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Board approves bond refinancing resolution, hears construction updates and appoints new building corporation member
Summary
The board approved a resolution directing the school building corporation to pursue bond refinancing (administration estimated roughly $500,000–$750,000 in proceeds), received construction updates including tennis court timing and a potential junior-high solar project, and authorized appointing Dave Beal to the building corporation.
The board approved a resolution (referred to in the packet as "Exhibit A") directing the school building corporation to pursue refinancing of district bonds.
Mr. Hoon told trustees that interest rates have declined since the district’s 2016 bonds and said refinancing "is going to be able to flush through somewhere between half a million, three quarters of a million dollars in…
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