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<strong>OP</strong>Prairie.com news<br />
the orland park prairie | April 25, 2019 | 9<br />
Orland School D135 Board of Education<br />
Bryk explains proposed<br />
$10 million in bond issues<br />
Bill Jones, Editor<br />
Orland School District<br />
135 is gearing up to issue<br />
a combined total of $10<br />
million in bonds.<br />
The Board of Education<br />
voted 6-0 twice on April<br />
8 for one resolution authorizing<br />
the intent to issue<br />
$6.8 million in bonds<br />
for the purpose of paying<br />
claims against Orland<br />
School District 135 and a<br />
separate resolution declaring<br />
an intent to issue $3.2<br />
million in working cash<br />
fund bonds. Board Member<br />
Angie Sexton was absent.<br />
According to John<br />
Bryk, an assistant superintendent<br />
who is overseeing<br />
the duties of superintendent<br />
as DJ Skogsberg<br />
is on leave, D135 intends<br />
to use the funds from the<br />
working cash bond issue<br />
to complete capital projects<br />
that include Liberty,<br />
Century, Park and Prairie<br />
schools roof projects, as<br />
well as the replacement of<br />
HVAC rooftop units and<br />
two school playground<br />
sets.<br />
The payback on the<br />
bonds is to occur over<br />
the next six years, with<br />
an estimated total interest<br />
cost “conservatively estimated”<br />
at $300,000 Bryk<br />
said.<br />
The $6.8 million bond<br />
issue is a refunding to<br />
cover the claim of Series<br />
2012 Debt Certificates.<br />
“Nothing else is included<br />
in the funding bond<br />
other than the refunding<br />
of the debt certificates,”<br />
Bryk wrote in an email to<br />
The Orland Park Prairie.<br />
The payback time of six<br />
years matches the existing<br />
debt certificates, and<br />
the estimated interest cost<br />
on the refunding bonds is<br />
$615,000.<br />
Both are to be paid with<br />
a level debt service.<br />
“The proposed bond<br />
resolution will assist the<br />
district in continuing to<br />
maintain high-quality<br />
programming and meeting<br />
unfunded State mandates,”<br />
Bryk said. “This<br />
will also help the District<br />
stay ahead of any potential<br />
State and local funding<br />
issues.”<br />
The School Board is ex-<br />
Please see d135, 12<br />
May 1 deadline to add names to Orland<br />
Park veterans wall before Memorial Day<br />
Submitted by Village of<br />
Orland Park<br />
The Village of Orland<br />
Park holds ceremonies<br />
each Memorial Day and<br />
Veterans Day, inviting area<br />
families to add their veterans’<br />
names to the Village’s<br />
granite walls bordering the<br />
Village’s Veterans Memorial,<br />
Ara Pace - Place of<br />
Peace.<br />
The last day to add a<br />
veteran’s name to Orland<br />
Park’s granite memorial<br />
for this year’s Memorial<br />
Day Ceremony is Wednesday,<br />
May 1. The cost to<br />
add a name is $250, which<br />
covers the cost of engraving<br />
and maintenance of<br />
the memorial. Veterans<br />
may be living or deceased,<br />
and do not have to live in<br />
Orland Park.<br />
The Village’s Memorial<br />
Day Ceremony is to<br />
be held at 1 p.m. Memorial<br />
Day, May 27, at the Orland<br />
Park Village Center, 14700<br />
S. Ravinia Ave. The public<br />
is invited, and attendees<br />
are invited to bring lawn<br />
chairs.<br />
Information about the<br />
Orland Park Veterans<br />
Commission and access<br />
to an online listing of veterans’<br />
names on the Village’s<br />
memorial can be<br />
found at orlandpark.org/<br />
services/veterans.<br />
Orland Park’s memorial<br />
is located south of the<br />
Village Hall at 14700 S.<br />
Ravinia Ave. The Memorial<br />
Day Ceremony is to<br />
begin at 1 p.m., followed<br />
by refreshments being<br />
served inside of the adjacent<br />
Orland Park Civic<br />
Center. Attendees are encouraged<br />
to bring lawn<br />
chairs.<br />
Forms to add veterans’<br />
names can be found at orlandpark.org.<br />
They also<br />
are available at the Village<br />
Hall, 14700 S. Ravinia<br />
Ave.<br />
For more information,<br />
call (708) 403-6115.<br />
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