Saturday, Oct 01, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Bowling Green school bonds offered to public

BOWLING GREEN Residents interested in buying bonds to be sold for the city schools $27.5 million construction project can learn more about the opportunity at a seminar at 6 tonight at Kenwood Elementary, 710 Kenwood Ave.

Seasongood & Mayer, which was hired by the school board to underwrite the bond sale, will present a seminar for residents interesting in buying bonds in minimum denominations of $5,000 with maturity rates of one to 28 years. The bonds, which will finance a new junior high and auditorium, are expected to be sold March 7.

District Treasurer Rhonda Melchi said though the bonds likely would have a lower interest rate than a typical certificate of deposit, interest income is exempt from state and federal taxes, which makes the bonds attractive for some investors.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…