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District to study refinancing option for Gib Olinger bond
Summary
Superintendent Aaron Duff and finance representative Denyce Kelly presented an option to refinance the district’s existing bond on Gib Olinger. Staff will analyze pros and cons and return to the board with recommendations; no action was taken at the meeting.
During the superintendent’s report, Aaron Duff and Denyce Kelly presented an option to refinance the district’s existing bond on Gib Olinger. They told the board they would analyze the pros and cons of refinancing and bring that analysis back to the board for a future decision.
No votes or commitments were recorded at the Feb. 9 meeting. The discussion was described as exploratory; staff will provide a more detailed recommendation once financial analysis is complete.
