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Final school building bond package sold

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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.

 

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