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Oswego District 308 to hold town hall meeting to discuss proposed $317 million bond referendum · Kendall County News - Shaw Local

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  Speaker 1: Oswego District three hundred and eight to hold town hall
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  Speaker 1: meeting to discuss proposed three hundred seventeen million dollars bond referendum.
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  Speaker 1: Written by Eric Shelkopf. This article is being read by
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  Speaker 1: an automated voice brought to you by Everlett. Oswego School
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  Speaker 1: District three hundred and eight officials are looking for public
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  Speaker 1: feedback on a proposal to put a three hundred seventeen
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  Speaker 1: million dollars bond referendum on the November third general election
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  Speaker 1: ballot to address aging infrastructure needs throughout the district. A
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  Speaker 1: town hall meeting will be held from five thirty pm
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  Speaker 1: to seven thirty pm Tuesday at Boulder Hill Elementary School,
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  Speaker 1: one hundred and sixty three Boulder Hill Pass, Montgomery. The
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  Speaker 1: first town hall meeting was held May eighteenth at Thompson
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  Speaker 1: Junior High School in Oswego. Over seventy percent of our
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  Speaker 1: twenty two school buildings were constructed between two than one
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  Speaker 1: and two thousand and eight, the district said on its
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  Speaker 1: website on May eighth, That means critical systems like heating
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  Speaker 1: and cooling, roofing, plumbing, and electrical are all reaching the
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  Speaker 1: end of their useful life at the same time. These
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  Speaker 1: are not cosmetic issues. They affect the comfort, safety, and
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  Speaker 1: functionality of the spaces where your children learn every day.
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  Speaker 1: The school district serves portions of Kendall, Will and Kane Counties.
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  Speaker 1: The referendum would fund facility improvements at all of the
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  Speaker 1: district's schools. District officials said they have identified about three
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  Speaker 1: hundred and seventeen million dollars in facility needs over the
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  Speaker 1: next ten years across all the district's schools. Of that,
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  Speaker 1: seventy seven percent is tied to core infrastructure, and the
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  Speaker 1: remainder covers important safety and security improvements such as secure entry, vestibules,
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  Speaker 1: updated fire protection systems, intercoms, exterior lighting, and access controls.
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  Speaker 1: Officials said because the district is retiring existing long term
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  Speaker 1: debt at the same time, homeowners would see a decrease
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  Speaker 1: in the debt service portion of their property taxes even
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  Speaker 1: if the referendum is approved, Officials said, for a home
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  Speaker 1: with a fair market value of three hundred thousand dollars,
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  Speaker 1: they would play about one hundred dollars less per year
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  Speaker 1: starting in twenty twenty eight, and an additional fifty six
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  Speaker 1: dollars less beginning in twenty thirty six. Last December, District
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  Speaker 1: three hundred and eight board members approved a long range
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  Speaker 1: plan for the district, broken down into three phases, Facility
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  Speaker 1: condition Assessment, educational Alignment and long Range Facility Planning. District
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  Speaker 1: three hundred and eight officials said because of the population
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  Speaker 1: growth of the Oswego area in the early two thousands,
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  Speaker 1: many of the district's schools were built around the same
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  Speaker 1: time and need updates to h VAC units, roofs, and flooring.
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  Speaker 1: The They stressed, the district has not decided whether to
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  Speaker 1: place the referendum on the November and is focus right
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  Speaker 1: now on making sure the community is informed. Along with
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  Speaker 1: hearing from the community, no decision has yet been made.
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  Speaker 1: More information is available at SD three zero eight dot
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  Speaker 1: org slash update three zero eight. The school board is
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  Speaker 1: set to decide in August whether to put the referendum
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  Speaker 1: question on the November third ballot