Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
St. Tammany school board approves resolutions to advertise for bids and to issue general obligation bonds, Series 2025
Summary
The Saint Tammany Parish school board unanimously adopted two resolutions June 12 to advertise for bids and to authorize issuance of General Obligation School Bonds, Series 2025, beginning the formal bond-sale process for the district.
The Saint Tammany Parish School Board unanimously voted June 12 to adopt two resolutions to advertise for bids and to authorize the incurring of debt and issuance of general obligation school bonds, Series 2025, for Saint Tammany Parish Wide School District No. 12.
Board action consisted of two separate resolutions read into the record. President Green asked for motions on the items; Miss Moore moved to advertise for bids and Miss Baker moved to authorize the issuance. Both motions passed with unanimous votes from the board.
The motions start the formal process required to offer general obligation school bonds for sale: one resolution authorizes advertising the bonds for bid submissions and the second resolution authorizes incurring the debt and issuing the bonds. The board did not discuss specific project uses for the bond proceeds during the recorded discussion.
Superintendent Jabia and board members conducted the procedural votes; no public comment or substantive debate on bond purposes was recorded during the motion and vote. The board recorded the actions as passed unanimously.
The adoption of these resolutions establishes the district's next procedural steps in a bond sale: advertising, receiving bids, and then (if required) later board action to accept bids and close the financing. The transcript does not record the dollar amount of the offering or the intended capital projects to be funded.
