OXFORD – The consultant who helped arrange bidding for a $30 million Oxford School District bond issue said the district’s credit rating earned it an excellent rate.
“Y’all are one of maybe a dozen districts in Mississippi with a AA bond rating,” Demery Grubbs told board members Monday. “
The bond issue, which will finance most construction costs on a new Oxford High School, attracted a winning bid of 4.041591-percent from Memphis-based Morgan Keegan and Company.
The Oxford Planning Commission will meet today in public forum at 5 p.m. at the current Oxford High School Commons to review plans for the new school. That campus is scheduled to open in 2013.
NEMS Daily Journal