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School board approves parameters for up to $79.8 million bond sale to fund elementary projects and air-conditioning
Summary
The Oshkosh Area School District board approved a parameters resolution allowing the district to issue up to $79,800,000 in general-obligation bonds to fund work at several elementary schools and air-conditioning at three buildings; the resolution passed on a roll-call vote.
The Oshkosh Area School District Board of Education on June 25 approved a parameters resolution authorizing the sale of general-obligation school building and facility improvement bonds not to exceed $79,800,000.
The board’s action allows district officials flexibility to time the bond sale to market conditions while keeping the total issuance within the approved limit. "What the parameters resolution is, is it doesn't change how we issue the bonds or sell the bonds,…
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