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Forest Grove SD 15 bond program on schedule; second bond sale planned for June
Summary
The district's bond oversight committee reported $143 million in resources, $102 million committed or expended, and plans for a second bond sale in June as the first sale's resources near exhaustion.
Forest Grove School District 15's bond oversight committee reported the district is on schedule financially and is planning a second bond sale in June as resources from the first sale near exhaustion.
At the committee meeting, staff reported total bond-related resources of about $143,000,000, including approximately $121,000,000 from the initial bond sale plus premium, a grant, and about $3.5 million in interest and rebates. Committee staff said roughly $102,000,000 has been expended…
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