School board opts to borrow
While the Unionville-Chadds Ford School District owes $100 million, school board directors voted Monday night to increase the debt by an additional $11 million. The board voted 9-0 to borrow the money to help fund elements of the proposed Long-Range Facilities Plan, which includes plans for a controversial double turf field. According to Ed Murray, of Boenning & Scattergood, the district’s underwriting firm, the new…
