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Waunakee school board accepts $52 million bond anticipation note to fund referendum projects
Summary
The Waunakee Community School District board voted to accept the sale of a $52 million bond anticipation note, part of a previously approved $175 million referendum, with winning bid priced at 3.617%. The sale closes April 1 to preserve favorable borrowing options.
The Waunakee Community School District board voted to accept the sale of a $52,000,000 bond anticipation note that will fund work from the district's $175,000,000 referendum, administration said.
Administration told the board the winning bid, submitted by Wells Fargo, carried an interest rate of 3.617 percent after a public sale earlier the same day. District staff and financial advisors said the timing allows an April 1 closing so the board…
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