STEM Group Takes State Route on Bond Issue

WINNSBORO – Midland’s STEM Charter School (MSCS), which met with some uncertainty from County Council’s Presentation Committee last month, officially withdrew its request Monday for Council’s assistance in acquiring a bond to help kick-start the school.

Interim County Administrator Milton Pope told the full Council Monday night that Steve Cox, attorney for MSCS, had informed him that MSCS would instead “move forward with a state-level hearing” in order to obtain a bond for renovations and construction of the proposed school.

Late last month, Cox told the Presentation Committee that the County’s approval, in the form of a resolution, for the $39,261,000 bond would be nothing more than a technicality, required by the Internal Revenue Service for the school to meet its tax-exempt status. There would have been no risk to the County and the County would not be liable should the school default, County attorney John James told the committee in February.

MSCS had been slated for a second meeting with the committee Monday night just 30 minutes prior to the meeting of the full Council. That meeting was scrubbed, however, after Pope received notice from Cox that the school had indeed opted to take their case to the state.

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