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County staff outlines Wethers Creek High School lease-back plan; board to consider school bond issuances at regular meeting
Summary
Finance staff presented a resolution for limited obligation bonds tied to Wethers Creek High School and a separate resolution to authorize sale of up to $83,990,000 in general obligation school bonds; both items will be reviewed and acted on at the 6 p.m. regular meeting.
Caroline Taylor of the county finance department presented documents for two school-financing items: a resolution authorizing issuance of limited obligation bonds to finance public school improvements for Wethers Creek High School, and a separate resolution to provide for the sale and issuance of not-to-exceed $83,990,000 general obligation school bonds (Series 2025).
Taylor explained the county’s typical structure for such projects: the county takes…
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