The School Board has scheduled a special meeting Friday, March 25 at 1:30 pm in the school library. The purpose of the meeting is to adopt the Resolution to authorize the issuance of the Schools General Obligation Refunding Bonds and to have the Bond Purchase Agreement executed in order to lock in the interest rates. D.A. Davidson, the bond company handling the school bonds, was able to negotiate interest rates that generate present value savings of $40,655.70.
The school has five more years of bond payments on the 1997 bond issue.
