South Butler moves forward in bond issue process
Knoch High School and Knoch Athletic Stadium are one step closer to their upgrades.
The South Butler County School District on Wednesday night heard a presentation on options for securing bond financing for an upcoming renovation project at the high school and throughout the district and installation of turf and track repair at the stadium.
Alisha Reese Henry, of PNC Capital Markets, told the board she has worked furiously for the past month to prepare for the bond deal, so the district can take advantage of historically low interest rates now available.
She said Wednesday that rates have risen slightly since January, but still are extremely low.
Henry asked the board for guidance on how much it wants to borrow for the large project and offered some financial options.
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