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12/05/2010

PINNACLE SCHOOL GETS FEDERAL STIMULUS BOND

According to Saturday, December 4th, 2010's Herald Times, Pinnacle School will be receiving $2.1 million to help fulfill it's campus master plan.  Bloomington City Council Members unanimously signed off on the bond for this project.  The Monroe County commissioners have also green-lighted the bond.  Even though the city and county signed off, the two governments' bond ratings are not affected and neither is on the hook if payments can't be made.  The local governments simply act as a pass-through for the money according to the article by Michael Malik 331-4370/mmalik@heraldt.com.