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Board approves final bond resolution to allow possible 2026 general-obligation bond sale
5900196 · October 7, 2025
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Summary
The board approved a final bond resolution to satisfy IRS and Indiana statutory requirements and to preserve the district's ability to issue general-obligation bonds for previously approved projects; the action does not obligate the district to sell bonds.
The Mount Vernon School Board voted 4-0 to approve a final bond resolution designed to satisfy IRS and Indiana statutory requirements and to preserve the district's option to sell general-obligation bonds for previously approved capital projects.
"This doesn't obligate us to do anything. It only permits us to do it,"…
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