Salt Lake Telegram | 1933-10-25 | Page 11 | Building Program Expansion Okehed

BUILDING PROGRAM EXPANSION School Board Decides Upon More Improvements Authorization to add to the thecil cil city schools' schools building program program program pro pro- gram to be financed by a federal loan had been given Wednesday by the board of education The added funds will wiIl be used for roofing sidewalk and nd grounds improvements at 15 city schools inspected Tuesday by board members The board also accepted a bid of Walker Bank and Trust company to purchase a bock block of tax anticipation anticipation an an- notes for the notes to b bear 2 per cent interest Notes Nates will be dated November 1 and mature December 15 The money will be used to finance school operations ions un un- til uI gener general l taxes arc available Loans on tax notes are increased to with this issue it was stated by George King clerk of ot the board This compares with on an n estimate of 1 in loans Irons believed necessary earlier in the year The reduction on is attributed to prepayment of taxes Under under un Un- der the new discount law and decreased decreased de de- de creased operating expenses Last year ear schools borrowed on tax notes