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Palmyra Area School District approves up to $31 million in refunding notes
Summary
The Palmyra Area School District board voted to authorize General Obligation Notes, Series 2025, in a maximum amount of $31,000,000 to be used for a refunding plan and issuance costs.
The Palmyra Area School District Board of Directors voted to approve a borrowing resolution authorizing the issuance of General Obligation Notes, Series 2025, in a maximum aggregate principal amount of $31,000,000 to be applied to a refunding plan and payment of related costs of issuance.
Board member Scott Jones moved the resolution; Mr. Lottermil seconded. The board conducted a roll-call vote. Board members…
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