum approved in November, the West Virginia School Building Authority will contribute $19 million toward a matching program, giving Hancock $56 million for construction projects.

According to the district, the bond-financed projects include a new elementary school that will consolidate three existing facilities.

Funds will also be spent on improvements at the school district’s six other facilities.

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