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Board approves resolution to issue about $44 million in debt certificates for new elementary school
Summary
The board approved a resolution to move forward with issuing approximately $44 million in debt certificates to build and equip a new elementary school; discussion addressed what the authorization covers and what it excludes.
The Dunlap School Board voted to approve a resolution authorizing the issuance of approximately $44 million in debt certificates to build and equip a new elementary school and to renovate and improve school facilities and sites. During discussion, board members and staff clarified the $44 million figure reflected the option selected for a new school sized for roughly 700'750 students and associated site work; staff said the current cost estimate provided by consultants Mark Bibi, Kirk Anderson and PJ Hair was about $43.5 million, and the board rounded the authorization to…
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