ENGLEWOOD — A 1.43-mill bond issue for the improvement and expansion of the Miami Valley Career Technology Center has passed narrowly by a vote of 53-47 percent.
MVCTC Superintendent Dr. Nick Weldy called Tuesday night’s vote a historic moment for the center.
“The voters made an investment in not only the future of all of our students, but also in our region’s economy,” Weldy said.
The funds generated by the 30-year bond issue will be used to address infrastructure issues, expand the center’s facilities and upgrade its technology. The state is funding 47 percent of the project.
In May, the same bond issue was rejected 52-48 percent by voters in Miami, Montgomery, Darke, Preble, and Warren counties.
“On behalf of the Board of Education and staff of MVCTC, I want to thank the voters for their support and continued faith in the MVCTC/JVS to provide the skilled workforce needed to grow the Miami Valley region,” Weldy said.
The bond issue will cost the owner of a $100,000 home about $4.17 per month, which would drop to about $3.18 per month after 10 years.
Weldy said the new funds will also allow the center to better meet high demand from area business owners for skilled workers by adding more instructional space and new equipment.
MVCTC serves more than 3,000 high school students and more than 5,000 adults in five counties, covering about 4,000 square miles.
This school year, the center is serving 663 students from Bethel, Milton-Union, Tipp City and Miami East, either at the main campus or at satellite campuses. That number is up by 222 students from last school year, according to Weldy, and continues to grow.
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