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L'Anse Creuse outlines $110 million bond timeline and priority projects; buses and band trailers included
Summary
Board received a bond implementation update outlining a first series of roughly $110 million, an S&P rating call and a Jan. 22 pricing window; projects prioritized for early bids include elementary flooring, sidewalks, athletics fields, roofs, pool filtration and phased bus purchases (10 total).
L'Anse Creuse Public Schools on Dec. 16 received a detailed bond implementation update that set timelines and immediate priorities for work funded in the district’s bond.
Board members were told the bond will be issued in series, with a first series of approximately $110,000,000. Staff completed due diligence and said Standard & Poor’s would deliver a rating in January, with bond pricing tentatively scheduled for Jan. 22 and funds expected to close and be available in mid-February. “January is when we're actually gonna get our rating, and the POS is published. We are gonna have the bond…
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