$53.1 Million Mps Plan Backed Interest-Free Bonds Would Pay for Several Projects

Summary


By LARRY SANDLER and ERIN RICHARDS

Milwaukee Public Schools could borrow up to $53.1 million interest-free to create new science and engineering laboratories, build a community learning center and repair aging schools, under a plan backed Wednesday by a Common Council committee.

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$53.1 Million Mps Plan Backed Interest-Free Bonds Would Pay for Several Projects

If the plan wins final approval from the full council, federal stimulus dollars would pay the interest on the bonds and property taxes would be used to repay the principal. The School Board has voted to seek up to $53.1 mill...

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