District saves money via bond refinancing

The refinancing of Las Virgenes Unified School District bonds will save more than $2 million in interest payments, officials announced last week.
Trustees approved new financing for the 2006 bonds at their July 22 meeting. The refinance will take between 60 and 90 days to complete.
The $128-million Measure G6 bond passed in 2006 with 64 percent of the vote. The bond cost homeowners an additional $25 per $100,000 of assessed property value.
Measure G funds are being used for construction project...

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