The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-01-25
100000 Bond Issue. Proposed
4 TO Heat, Plumb, Ventilate
~ and Equip Building
LOWER INTEREST RATE =. =.
!. SAVES SCHOOL MONEY
Special Election Called for
Feb. 8 to Fill Vacancy on
Board Of Education

Voters of Independent School
District No. Z Of Bemidji are to cast
their. ballots Saturday %, Tor or
against a 100000. bond issue to de-
frav the cost Of completing the high
school now being constructed atgthe
head of Beltrami avenue. Inc poils
are to be opened at 4 o'clock p; n1''
and remain open until CLOCK p. m:
Voting will take place at the Central
school building. ~ ,,.;a.s..:5s>
The question to be voted .en is:
"Shall Independent School District
No. z Of Bemidji issue its negotiable
coupon bonds in the sum of $1O0,00O
to be in denominations of 81 200
each, to be dated as of the date OF
their issue, to mature. in Is years
from their date, to bear interest at
the rate of 5 " per cent per .annum,
interest payable semi-annually, Tor
the purpose of defraying the expenses
to be incurred in installing a heat
ing and ventilating and plumbing
plant in the new high school build
ing, in said district, and for equipplng
the same with apparatus and other
school furniture?" -. .. .,s;.<g
An election was previously called
on a similar bond issue at 6. per cent
interest, but the school board later
saw a saving of approximately $10,-
900 through a possible sale=of the
bonds ats5k per cent interest. Con
sequently the election scheduled for
January Is way called off and new
notices posted for an election this
Saturday..
Should the bond election fail to
carry, the school board has the right
to issue warrants, which would bear
interest and which would be far more
expensive to the Taxpayers than would
the issuing of bonds. Consequently
the board has decided in favor of the
school bond election. -.
With this appropriation the school
building will be finished as econom-
ically as possible, the board feels.
School moneys are being expended
economically by the board and the
endorsement of their action is to be
placed before the voters Of the dis.
triet next Saturday afternoon and
evening. .~
Work on the new building is being
rushed to completion and assurance
has been given that it will be ready
for occupancy at the opening of the
fall term of school, next September.
A high grade Of terra Gotta is being
used for exterior decorating and fin
fishing and the impression is. report.
ed to have been spread abroad by sew
eraf who have viewed the building
from a distance that marble is being
used. 1t is admitted that the terra
Gotta gives that appearance from
short distance, since choice grade
of terra Gotta is being used. =.
To Fill Vacancy ~. -.
Notices have been posted for q
special election to be held February
. to elect member to the school
board to fill the vacancy caused by
the resignation of Quincy Brooks.
The polls will be open from S to s
O'Clock p. m. =
At both Of these elections it is
urged that all voters make it a point
to get out and vote their choice. The
school board has always expressed
a desire to abide by the vote of the
people and these two occasions are no
exceptions to the rule. Both elections
Will be held at the Central school.