Ivy Classical Academy is one step closer to getting a $45 million bond after a meeting of the Elmore County Commission Monday.

The commission approved the bonds under the Tax Equity and Fiscal Responsibility Act and the repayment of the bonds will not happen with taxpayer money.

Cliff Williams is a staff writer for Tallapoosa Publishers, Inc. He may be reached via email at cliff.williams@alexcityoutlook.com.