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Board authorizes parameters for up to $6.94 million in school capital notes
Summary
The Burlington Comm School District board approved parameters to issue about $6,940,000 in general-obligation school capital loan notes and delegated authority to complete the sale after staff review of market rates and timing.
The Burlington Community School District Board of Directors voted Tuesday to authorize parameters for the sale of approximately $6,940,000 in general‑obligation school capital loan notes and delegated authority to proceed with the sale once final terms are confirmed.
Tim Oswald of Piper Sandler and Company briefed the board on market conditions and said prior…
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