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Chicago Board of Education holds public hearing on proposal to authorize up to $1.8 billion in bonds
Summary
The Chicago Board of Education held a Bond Issue Notification Act hearing Dec. 18 to receive public comment on authorizing up to $1.8 billion in general obligation alternate revenue source bonds to finance capital projects; the board was scheduled to vote later the same day.
The Chicago Board of Education held a public hearing Dec. 18 to solicit comments on a proposal to authorize the sale of general obligation alternate revenue source bonds in an amount not to exceed $1,800,000,000, President Sean B. Hardin said.
Assistant Board Secretary read the public notice, which said the hearing was published on Dec. 11 in the Chicago Sun-Times and posted on cpsboe.org and cps.edu. The notice said proceeds could be used for construction and acquisition of school and administrative buildings and equipment, site improvements and other real and…
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