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Vidor ISD approves final sale of Series 2025A bonds to fund construction projects
Summary
The Vidor ISD board approved the issuance of $48.325 million in Series 2025A unlimited‑tax school building bonds and closed the bond sale plan for August, with proceeds directed to ongoing construction projects and capitalized interest.
The Vidor Independent School District Board of Trustees on July 28 approved an order authorizing the issuance of the district’s Series 2025A unlimited‑tax school building bonds, concluding the district’s bond sale authorized by voters in the prior election.
Louis Wilkes of U.S. Capital Advisors and bond counsel Lance Fox presented the transaction details and legal process. Wilkes told trustees the sale was competitively bid earlier that day and that the district’s application to the…
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