How to Pay for Improvements at BHC
Funding for renovating both campuses will be considered Thursday night by trustees of Black Hawk College.
The vice president for finance and administration, Steve Frommelt, is recommending the college borrow 32 million dollars for a variety of building and infrastructure improvements.
Frommelt says bonds would probably be sold in December, for eight years, with an interest rate of 2.5 per cent. And the bond issue would not add to the college's current tax levy.
Work on the some of the projects could start immediately, but others may not get underway until next year or 2018.