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Audubon School Board approves sale of bonds: receives a low interest rate

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November 16th, 2021 by Ric Hanson

(Audubon, Iowa) – The Audubon School Board met Monday night and passed a Resolution approving the sale of Sales Tax (SAVE) Bonds, for their school facilities building project. Superintendent Eric Trager says they got a very low interest rate on the bonds, which will save the District a good deal of money.

Trager says with the sale of the bonds, the District kept its promise to their patrons.

With the financing now in-place, Mr. Trager said they can forward with the building project and see demolition take place in early May.

In other business, the Audubon School Board re-elected Mark Nissen as Board President, with Sarah Asmus elected Vice President.