The Mitchell School Board voted to work with the Edward Jones company on capital outlay financing for a new fine arts center. The estimated 13.5 million dollar center would cost 18.27 million dollars based on interest rates from July. Edward Jones was one of three companies to submit proposals for financing, along with Dougherty and Company and D.A. Davidson Company. A representative from the Edward Jones St. Louis office was on hand to answer questions from the board members at yesterday’s meeting.
It was also revealed that the Mitchell Senior High show choir parents’ booster group pledged 25,000 dollars as a contribution to the fine arts center. Mitchell Superintendent Joe Graves says the district is actively seeking other contributions to the center as well.