Saturday, October 23, 2010

School Board Refinancing of Bonds

At their meeting on October 20th, the Earlham School Board started the process to refinance the General Obligations bonds from the 2003 construction project.  The reduction in interest rates make the refinancing attractive and are estimated to save district tax payers approximately $170,000 over the next ten years.  The School Board will be working with Piper Jaffray to complete this process.

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