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District Seeks $20M Phase 2 Borrowing for Fountain Hill; parameters resolution capped at $24M
Bethlehem Area School District Board (Combined Committee Meeting) · January 13, 2026
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Summary
PFM presented a roughly $20 million Phase 2 borrowing for the Fountain Hill project; a parameters resolution sized at $24 million will be brought to the full board for approval and pricing is expected in February with a mid‑March close.
The Bethlehem Area School District heard details Monday on Phase 2 of financing for the Fountain Hill project and the timeline to issue bonds.
Mr. Shear, a representative of PFM, told the combined committees the district is "looking at roughly a $20,000,000 financing for phase 2," and that bond counsel will prepare a parameters resolution…
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