480 Board Refinances a Portion of the Bond

Brock Kappelmann - December 12, 2017 6:03 am

The USD 480 board met Monday night and went to work on the bond.  The board took final action on refinancing a portion of the bond.  This will save the district and its tax payers almost 17 million dollars ($16,705,517.50) in interest payments.  This will retire those bonds five years early to pay off in about 20 years rather than 25.

The board approved three independent study courses at LHS.  An English course, a physics course, and a business marketing course were approved.  These classes are in collaboration with SCCC.

The board approved roof repairs at Bright Start ($87,383) and Sunflower ($56,022).

The board approved the purchase of 40 chrome books for high school career technology education for $11,360.  The board approved the purchase of 120 chrome books for elementary and middle school students for $38,400.

 

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