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Commissioners approve lease-revenue financing for Western Heights school repairs
Summary
The Oklahoma County Board of Commissioners approved a lease-revenue bond application from the Western Heights Public School District to fund renovations and safety upgrades at three aging campuses; county counsel for the finance authority and district officials outlined the project and financing team.
The Oklahoma County Board of Commissioners on May 20 approved a lease‑revenue bond financing application submitted by the Western Heights Public School District to fund renovations and safety upgrades at three of the district’s campuses.
The application was presented to the board after unanimous approval by the trustees of the Oklahoma County Finance Authority. Kelly Work, counsel to the authority, told commissioners the trust acts as a conduit for economic‑development financing and that projects eligible include educational facilities. "The Oklahoma County Finance Authority is a public trust that has…
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