District reissues portion of 2014 school improvement bonds

The USD 234 Board of Education voted Monday to move forward with refinancing a portion of the district’s general obligation bonds issued in 2014 for the $40.8 million school bond projects approved that year.

The board unanimously approved a resolution for taxable general obligation refunding bonds, Series 2020, which authorizes the “sale, issuance and delivery of taxable general obligation refunding bonds … for the purpose of providing funds to refund a portion of the issuer’s outstanding general obligation bonds.”

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