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Beatrice board approves $1.73 million payment on 2010 school construction refunding bond
Summary
The Beatrice Board of Education voted 6–0 to authorize a $1,729,050 payment on a tax general obligation refunding bond series 2010B tied to Quality School Construction funding awarded in 2010, a payment the superintendent said had been anticipated and budgeted for.
The Beatrice Board of Education on Nov. 10 approved a $1,729,050 payment for the district's tax general obligation refunding bond series 2010B.
During the action portion of the meeting, a board member moved to authorize the payment and the motion was seconded. Superintendent Alexander explained the payment covers a bullet payment…
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