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Clinton County R-III board approves issuance and sale of General Obligation Bonds, Series 2026
Summary
The Clinton County R-III Board unanimously approved a resolution to issue and sell General Obligation Bonds, Series 2026, after a presentation on bond sale results by Piper Sandler and a construction update from Veregy.
The Board of Education of the Reorganized School District R-III of Clinton County on June 25 unanimously approved a resolution to issue and sell General Obligation Bonds, Series 2026, following a presentation from the district's financial adviser and a construction update.
Brent Blevins of Piper Sandler presented the bond sale results, reviewing the interest rate, estimated yield and the proposed financing structure. Christy, representing Veregy—the district's construction manager for bond projects—also briefed the board on completed work, current construction progress and upcoming project milestones.
Board members discussed financing and project timing before taking a vote. Cory Verdi moved to approve the bond resolution; Michael Burton seconded the motion. The motion passed on a 5-0 vote.
The record does not include numerical bond amounts or a closing date. The board's approval authorized the district to proceed with the issuance as presented; staff and advisers will complete the financing steps described at the meeting.
