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Board hears report on $28 million voter-approved bond sale; closing set for Oct. 1

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

RBC Capital Markets reported the district’s sale of $28 million in voter-approved general obligation bonds, received 11 bids with UBS offering the low interest rate, and scheduled closing for Oct. 1.

The Rio Rancho Public Schools Board of Education received a report on Sept. 22 about the district’s Sept. 9 sale of voter-approved general obligation bonds totaling $28,000,000. Eric Harrigan of RBC Capital Markets told the board the district opened the sale to underwriters nationwide and received 11 bids;…

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