Directors Tuesday approved the sale of $5,606,647 worth of general obligation bonds. The sale will help refinance old bonds dating back to 1993 which the district said will save it $365,000.

Superintendent Al Jones said the district is happy about the refinancing.

The money can be used for various purposes including construction and renovation projects, the purchase of capital assets such as school buses, furniture, fixtures and computer and technological upgrades, according to the bond resolution.

Board President Tom Hubert said there are many projects that need to be tackled in the district, including a new roof for the high school which will cost $70,000 to $80,000. An older part of the roof blew off during the March 9 windstorm.

The district is also in the middle of renovating Oakview Elementary School.

Hubert added that the bond sale won't extend the length of the bond payments.