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Blue Valley board approves bond sale to issue remaining 2023 authorization and explores refunding older bonds
Summary
The Blue Valley Board unanimously approved a resolution authorizing sale of remaining bonds from the 2023 referendum (about $101.25 million) and authorized staff to pursue refunding of callable 2015 bonds if market conditions produce net savings.
The Blue Valley Board of Education voted unanimously on Oct. 13 to approve a sale resolution authorizing the public sale of general obligation bonds to issue remaining proceeds from the 2023 bond referendum and to permit refunding of callable 2015 bonds if market conditions generate savings.
CFO Jeremy McFadden introduced the action item and Shelby Exposito of Gilmore & Bell described the process: the resolution authorizes selling up…
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