Bond Refinancing

Posted on 17 December 2010 by KWBG

BOONE, Iowa—The Boone School Board hopes to save close to $300,000 in interest by refinancing over $4.6-million in General Obligation School Refunding Bonds. The School Board actually discussed the refinancing a couple of months ago, but hadn’t taken any action to proceed. Since then, interest rates have begun to trend up and School Superintendent Brad Manard says the District needed to move now. The School Board will address the bids when they meet January 11th.

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Boone Municipal, IA

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