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Board authorizes up to $100 million in school improvement bonds to rebuild Loder Elementary
Summary
Trustees adopted a resolution authorizing issuance of up to $100 million in general obligation limited‑tax bonds (WC‑1) to fund the rebuild of Loder Elementary and future modernization of Palmer Elementary, to be secured by WC‑1 sales tax revenues. Staff said the sale is planned for January to capture favorable market conditions.
The Washoe County School District board approved Resolution 25‑041 authorizing the issuance of up to $100 million in general obligation limited‑tax school improvement bonds, which staff said will finance the Loder Elementary rebuild and future Palmer Elementary modernization.
Controller Kyle Rodriguez and CFO Mark…
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