The Tucumcari Public Schools’ Board of Education on Monday approved the sale of $900,000 in school building bonds.
“The bonds will be used towards the construction of the new high school,” said Trudy Bauler, TPS business manager.
Bauler said the bonds are part of the $3 million bond voters approved in February 2007.
“The school had only used $1.25 million of that bond so far,” Bauler said. “The school has been cashing the bonds as the needs arise.”
Bauler said by taking the money out in increments only when they need it saves the school money.