Financing the Bond Issue
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This bond issue would be repaid over a 15-year term, and we do not expect a millage increase from Clinton taxpayers. This is possible through economic growth projections from Continental Tire manufacturing plant opening soon in Clinton and overall economic growth in our community. We plan to aggressively pay down this bond debt so we will be positioned for continued improvements if our enrollment continues to grow.
Continental Tire expected to employ 2,500 people over the next decade
Continental Tire plans its most technologically advanced plant in North America