Strong ‘yes’ in bond vote


March 17, 2009 · 2:37 PM

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Results from the March 10 election show the “yes” vote for the $27.5 million Snoqualmie Valley School District bond with a healthy margin of victory.

Valley voters approved the school bond by 67 percent. King County is expected to validate the election on Friday, March 20.

Bonds will go on sale in early May.

They should sell quickly because investors see school district bonds as safe investments, especially given the bond market’s recent turbulence, said Jon Gores, an executive with D.A. Davidson and Co. The investment company is handling the sale of the bonds.

The district will start receiving money for repairs, modular classes and upgrades in Valley schools in early June.

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