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District will issue $1.66M in bonds

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By a unanimous roll call vote, Red Wing School Board voted to give Finance Director Brad Johnson the authority to move forward with the bonds that will cover the costs of building the new tennis courts and track at the high school as well as repairs to Prairie Island Arena.

“Talking to some of our bond advisers it is a good time to bond,” Johnson said. “By bonding and using that money to pay debt service we’re able to stretch the impact of those dollars.”

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