District presents RPA refinance request; bond length noted as 10 years
District staff presented an RPA refinance request and indicated the proposed bond would have a 10-year length; the minutes list the item as approved by the RSD Board of Directors but do not state who presented or include financial terms.
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The Reynolds School District presented an RPA refinance request at the Nov. 20 board meeting. The district's meeting minutes record: "The length of the bond will be 10 years." The item entry in the minutes is captioned "RPA Refinance Request" and is listed as approved by the RSD Board of Directors, but the minutes do not identify the presenter or provide the proposed interest rate, principal amount or expected budget impacts.
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