Alpine ed board OKs $84 million revenue bonds

SARATOGA SPRINGS — The Alpine school board unanimously voted to approve authorizing the issuance of $84 million in revenue bonds at 4.04 percent interest during its meeting Tuesday night at Saratoga Shores Elementary School, 1415 S. Parkside Drive, Saratoga Springs.

This is the second bond issuance of the $230 million bond referendum voters approved in November 2006 for construction and remodeling of Alpine district schools. With that total funding, the district plans to build one high school, two middle schools and five elementary schools, plus some remodels and additions.

A third bond issuance, $68 million, is planned to take care of the last phase of building. The first phase was $78 million.