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Greencastle-Antrim board authorizes general obligation bonds to fund field house, science wing and renovations
Summary
The Greencastle-Antrim School District Board of School Directors voted unanimously Sept. 18 to adopt a resolution authorizing the issuance of general obligation bonds to finance multiple capital projects, with pricing scheduled for Sept. 23 and the district noting a recent bond-rating upgrade that could lower borrowing costs.
The Greencastle-Antrim School District Board of School Directors voted unanimously Sept. 18 to adopt a resolution authorizing the maximum amount of general obligation bonds to finance several capital projects, including a new field house, a science wing, classroom renovations and other facility work.
Chief Financial Officer recommended the board adopt the resolution and introduced John Cox of Beckert Stevens, bond counsel, who addressed the board and answered technical questions. "The resolution for the board this evening has been advertised in the Record Herald," Cox said, and outlined…
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