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Board to travel to Chicago for bond rating presentation ahead of bond sale
Summary
Board president, superintendent and staff will travel to Chicago to meet analysts for a preliminary official statement and credit rating ahead of a planned bond sale; officials said the trip aims to secure favorable interest rates for taxpayers.
District officials told the board they will travel to Chicago later this month for a ratings presentation ahead of the planned sale of school bonds, a step they said is intended to secure favorable credit treatment and lower interest costs for taxpayers.
The board president and the superintendent will attend the meeting with bond counsel, the district’s investment advisors and the economic development director, Sarah Ross, to present…
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