District Refinances Debt with $8.3M Bonds
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Description
District approves $8.3 million bond for refinancing outstanding debts. The resolution authorizes the issuance of General Obligation Refunding School Bonds to refund certain outstanding bonds, directing the execution of an Escrow Agreement and providing for the levy of a direct annual tax to pay the principal and interest on said bonds.
Contract Details
Contract Amount
$8,300,000
Vendor
GURNEE SCHOOL DISTRICT 56
Agency
Gurnee SD 56, IL
Contract Type
Bonds
Document Date
December 18, 2024
Contract Term
NA
Renewal Date
NA
Renewal Info
NA
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