Aspen School Board gives direction on bond issuance

Aspen School Board gives direction on bond issuance

The Aspen School District Board of Education directed staff to get the bond issuance process rolling this spring.  Upon staff recommendation, the board agreed in a Wednesday meeting to pursue the issuance, or the district’s pursual of financial debt to afford housing and infrastructure projects, in two increments — beginning with a $50 million portion, or tranche, this spring. The issuance would make up one segment of the $95 million bond approv…

School officials decide to issue bond in phases

First $50 million will go largely toward housing