DECATUR, Ga. — City Schools of Decatur has postponed a groundbreaking ceremony for a $23 million Early Childhood Learning Center on Electric Avenue as a judge considers whether to validate the bonds that would pay for the project.
The ceremony was expected to take place sometime this month. A school district spokesperson didn’t give an official reason for the delay.
“City Schools of Decatur will not hold a groundbreaking ceremony for the new ECLC this month,” the spokesperson said. “The ceremony has been postponed until a new date is finalized.”
DeKalb Superior Court Judge Courtney Johnson presided over two bond validation hearings in November about the $52 million the school district wants to borrow for building projects, including the learning center. Johnson was being asked to rule whether the bonds are properly structured and legal. This protects the bonds from future attacks against their legality. Members of the public can object and intervene to challenge the validity of the bonds. Bond validation makes bonds easier to sell and can potentially lower interest costs.
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