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Board authorizes Bernardi Securities to advise on potential bond issuance
Summary
Central CUSD 4 voted to enter an agreement with Bernardi Securities to advise on a potential future bond issuance; the move begins debt-planning work for facility needs discussed by the Building & Grounds Committee.
At the Feb. 23 meeting the board authorized entering into an advisory agreement with Bernardi Securities to explore and plan for a potential future bond issuance. Member B. Koch made the motion and Member Shule seconded; the motion passed with Aye votes from B. Koch, Shule, Shule-Whybrew, H. Koch and Kasie Able, with Members Meier and Henrichs absent.
The vote follows a Building & Grounds Committee discussion about roof and wall repairs at the CHS/Nash campus and consideration of whether to renovate existing buildings or build a new facility to house Pre-K, elementary students and the district office. The board’s authorization allows staff and the financial advisor to examine financing options and next steps for any proposed capital project.
