Bedford City school board approves $158 million bond resolution, tax-rate resolution and several contracts

The Bedford City School District Board of Education approved a series of financial measures and contracts at its April meeting, including a bond resolution to issue $158,000,000 for building projects, the district's tax-rate resolution for 2025 and service contracts for asset inventory and bond issuance.

The actions formalize financing and administrative steps the district said are needed to support construction and capital work tied to new school buildings. Treasurer/CFO (unnamed) told the board the $158,000,000 bond resolution and related bond-issuance documents will fund the district's building projects and that the district secured a bond-issuance commitment from Build American Mutual (BAM) at the lowest offered rate in the district's presentations.

Votes at a glance - Approval of minutes from March 20, 2025: Motion moved by Miss Boynton, seconded by Miss Macklin; passed (tally: 4–1). The minutes approval was taken early in the meeting and recorded with a 4–1 vote. - Consent agenda: Motion moved by Miss Boynton, seconded by Miss Macklin; passed (tally: 4–1, one abstention recorded). The consent agenda passed with one abstention recorded during roll call. - Administrative…