The CVTC board of directors is a step closer to a multi-million dollar referendum plan.
Thursday night the board passed a resolution with intent to issue $48.8 million in bonds. Those bonds would fund projects to address workforce needs in the region.
If this referendum passes CVTC officials say the typical homeowner could see about a $20 tax increase per year in the 11-county CVTC district.
As we've reported, CVTC is proposing a variety of projects and improvements to modernize and expand its college. A survey found the public most supported $7-million dollars in updates to labs and classrooms with a focus on regional workforce needs.
The next phase is a public hearing on December 19.