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Trustees approve second extension of depository contract with Southside Bank after 4-2 vote

5830067 · July 21, 2025
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Summary

The Splendora ISD Board adopted the second of three biennial extensions of its depository contract with Southside Bank for July 1, 2025–June 30, 2027; two trustees voted against the extension.

The Splendora Independent School District Board of Trustees voted to approve the second of three biennial extensions of the district’s depository fund contract with Southside Bank, covering July 1, 2025, through June 30, 2027. The motion was made by Jennifer Stewart and seconded by Dan Muirhead. The motion passed 4-2. Trustees Jason Sessum and Allen Wells cast the two recorded no votes; four trustees voted in favor and one trustee was recorded absent. The minutes record the contract extension and the vote tally but do not include detailed discussion of terms or alternatives in the meeting record.