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Board approves series of finance, facilities and policy items; votes at a glance
Summary
At its Feb. 14, 2025 meeting the Green Bay Area Public School District Board approved multiple motions including bond/notes parameters for voter-approved referendum financing, a $1.34 million HVAC contract, renaming a school to a community school and several policy updates; most motions passed unanimously or with minimal opposition.
The Green Bay Area Public School District Board on Feb. 14, 2025, approved a series of resolutions, contracts and policy revisions. Many items were passed by unanimous vote; a few drew debate or recorded dissent earlier in the meeting. Below are the finalized actions the board approved that evening.
Votes at a glance
- Parameters for sale of general obligation promissory notes: The board approved a resolution establishing parameters for the sale of not-to-exceed $105,000,000 in general obligation promissory notes and a combined not-to-exceed $136,175,000 total including taxable notes. District staff said the structure is intended to reduce arbitrage risk from tax-exempt debt and allow flexibility at pricing; the administration said the debt would be paid off in 10 years. (Vote: carried, all board members voting in favor.)
- Resolution establishing parameters for sale of up to $42,000,000 taxable general obligation promissory notes and up to $136,175,000 total: Approved (vote: carried, all board members…
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