The Iowa State Patrol reports a Lake City woman died and two passengers in her vehicle were injured, during a rollover accident early Monday morning in Carroll County. 19-year old Janelle Marie Woods died when she was ejected from the 1999 Ford Expedition she was driving, as it rolled several times in a high speed crash. The Patrol says she was wearing her seatbelt.

Officials say the SUV was westbound on 170^th Street at around 12:34-a.m. Monday, and traveling at a high rate of speed, when the vehicle went off onto the right shoulder of the road. When Woods steered hard to the left, the Expedition went out of control and rolled over. Woods died from her injuries.

The passengers in her vehicle, 28-year old Roger Hickerson, and 27-year old Ashley Hahn, were injured. The Patrol’s report didn’t indicate where they were from. Hickerson was also ejected, and suffered serious, incapacitating injuries. He was flown by helicopter to Mercy Hospital in Des Moines. A report on his condition was not available. Hickerson was not wearing a seatbelt. Hahn was also not wearing a seatbelt. She suffered serious, non-incapacitating injuries, and was transported by ambulance to the Carroll Hospital.

Officials at the hospital administered a blood test on Woods to test for alcohol or drugs, but the results of those tests are not yet available. The SUV sustained $8,000 damage during the crash.

The Atlantic School Board Tuesday, adopted a resolution directing the sale of 7.66-million dollars in school infrastructure, sales, services and use tax bonds, series 2012.

Hutchinson-Shockey-Erley & Company of Chicago, IL, was the winning bidder for the marketing of the bonds.

HSE had the lowest interest rate of 3.74%, which was about one-half percent lower than what was expected when the district began to look at financing earlier this Spring. Piper Jaffrey’s Travis Squires said that will save the district about $500,000 in interest. The bonds will be used to finance construction and renovation at the Atlantic Middle School.

Squires said there were four bidders for the bonds. In addition to the Illinois firm, the other three were located in Minnesota, Wisconsin and New York. All of the bids were received electronically, through a parity on-line bidding system, which is common practice these days.

Squires had some good news for the board Tuesday night. He said during past month, the company finalized the rating cull for the Standard and Poor’s rating agency. He says the Atlantic Community School District received an “A-plus” bond rating, which, he says, is “very good.”

He says that’s based essentially on the fact the district’s enrollment is fairly stable, and because it has sufficient bond coverage on the existing debt. Squires says the district has almost double the amount of revenues needed to make the bond payments.