Buyers to the South O’Brien School District $17 million first bond issue for its construction project is scheduled for Tuesday October 10 at 12 noon. Potential buyers bid on the purchase by offering the best interest rate to the district.
After the online bidding is complete, district officials will meet with Matt Gillespie of Piper Sandler about the bids submitted. They will devise a recommendation for the Board of Education to consider. Upon the board’s acceptance of a proposal that evening the bonds will be sold and the district will have the necessary cash to begin the construction projects to improve the South O’Brien facilities for its students.