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An almost $12 million bond issue was authorized by the East Allen County Schools Board on Tuesday to create a single-school campus at what is now Heritage Junior-Senior High School.
The school, located between Hoagland and Monroeville, would house students from kindergarten to 12th grade.
The plan is to pay off the bond issue in less than 20 years. It was announced that a typical owner of a $100,000 home would have a $8.84 property tax increase per year.
If Woodlan High School is converted to a kindergarten-through-12th grade campus, the property tax for a $100,000 homeowner would double to $16.70 more per year. The EACS board has approved the conversion of Woodlan, but that decision is being delayed by a remonstrance complaint by taxpayers in the school district.
The Heritage plan could also face remonstrance procedure and a petition drive.
However, school board president Neil Reynolds says EACS has enough money in its Capital Projects Fund (CPF) to finance the Heritage project. He added that if the CPF is used to do both projects, Woodlan would be done first and more money would be accumulated to do Heritage later.
At the board meeting, two people spoke about the proposed projects: one in favor and one against, according to a story in the Fort Wayne Journal Gazette.