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What is the bond referendum about? How does it work?

Bond referendum
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What is the bond referendum about? How does it work?

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The school bond referendum will authorize the county to sell bonds to raise $50.6 million to fund improvements at public schools in Iredell County, including Iredell-Statesville Schools, Mooresville Graded School District and Mitchell Community College. The bond referendum is split into two parts: a $44.6 million bond to fund K-12 schools and a $6 million bond to fund community college needs.

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