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Lot of Interest in BMS renovation bonds
Published Thursday, October 15, 2009 at 02:25 PM

Scottsbluff Schools Business Director LaVon Hood says there is a lot of interest in a second and final round of bonds for the Bluffs Middle School renovation. The $6.15 million in bonds will be sold during the week of October 19th and will be marketed by Ameritas on October 22nd. The interest rate on this set of bonds won't be known until after they are marketed, but Bruce Lefler with Ameritas believes it will be around 4.5%, possibly lower. The first $7.85 million in bonds sold for 4.65% this past spring. To find out more information on the bond sale, Call 1-877-834-0414 or (402) 384-8092.

Superintendent Dr. Gary Reynolds says the money from the sale should be available in November to help pay bills for the remainder of the project. The recent snowstorm did not hinder construction and the project remains on schedule for students to be in the renovated building at the start of the school year next fall. The big push right now is to cover the area where the new gymnasium and combined cafeteria and auditorium will be so work can proceed on those areas in the winter months.




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