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Silver Creek board approves resolution to pursue refinancing of 2016 building-corporation bonds
Summary
The board approved a resolution authorizing steps to refinance the Building Corporation's 2016 property-tax refunding bonds; administration said refinancing could occur in March and may yield roughly $300,000+ in savings for West Clark taxpayers if other related boards also approve.
The Silver Creek School Corporation board voted to authorize a resolution that would allow staff and bond counsel to pursue refinancing the Building Corporation’s 2016 property-tax refunding bonds.
Dr. Balmer told the board that the bonds date from when the district was part of West Clark and that Silver Creek inherited responsibility…
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