|By Bob Flynn, Richmond Register, Ky.|
|McClatchy-Tribune Information Services|
The board approved a recommendation from the
Total cost for the projects at Kit Carson,
The board then accepted a bid for that amount from
The board also approved the finance corporation's recommendation to refinance
During a finance corporation meeting prior to Thursday's school board meeting, consultant
"The current interest rate on the 2005 bonds is 4.2 percent. The new rate we will be getting will be 3.1 percent. Your net savings will be
Nance told board members that even with funding for the three renovation projects and its current bonds, the district will still have
The district has a projected bonding potential of more than
The board also addressed several other facilities projects including approval of:
--Design and development documents for the renovation of the district's new administrative office building
--A contract for just over
(c)2014 the Richmond Register (Richmond, Ky.)
Visit the Richmond Register (Richmond, Ky.) at richmondregister.com
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