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Board told final borrowing for Keith Valley will be brought to Feb. 24 meeting; advisors outline $20.5M target and timeline
Summary
Financial advisors presented a plan for the final bond issuance to complete Keith Valley financing, targeting a roughly $20.5 million project fund with a maximum parameters resolution of $23.5 million and a mid‑April closing window.
Mr. Stone, who led the finance committee segment, told the board on Feb. 10 that the board will consider a bond parameters resolution at its Feb. 24 legislative meeting to authorize the district’s final borrowing for the Keith Valley project.
Representatives from financial advisor PFM, Scott Shearer and Garrett Moore, described the borrowing as the fifth and final…
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