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San Angelo ISD bond sale nets $384M for 2025 projects; oversight committee and architect contracts set
Summary
San Angelo ISD confirmed Aug. 4 that its 2025 bond sale yielded roughly $384–385 million in proceeds and moved to implement governance and procurement steps, including a citizens bond oversight committee, selection of KFW Architects and a CMAR scoring rubric for contractor selection.
San Angelo ISD officials updated the board on the sale of the district’s 2025 bonds and related bond program governance and professional services on Aug. 4. Finance staff reported the sale generated roughly $384–385 million in proceeds while the full $397 million of authorized debt was sold with investor premiums; the bonds closed at a true interest cost near 4.8 percent, below the board’s…
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