Final school building bond package sold
The school district’s final bond package was sold Monday, Dec. 17, at a lower interest rate than expected, which will mean savings for the district in the long term.
The bond was sold at a 2.8258 percent interest rate, the lowest bid received. The highest bid came in at 3.0093 percent.
Overall, low interest rates from each of the three bond sales saved the district nearly $5 million from projected rates.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.