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Linn-Mar school board to discuss bond sales
Admin
Jan. 31, 2010 10:59 pm
MARION - Linn-Mar school board members are planning to discuss two possible bond sales at a 7 p.m. meeting today in the district's Educational Services Center boardroom, 3333 N. 10th St.
First off, the district would like to sell $18.85 million in school infrastructure sales tax revenue anticipation bonds.
Revenue would be applied to several current projects, including the new Novak Elementary School and main campus stadium.
Administrators also are looking at refinancing $6.82 million in outstanding bonds that originated as part of an $18 million bond issue in 1997.
The meeting will be preceded by a 5 p.m. work session.
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