Centreville Schools approve issuing bonds

Members of the Centreville Public Schools Board of Education approved issuing the third and final series of bonds for Phase 3 of the 2013 millage project, with a principle sum not to exceed $5.4 million.

This is the last phase of the eight-year bond proposal, which has allowed the district to upgrade its facilities, technology, infrastructure and transportation.

Superintendent Stephanie Lemmer said last week’s resolution authorizes moving to the bid process. It does not require selling bonds immediately, however.

Officials may wait to see what happens with the volatility of the market.