Finance advisor: parameters resolution will complete borrowing for referendum projects; $37.155M draft cited
Barrett representative Mike Clark told the board a parameters resolution to complete borrowing for petition-authorized referendum projects will be presented on April 27; a draft borrowing amount of $37,155,000 was discussed and Clark said markets are choppy but the district is in good shape to lock financing soon.
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Mike Clark of Barrett presented the parameters resolution and financing plan the Racine Unified School Board will consider for referendum-authorized projects, telling the April 13 work session that the resolution will complete borrowing for projects that have already gone through the petition process.
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