District approves $11.5M DASNY bond financing
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Description
Bolivar-Richburg Central School District approved a bond resolution authorizing issuance of up to $11.5 million in School District Bonds through the Dormitory Authority of the State of New York. The financing will refund the district’s 2025 bond anticipation note and provide permanent financing for prior capital improvements.
Contract Details
Contract Amount
Aggregate principal amount not to exceed $11,500,000
Vendor
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
Agency
Bolivar-Richburg Central School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
Bonds dated on or about June 16, 2026, maturing per Notice of Terms
Renewal Info
This is a long-term bond financing arrangement; future refunding or refinancing would require separate board action.
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