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Board hears bond‑sale plan and rating advice as district seeks next $6M issuance
Summary
A finance adviser told the Silver Consolidated Schools board the district can proceed with a planned $6 million bond issuance (part of a $25M voter‑approved program), recommended a negotiated sale and suggested pursuing two credit ratings at an estimated combined cost of ~$60,000.
A finance adviser briefed the Silver Consolidated Schools board on Nov. 17 about the next steps in the district’s bond program, asking for direction to begin the formal bond‑issuance process and to prepare the legal resolution at the December meeting.
The adviser reviewed last year’s $25 million voter‑approved bond plan, noting $7 million of the program has been executed and that the board must now consider a planned $6 million issuance to…
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