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Bond sale completed Staff report FAIRBORN Fairborn City Schools recently completed the final phase of selling the bonded debt approved by the voters last November for construction of the new Fairborn High School complex. School officials expect this closure will save Fairborn residents millions of dollars over the next few years. The total aggregate interest rate for all debt was 2.65 percent, which is close to all-time lows for a 35 year issue. ”Because of the very favorable market conditions, Fairborn taxpayers will get the benefit of some changes,” treasurer Kevin Philo said in a release. Voters originally approved the bond for up to 37 years. However, this was recently changed to a maximum of 35 years due to low interest rates. Taxpayers will not have to pay for the remaining two years.

Kevin philoFairborn high schoolBank qualified investmentsFairborn schoolFairborn city schoolsகெவின் பிலோநியாயமான உயர் பள்ளிவங்கி தகுதி முதலீடுகள்நியாயமான பள்ளிநியாயமான நகரம் பள்ளிகள்