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Fargo board approves $9.195 million bond sale resolution for building fund
Summary
The Fargo Board of Education unanimously approved a resolution authorizing issuance and sale of General Obligation Building Fund Bonds, Series 2025; Piper Sandler won the sale with a 4.06% true interest rate and the district issued $9,195,000 after premium adjustments.
At the meeting, finance staff presented revised bond-sale results for the district’s General Obligation Building Fund Bonds, Series 2025. Jackie introduced a revised memo and explained that bids were received earlier the day of the meeting. The board heard a presentation from Anne Wolett of PFM, who said the district took bids on about $9.93 million in par…
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