Dist. 15 board to hear repayment options for $130 million borrowing plan
Palatine Township Elementary District 15 board members will hear a presentation Wednesday on repayment options for the $130 million the district wants to borrow for the construction of two new schools.
The district's financial adviser on the bonds will make the presentation at the meeting set to begin at 7 p.m. at Sundling Jr. High School, 1100 N. Smith Street, Palatine.
Should voters approve the $130 million bond question in the November election, bonds would likely be issued in January 2017, and repaid over a 20-year period, according to district documents.
The full board packet can be viewed at http://www.ccsd15.net/pages/CCSD15
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.