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West Bend board approves parameters to sell up to $80 million in promissory notes for referendum projects
Summary
The board unanimously approved a resolution authorizing district staff and financial partners to proceed with parameters for a sale of up to $80,000,000 in general obligation promissory notes as part of implementing a voter-approved referendum; the board heard that sale is expected in early April, with a second issuance planned for spring 2026.
The West Bend Joint School District No. 1 board unanimously approved a resolution establishing parameters for the sale of up to $80,000,000 in general obligation promissory notes, a procedural step in implementing the district's voter-approved referendum.
Assistant Superintendent Lenny Hansen explained the resolution is a standard procedural authorization that sets upper limits the district must stay within when it goes to market to sell bonds tied to the referendum. "Today's action item is the next procedural step in that process as the district is…
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