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Stratham board approves 20-year bond for school project; roofing work slated for summer
Summary
The Stratham School District board voted 3-0 to accept a 20‑year bond timetable for its school construction project and signed loan documents; administrators said roofing work could begin this summer and boiler replacement planning will continue for next year.
The Stratham School District school board voted 3-0 to accept a 20‑year bond term for the district’s recently approved building project and began signing loan documents at the meeting.
Administrators presented three loan-duration options (20, 25 and 29 years) and distributed the matching loan agreements and certificates of vote. The board voted to adopt the 20‑year option after staff presented estimated tax impacts and schedules. District staff and a local tax calculator…
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