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Tahlequah board schedules Oct. 7 meeting to sell first tranche of voter-approved bonds
Summary
After voters approved a two-proposition bond in September, the Tahlequah Public Schools board set a special meeting for Oct. 7 to sell an initial $1,105,000 in general obligation bonds and begin releasing bond proceeds for construction and renovation projects.
The Tahlequah Public Schools Board of Education on Sept. 18 set a special meeting for noon Oct. 7 to sell the district's first tranche of voter-approved bonds and begin releasing funds for capital projects.
The board approved a resolution at the meeting to determine maturities and set a date, time and place for the sale of $1,105,000 in general obligation combined-purpose bonds. Board members said the sale is the first step in a multistage process that will move bond proceeds into the district's accounts after required legal review.
Why it matters: the bond vote on Sept. 9 produced what board members described…
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