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SVVSD school board agrees to early bond redemption, saving on interest

The St. Vrain Valley school board on Wednesday agreed to an early redemption of $34.7 million in capital construction bonds that were issued in 2012.

The bonds had an original payment schedule of 12 years, with the final payment scheduled for December 2024. District officials said there’s enough money in reserve in the bond redemption fund to redeem them early at the end of October and save about $767,000 in interest.

Longs Peak Middle School