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Farmington board approves $40.39M refunding bonds; sale awarded to Jefferies
Summary
The board adopted a resolution authorizing issuance and sale of general obligation school building refunding bonds series 2025A; staff reported a sale-sized issuance of roughly $40.325M with projected debt-service savings around $845,000, and the board awarded the sale and approved the resolution by roll-call vote.
The Farmington School Board voted to adopt a resolution authorizing the issuance and sale of general obligation school building refunding bonds (Series 2025A), and awarded the bond sale to Jefferies of New York.
Director Houska introduced Jeff Seeley from Ehlers, who said the district sought bids that morning to…
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