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Washoe County School District board authorizes start of process to issue up to $675 million in bonds for school capital projects
Summary
The board unanimously adopted two resolutions to begin the Debt Management Commission authorization process: Resolution 26‑001 to seek authority for up to $500 million in general‑obligation rollover bonds and Resolution 26‑002 to start authorization for up to $175 million in WC1 bonds.
The Washoe County School District Board of Trustees voted unanimously Wednesday to begin the formal process to issue two categories of general‑obligation bonds that district staff say will fund facility master plan projects.
Chief Financial Officer Mark Mathers presented Resolution 26‑001, asking the board to notify the oversight panel for school facilities and the Debt Management Commission of the district's proposal to issue general obligation rollover bonds in one or more series with an aggregate…
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