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Board authorizes up to $100 million in WC‑1 general obligation bonds to fund Loder rebuild
Summary
Trustees authorized Board Resolution 25‑041 to issue up to $100 million in WC‑1 general obligation limited tax school improvement bonds (series 2026B) to fund the rebuild of Loder Elementary and potential modernization of Palmer; revenue to pay debt service is WC‑1 sales tax.
The Washoe County School District board on Dec. 9 adopted Resolution 25‑041 to authorize issuance of up to $100,000,000 in general obligation limited tax school improvement bonds, additionally secured by pledged revenue (series 2026B).
CFO Mark Mathers told trustees the bonds will primarily fund the rebuild of Loder…
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