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Show Bond Payment Clears Iron County School District of All Indebtedness A check amounting to approximately $35,250 was signed Tuesday, Dec. 9, at the Iron County School Board office, representing the final payment on bonded indebtedness indebted-ness on the East Elementary School building. The payment wiped the school board's slate clean of intcbtcdness and makes this school district one of the few of its kind in the entire country to be completely debt free, according to Suixrintend- ent Ianthus Wright. On hand for the event was Leo Larson, chairman of the Iron County School Hoard, and How-ard How-ard Dalley, school board clerk, In recent years the school board has conducted the building build-ing program in the Iron County on a pay-as-you-go basis. As a result the many buildings and Improvements have been paid for in full at the time of completion. comple-tion. Among those on the pay-as-you-go plan were the North Elementary, Ele-mentary, the additional building and renovation of the Junior High School, work at Parowan and Escalante Valley. Also under the same situation will be the Cedar South Elementary, now under construction, and the new Tarowan Elementary, not yet under un-der construction, but for which plans are being prepared. Just over a year ago the bonded bond-ed Indebtedness of the High School in Cedar City was wiped off the slate. Since that construc tion the school board has bonded only for the erection of the East Elementary. Tuesday that lndebt-: edness was cleared "off the books." I Supt Wright In marking the milestone Indicated that the debt free sutuatlon may be short llv-j ed. Consideration is now being given by the school board, he Indicated, as to the feasibility of bonding for the purchase of land and the building of a new high! school plant. It is being advocated that the building of a high school can not wait until money for the building is available. Tha feeling, feel-ing, with some, is that wa should begin th unit immediately and have the advantage of this much needed facility now. If this policy Is followed it will probably be necessary for the school board to bond or a Ehort period of time, the superintendent superintend-ent pointed out. The fact, however, still remains re-mains that the school district Is in an excellent financial condition, condi-tion, completely clear of indebtedness indebt-edness with money already available avail-able for the Cedar South Elementary Ele-mentary and a new elementary school building in Parowan for which plans are developing rapidly. |