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Mt. SAC trustees table $56 million bond refunding proposal
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Mt. SAC trustees table $56 million bond refunding proposal
The Mt. SAC Board of Trustees met Wednesday, May 13 in Founder’s Hall to discuss the district’s possibility of refinancing their bonds, contracts to address deferred maintenance and honor retirees and athletes from campus. Trustees ultimately tabled a proposal to issue up to $56 million in general obligation refunding bonds after questioning whether the refinancing would save taxpayers money or increase short-term property tax costs. The board s…
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