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Board approves parameters resolution to issue up to $125 million in general obligation bonds
Summary
Following a successful ballot measure, the Murray School District board approved a parameters resolution authorizing issuance of general obligation bonds up to $125,000,000 and delegated final sale terms to district officers.
The Murray School District Board of Education approved a parameters resolution authorizing the issuance and sale of general obligation bonds with a maximum aggregate principal amount of $125,000,000 to finance voter‑approved school projects.
Nut graf: The parameters resolution sets maximums — size, interest rate, maturity and discount — and delegates authority to district officers to set final terms when bonds are sold in the public…
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