Fri08292014

Last updateFri, 29 Aug 2014 2pm

Bond refinancing will save $220,000

• School distirct moving from 3.11 to 1.29 percent interest
    During the March 20 regular meeting of the St. James Board of Education, the board approved a refunding bond resolution that will provide a net savings of approximately $220,347. The board authorized the sale of $3 million in General Obligation Refunding Bonds at an average interest rate of 1.29 percent, compared to the current rate of 3.11 percent.

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