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Southgate board approves resolution to authorize sale of bonds totaling up to $28 million
Summary
The Southgate Community School District board voted to approve a resolution delegating and authorizing the sale of bonds that could raise up to $28 million in a multi‑year series, with an initial sale of $8 million planned.
The Southgate Community School District Board of Education voted May 13 to approve a resolution delegating the issuance and sale of bonds that could raise up to $28 million for facilities, security, HVAC and instructional technology projects.
Board members said the bond program will be sold in a series over multiple years, with an initial sale of $8 million followed by a $14 million sale covering years two and three, and a final $6 million…
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