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Oshkosh School Board approves parameters for up to $79.8 million bond sale; consent agenda passes
Summary
The Oshkosh Board of Education on June 25 approved a parameters resolution permitting the sale of up to $79,800,000 in general obligation school building and facility improvement bonds and adopted the meeting consent agenda.
The Oshkosh Board of Education on June 25 approved a parameters resolution permitting the sale of up to $79,800,000 in general obligation school building and facility improvement bonds and approved the meeting consent agenda.
The parameters resolution allows district officers to complete a bond sale within the limits set by the board without requiring the board to convene again on the day of sale, giving the district flexibility to wait for favorable market conditions. "It just provides more flexibility," a district staff member presenting the item said during the meeting.
The bond proceeds were described as intended for projects…
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