§ 16740 Bond And Note Issuance

• •After a committee approves a plan, the Treasurer gets ready to make bonds or notes.
• •The Treasurer makes sure the bonds or notes have the right info printed on them.
• •The bonds are sold, and the winner of the sale gets them.

Imagine your school wants to build a new playground but needs money. They decide to sell special papers (bonds) to people to get the money.

The school committee agrees to sell these papers. Then, the person in charge (like the Treasurer) makes sure the papers are printed correctly and gives them to the person who buys them.