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Radnor board approves parameters for up to $12M bond to advance new Ithan Elementary School
Summary
The Radnor Township School District board on Oct. 28 approved a parameters resolution authorizing up to $12,000,000 in borrowing to finance the new Ithan Elementary School, with underwriters and bank-qualified status identified; the measure passed by roll call, 9–0.
The Radnor Township School District board on Oct. 28 approved a parameters resolution allowing the administration and financial advisor to proceed with a third borrowing for the new Ithan Elementary School project, described as not to exceed $12,000,000. The resolution authorizes staff to work with PFM Financial Advisors, Stifel (lead underwriter) and RBC (second underwriter) to sell…
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