Hendricks County Flyer, Avon, IN

Local News

January 25, 2010

Danville receives financing

DANVILLE — The Danville Community School Corporation recently learned that it would receive part of $67,126,271 in financing through the Indiana Bond Bank.

State Treasurer Richard Mourdock, chairman of the Indiana Bond Bank, announced that 28 school corporations would receive financing through the Qualified School Construction Bond (QSCB) Program with an interest rate of 1.52 percent to 1.77 percent for the life of the bonds.

“I am extremely pleased that the Indiana Bond Bank has provided financial assistance to these local school corporations,” Mourdock said in a press release. “The range on the interest rates of 1.52 percent to 1.77 percent is exceptional.”

The QSCB program was authorized by the 2009 American Recovery and Reinvestment Act and allowed the Indiana Bond Bank to issue tax credit bonds for Indiana school corporations or their respective building corporations. The money can be used to upgrade school facilities to include cooling systems, roof replacements, and environmental upgrades.

Danville will receive $1.763 million from the total amount and was the only school corporation in Hendricks County to receive funding.

Denny Leathers, business manager for Danville schools, said the money will enable the school to upgrade buildings and technology.

“We’re going to take care of a lot of technology projects that probably wouldn’t be in the budget right now,” he said. “The property tax levy was cut drastically in ‘09. This is going to enable us to do things such as put in modern classroom technology in the high school and elementaries, similar to what’s in the new middle school.”

Leathers said the school would also add security cameras and card readers at the entrances to schools that don’t already have the technology, and add wireless infrastructure in the Danville North and South elementary schools.

“It will enable us to add some energy savings add-on boilers that are more efficient in a couple of buildings,” he said. “This really comes at a good time for us.”

Text Only
Local News
  • Indy Jazz fest, benefit coming soon to Indy The Indy Jazz Fest will return Sept. 11-20 in downtown Indianapolis, along with the Jazz Fest Benefit on July 27.From 5 to 8 p.m. July 27, Jazz on Canvas – An Indy Jazz Fest Benefit will feature a collaboration among five of Indianapolis’ best painte

    July 28, 2014

  • 'Beauty and the Beast Junior' comes to Buck Creek Playhouse The Buck Creek Players will close their 40th anniversary season, “Fabulous at 40,” with the Playhouse Players Youth Production of Disney’s “Beauty and the Beast Junior.”The show opens Aug. 1 and continues for two weekends through Aug. 10. Curtain tim

    July 28, 2014

  • Internet Cat Video Festival begins Aug. 17 The Internet Cat Video Festival is a screening of some of the funniest cat videos the Internet has to offer. What’s better than watching silly cat videos alone? Enjoying the best clips on the big screen while laughing out loud with other cat lovers.C

    July 28, 2014

  • news bfe farms 1.jpg New swap meet/farmers’ market gets traction in North Salem

    NORTH SALEM – The BFE Trading Post just happens to be in Putnam County but the mailbox is in Hendricks County and has a North Salem address. It is also just around the corner from McCloud Nature Park and is hope to the bi-monthly BFE Farms Swap Meet & Farmers’ Market.

    July 27, 2014 6 Photos

  • Catch the Wave DANVILLE – The theme for this year’s Tiki-Time benefitting Sycamore Services was “Catch the Wave.” The event, which was in its 14th year, took place Saturday at the Hendricks County 4-H Fairgrounds and Conference Complex. Sycamore Services, Inc. is a

    July 26, 2014

  • news mud soap 1.jpg Good clean fun: Mud Soap Run held at Ellis Park

    July 26, 2014 8 Photos

  • S.R. 267 lane restrictions set to begin on Monday |Officials with the Indiana Department of Transportation (INDOT) have announced lane restrictions that will begin on or after Monday on State Road 267, just south of I-70. The contractor will restrict southbound S.R. 267 traffic to one 11-foot lane.

    July 26, 2014

  • Rising up to meet Putin's thuggery Any illusions I had about the progressive nature of the Vladimir Putin’s Russian regime quickly dissipated when I returned to my Moscow Grand Marriott room in August 2007. Upon opening the door, I was greeted with the spectacle of my papers and note

    July 26, 2014

  • HCF 7-26 spt indians pic-1 Indians cope with constant call-ups While Indianapolis pursues its third straight International League West Division title, as always, Indians Manager Dean Treanor is focused on the needs of the Tribe’s parent club in Pittsburgh. Indianapolis owned a 7 ½-game lead on June 2, a week bef

    July 26, 2014 2 Photos

  • HCF 7-26 spt ims pic-2 Exciting racing highlights Friday at IMS INDIANAPOLIS — Super Weekend fans at the Indianapolis Motor Speedway were treated to a unique brand of racing with six divisions of cars running in two races on Friday. IMS reconfigured this year’s road course for these races and featured an extra tu

    July 26, 2014 2 Photos

House Ads
Hendricks County Marquee
Email News Sign Up
Facebook
Twitter Updates
Follow us on twitter
Poll

Should the government continue to use military bases to house illegal immigrant children?

Yes
No
Undecided
     View Results
AP Video
Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Must Read