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School board OKs bond issue for Longfellow, clean ’08 audit

Published 03/24/2009, The Daily Republic

Approval of an $8.6 million bond issue and a clean audit for 2008 topped action items at Monday’s meeting of the Mitchell Board of Education.
Thomas Grimmond, senior vice president for Sioux Falls underwriter Dougherty & Company LLC, was on hand to answer board questions on a bond issue that will pay for a new Longfellow Elementary School and the consolidation of two past bond issues — one in June 2003 for $505,000 and the other in December 2004 for $585,000.

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