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HLP Board Awards Sale Of Bonds

November 23, 2014

(Lake Park)– Construction of a new 7th through 12th grade school, community complex and athletic fields in Lake Park is a step closer to getting off the drawing board.

Harris-Lake Park Superintendent Tim Christianson says the school board earlier this week awarded bids on the sale of four million dollars in general obligation bonds and 990-thousand in Local Option Sales Tax Revenue Bonds. Christianson says the g-o bonds were awarded to Dean Rauscher at 4.37 percent interest over 20 years; the LOST Revenue bonds were awarded to United Community Bank at four percent interest over 10 years.

Christianson says an architect is drawing up plans for the project based on community meetings held last week.

Christianson says they’re still hoping for a bidletting in January or February with a groundbreaking next spring.