The sale of bonds approved by our referendum will take place on March 25 at noon. You can find out more about the auction by clicking here (the info should be posted soon, in the "upcoming auctions" section).
The results of the auction will determine our interest rate. During the lead-up to the referendum, we estimated 4.75% interest. Our bonding financial company is estimating 4.06%. We'll see what happens on 3/25.
Several people have contacted the district because they want to purchase the bonds. Great way to invest in Ridgewood...a win-win!
I'll report the results here as soon as I can.
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