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Board reviews Blue Valley Recreation Center refunding that could cut interest cost, yielding roughly $350,000 annual savings
Blue Valley Board of Education · February 10, 2026
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Summary
Staff outlined a proposed refunding of recreation-center certificates of participation totaling about $11.1 million, with new effective borrowing cost around 3.4% vs. 3.91% previously and estimated annual savings of roughly $350,000; trustees asked how savings would be used.
Board members received a presentation on refunding certificates of participation (COPs) for the Blue Valley Recreation Center that staff said could lower the district’s borrowing cost and reduce annual payments.
A presenter described a new COP issue of…
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