Lawrence school board to consider $43.5M bond sale

photo by: Nick Krug

Lawrence Public Schools district offices, 110 McDonald Drive.

The Lawrence school board will learn Monday how much it will cost to issue debt for the second half of its 2017 $87 million bond issue.

On the agenda when the board meets at 7 p.m. Monday at district offices, 110 McDonald Drive, is the approval of a $43.5 million bond sale. The board will consider bids it receives from a public sale of the bonds, scheduled for noon Monday.

The school board sold the first $43.5 million of that bond issue in September 2017. Hutchinson, Shockey, Erley & Co., of Chicago, was the lowest bidder for the first bond sale, charging the district an interest rate of 2.95 percent for the 20-year bonds.

The board also will receive a report from Ann Mah, who represents Lawrence as the District 4 member of the Kansas State Board of Education.


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