School bonds to be refunded

Wednesday, September 28, 2011

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Refunding bonds which were to mature Feb. 1, 2013, to 2034, inclusively, will save the Pea Ridge School District $178,220.83 over the life of the bond issue. That is 7.91 percent less than payments would have been on the Feb. 1, 2005, issue, according to Dan Lovelady with Beardsley Public Finance.

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News, Pages 1 on 09/28/2011

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