MARTINSVILLE (KTRE) - The Martinsville Independent School District asked voters to approve a 3-million dollar school bond on Tuesday and they did.
The school bond passed with 98 votes for and 54 votes against the proposal. The bond will retire the current debt of just over a million dollars, build a new elementary school and the balance will be financed through a very attractive federal program. "What we did, we qualified through TEA for some Q-SCAP money, which is construction money that they did that they did. It is low to zero percent interest," said Martinsville ISD Superintendent Grey Burton.
A wooden building dating back to the 1930ies will be torn down to make room for the improvements.