(Audubon) A Public Hearing in regards to Audubon’s bond issue took place Monday evening.
Audubon Superintendent Eric Trager explains what took place at their board meeting, “The big event really was we had a public hearing on our resolution to refinance our sales tax bond and capture some interest savings.”
They are keeping their options open for additional funding. “We want to keep the door open to raise additional cash if we need it for our building renovation project through our sales tax revenue stream. We had a public hearing on that to see what that looks like and the timeline on that. Then we passed a resolution to make all of that happen.”
Trager says they will receive bids on the project on December 8th and follow it up on December 11th with the sale of the bonds.