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School board unanimously approves bond refinancing

The Chelsea School Board unanimously approved the refinancing of the district’s 2004 school building and site bonds, which is expected to save taxpayers about $1.3 million.

The board also unanimously approved its tax levy for the winter tax bill, which includes a 0.5 mill sinking fund millage. The original voter-approved sinking fund authorization was 0.9250 mills.

One board member, Anne Mann, was absent from the meeting.

 

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