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Unit #10 approves project bond issuance

Thursday, June 19, 2025 at 12:50 PM

By Steve Anderson

The Red Hill Unit #10 Board of Education has officially moved to finance the multi-million-dollar South Gym renovation project.

They approved the issuance of $4 million in general obligation bonds for the purpose of completing the work. Superintendent Jakie Walker was pleased with the move with three local banks- Peoples State Bank-Newton, Citizens National Bank- Albion and Fairfield National Bank buying the bonds. The sale proceeds will be deposited into the district account at closing Tuesday, July 1st.

Walker added that the project is already underway. Crews have dug up the old water lines in the gymnasium and are also demolishing the old bathrooms to be completely replaced. Other work will be done to the locker rooms and the concession stand area in the future. 

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