by Scott Neuffer

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September 13, 2012
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More school bonds on the horizon

Eyeing current market conditions, Douglas County school board members are planning to issue another $22.5 million in bonds to fund mass renovation of Douglas High School and potentially other projects in their master plan.

On Tuesday, bond advisor Marty Johnson of JNA Consulting Group told board members that the district has issued three bonds totaling $20.6 million to date, as well as about $2.3 million in pay-as-you-go funding from excess tax revenue.

Johnson said that by using Build America Bonds and Qualified School Construction Bonds, the district has saved more than $2 million in interest.

Thus far, the continuation bond …

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The Record Courier Updated Sep 13, 2012 04:20PM Published Sep 13, 2012 04:13PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.