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School board authorizes up to $37.5 million in GO bonds through SCAGO to cover bond payments

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Summary

Dorchester School District Two approved a resolution authorizing issuance and sale of up to $37.5 million in general obligation bonds through the SCAGO program to cover installment purchase revenue bond payments and capital projects.

The Dorchester School District Two board voted Aug. 11 to authorize a resolution to issue and sell up to $37,500,000 in general obligation bonds through the South Carolina Association of Governmental Organizations (SCAGO).

Tammy Mignet (staff) told the board the issuance will help…

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