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North Polk board approves paperwork for $7 million bond package, orders March vote to renew PPEL
Summary
The North Polk Community School District board approved the administrative steps to issue $7 million in general-obligation school bonds and voted to order a March 4, 2025 election on whether to continue the district's voter-approved physical plant and equipment levy at the current rate.
The North Polk Community School District board on Dec. 17 approved documents necessary to issue $7,000,000 in general-obligation school bonds and adopted a resolution ordering a March 4, 2025, election on whether to continue the district's voter-approved physical plant and equipment levy (PPEL) at the current level.
Superintendent Michael introduced the bond paperwork and said the package required several ministerial approvals before sale, including appointing a paying agent, filing a tax-exemption certificate and…
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