MATTOON (JG-TC) — The Lake Land College Board of Trustees today will take a vote to release a $5.35 million bond to pay off a note incurred while renovating the main campus’s Webb Hall.
The board is scheduled to meet at 6:30 p.m. today at the Workforce Development Center, 305 Richmond Ave., Mattoon.
During the Dec. 10 meeting, the board hosted a public hearing, a necessary measure to release the bonds, and no one made a statement.
Renovations on the building took place over the summer.
Also during tonight’s meeting, the board plans to vote to renew the treasurer’s bond, which will increase by about $379 because of a rate hike, according to a memo from the consultant. Other agenda items include a closed session to discuss the release of closed session minutes, and votes on the 2013 board schedule and the faculty seniority listing.