CENTERVILLE —
The Centerville School Board's financial advisors, representatives of Ruan Securities and Piper Jaffray, think refinancing a bond could save the district a lot of money..
The board was told the school district could save approximately $40,000 in interest payments by refinancing with the company rather than staying with Piper Jaffray. The total amount would depend on the rates available when the school actually signs a contract with Ruan.
Piper Jaffray’s representative laid out several scenarios for the school board to consider including refinancing or paying off the debt immediately with PPEL money to gain savings by retiring the debt. By refinancing Piper Jaffray estimated approximately $30,000 in savings to the district.
The board discussed both options and decided to move forward with refinancing through Ruan Securities, contingent on the amount of savings being close to $40,000 for the district once the contracts were finally drawn up.
Community News Network
Centerville School Board hopes refinancing could save $40,000
The board makes a company change to refinance a bond and looks at imposing new standards on volunteers
- Community News Network
-
-
Kebabs: Health kick on a stick
Grilling is a simple way to feed your family well this summer. Start with a lean meat and a healthful marinade and then allow the grill to strip away additional fat for a heart-healthy and waist-friendly final result. Plus, grilling caramelizes the natural sugars in foods, which adds flavor without additional calories and fat.
-
Boy Scouts: Yes to gay youths, no to adults
The Boy Scouts of America on Thursday ended its ban on openly gay youths but maintained a prohibition on gay adult leaders, a decision framed as a compromise but one that could lead to litigation and thousands of defections from one of America's largest youth organizations.
-
Expert: Schools need shelters
Ninety-four percent of Oklahoma schools do not have tornado shelters, according to Gov. Mary Fallin, even though at least one weather expert says they should be standard. With two Moore schools destroyed in Monday’s EF-5 tornado — and ...
-
Twitter introduces website security tool after AP account hacked
Twitter is adding a new security tool to its website, making it harder for outsiders to gain access to accounts, a month after a false posting triggered a stock-market decline.
-
Siblings withstand storm in fridge
Brother and sister co-owners of a Chinese takeout restaurant huddled inside a refrigerator to survive Monday’s deadly tornado that claimed 24 lives.
-
Mom delivered baby as tornado struck
Shayla Taylor was so far along in labor that her nurses at Moore Medical Center decided not to move her when Monday's tornado hit. They waited out the storm in an operating room, where the wall disappeared as the tornado hit the building.
-
TIMELAPSE: Take a tour through the damage in Moore
Take a driving tour of the damage in Moore caused by Monday's tornado.
-
Mayor wants tornado shelters in new homes
Moore Mayor Glenn Lewis wants tornado shelters in all new homes in his city, where an EF-5 tornado damaged or destroyed more than 12,500 homes Monday afternoon. A proposed ordinance would require a shelter inside or outside each new residence.
-
AUDIO: Residents share their tornado experiences
Moore, Okla., residents talk about living through Monday's EF-5 tornado.
-
In fan fiction, your favorite characters do what you want them to
When J.J. Abrams took over the "Star Trek" franchise in 2009, he boldly went where the series hadn't gone before — romantically — pairing Uhura with Spock. Many fans disliked the change. Some loved it. Others didn't care, because they just wanted to see Kirk and Spock make out.
- More Community News Network Headlines
-
Raw: Trucker Bumps I-5 Bridge Before Collapse
Raw: Texas Deputy Shot by Colo. Suspect Honored
Major Detours Following Wash. Bridge Collapse
American Held in Grisly Czech Murders
Raw: Jersey Shore Reopens for Summer
UK-bound Pakistan Plane Diverted, 2 Men Arrested
Officials: Tsarnaev Friend Linked to Slaying
Obama:Sexual Assault Threatens Trust in Military
Bridge Collapse Survivor: 'Rough Day'
Jersey Shore Open for Business
Raw: Memorial Day Flags Placed at Arlington
New Wheelchair Lift Promises More Access
First Person: Mom Discusses Famous Tornado Photo
Raw Video: Washington State Bridge Collapse
Boy Scouts Approve Plan to Accept Gay Boys
