Burlington School Board accepts GO Bond bid, increases base salary of administrators
June 8, 2022
Burlington's Board of Education held a special meeting May 19 to handle receiving bids and accepting one for the $610,000 General Obligation Building Bonds of this school district and award bonds to the lowest bidder.
That was Alva State Bank Burlington Branch. The interest rate on the bonds is 3.45 percent.
The board also discussed and approved the adoption of written policies and procedures for post-issuance compliance.
A resolution was also approved providing for the issuance of General Obligation Building Bonds in the sum of $610,000 by this school district, authorized at an election...