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Indian Prairie board approves parameters resolution to issue bonds tied to 2024 referendum
Summary
The Indian Prairie School District 204 Board approved a parameters resolution authorizing a Series 2025 general obligation bond sale tied to the district's 2024 referendum; administrators said proceeds will fund building, safety and infrastructure work and a project dashboard will be posted for the community.
The Indian Prairie Community Unit School District 204 Board of Education on Monday approved a parameters resolution authorizing the issuance of general obligation school building bonds, Series 2025, not to exceed $156.5 million, to pay for capital projects approved by voters in the district's November referendum.
The measure passed by roll call after a presentation from district administration and the district's municipal advisor. Administration said proceeds will fund capital work planned for 2025'27, including comprehensive high school improvements, safety and security upgrades, and districtwide…
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