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Oakland County August 3 Primary Election Results

School Building and Site Bond Proposal has
passed
Shall the Clawson Public Schools, County of Oakland, State of Michigan, borrow the sum of not to exceed Fifty Five Million Nine Hundred Thirty Five Thousand Dollars ($55,935,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of paying for the cost of the following projects:
Preparing, developing and improving sites, including sites for school buildings and additions thereto, including the construction of new drives, parking lots and landscaping;
Preparing, developing and improving sites for the construction and equipping of athletic fields and playgrounds;
Constructing, erecting, equipping and furnishing a new Middle School facility; ....

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Aug. 3 Election – Clawson Public Schools Bond Proposal • Oakland County Times

(Crystal A. Proxmire, July 24, 2021)
Clawson, MI- Voters in the Clawson Public Schools District have a bond proposal on the Aug. 3 primary ballot. There are no candidates for office on the ballot, only the proposal. It states:
“Clawson Public Schools County of Oakland State of Michigan Shall the Clawson Public Schools, County of Oakland, State of Michigan, borrow the sum of not to exceed Fifty Five Million Nine Hundred Thirty Five Thousand Dollars ($55,935,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of paying for the cost of the following projects: – Preparing, developing and improving sites, including sites for school buildings and additions thereto, including the construction of new drives, parking lots and landscaping; – Preparing, developing and improving sites for the construction and equipping of athletic fields and playgrounds; – Constructing, erecting, equipping and furnishing a new Middle S ....

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Belding Area Schools saves taxpayers money with bond refunding project

Belding Area Schools saves taxpayers money with bond refunding project
Ionia Sentinel-Standard
BELDING Belding Area Schools has completed its fourth bond refunding project in five years, which saves roughly $5 million in taxpayer dollars.
The BAS Board of Education announced the sale of its federally taxable 2021 refunding bonds for $11.38 million, according to a news release.
The 2021 bonds are “being issued for the purpose of refunding certain outstanding indebtedness” of BAS to the state under the state’s School Bond Qualification and Loan Program and to pay the costs of issuing the bonds, per the release.
BAS estimates a $1.3 million reduction in repayments to the state due to the 2021 bonds. It included assumptions regarding the district’s taxable growth value rate and the interest rate charged by the program. ....

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