Now that voters have approved Mid-Prairie’s $10.6 million bond issue the school board will sit down with their bonding attorney to work out the details. Superintendent Mark Schneider says the board’s next meeting on the 14th is the earliest they’d go over the timeline for selling the bonds with the attorney.

As for who will buy the bonds, Schneider says it could be banks, investment firms and even individuals.

The bonds will be paid back over a period of 18 years. To accomplish this, the general obligation bond tax rate will be going up to $2.08 per $1,000, while the total tax rate beginning next year will be $12.40.

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