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FAIRMONT– During the Fairmont School Board meeting on Tuesday evening, Matthew Hammer from Ehlers Public Finance Advisors presented the board with results from the sale of the district’s $6.73 million general obligation bonds following the special election which took place on Feb. 9.
“I come to you from Ehlers today with some really good news. We took bids this morning and ended up with a 1.87 percent interest rate,” Hammer said.
Hammer said that pre-sale estimates they had previously provided were at a 2.67 percent interest rate.
“In big numbers, what that means is we’re looking at debt service levies for property tax levies over the life of the bonds of about $1.8 million less than pre-election estimates,” Hammer said.
Amy Swain said McAlester High School students are excited to get back on the stage.
The MHS choir director said the program is ready to perform the award-winning musical produce Bright Star â an award-winning musical that was also nominated for Tony Awards and Grammys â on Friday and Sunday after a year of coronavirus precautions. It s going to be wonderful, Swain said. The kids have done an outstanding job rehearsing and putting on this production during our time of COVID and they re just thrilled to be on the stage again at S. Arch and showcasing their talents to the community.
The shows are scheduled for 7 p.m. Friday and 2:30 p.m. Sunday at the S. Arch Thompson Auditorium.
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Front row, from left: Superintendent Joe Brown, board president Rufus Rodriguez and vice president, Nicole Green. Back row, from left: Michael Edman, Dan Brookens, Student school board members Briana Joseph, Weston Loughmiller and Morgan Hoong, Mari Myren and Julie Laue.
FAIRMONT This next week is Minnesota School Board Recognition Week. Fairmont Area’s School’s School Board is made up of six members: Rufus Rodriguez, Julie Laue, Nicole Green, Dan Brookens, Mari Myren and Michael Edman.
This is also the first year that three non-voting student school board members sit on the board. They are Weston Loughmiller, Morgan Hoong and Briana Joseph.