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West Chester board approves parameters resolution for $55.5 million bonds to fund elementary renovations
Summary
The West Chester Area School District board on March 24 approved a parameters resolution authorizing the financing team to proceed with a 2025 general obligation bond issue of $55,500,000 to fund the elementary school renovation plan and consider partial refunding of 2014 bonds. The vote passed by roll call.
The West Chester Area School District Board of Directors voted March 24 to approve a parameters resolution authorizing the district’s financing team to pursue a 2025 general obligation bond issue in the amount of $55,500,000. The resolution directs the financing team to begin work to fund the district’s elementary school renovation plan and to explore a potential partial refunding of a 2014 bond issue.
The district’s budget staff presented recent forecast updates to…
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