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CUSD 200 board approves parameters for up to $75 million in bonds for middle-school projects
Summary
The CUSD 200 Board of Education adopted a parameters resolution authorizing issuance of up to $75 million in general-obligation bonds to finance middle-school projects approved by the Nov. 5, 2024 referendum; board heard a municipal-advisor briefing on timing, debt-service estimates and taxpayer impact before a roll-call vote.
The CUSD 200 Board of Education on Tuesday adopted a parameters resolution authorizing the sale of not-to-exceed $75,000,000 in general-obligation school bonds to fund middle-school projects approved by the Nov. 5, 2024 referendum. The board voted by roll call to approve the resolution after staff and the district’s municipal adviser reviewed the timing and projected debt-service impacts.
Jennifer Currier of PMA, the district’s municipal adviser, told the board the first $75 million series issued in March…
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