Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Henderson County board adopts bond resolution to begin financing East Heights school project
Summary
The Henderson County Board of Education on Feb. 17 adopted a resolution authorizing the Henderson County School District Finance Corporation to issue school building revenue bonds to fund the East Heights project and accepted the procedural steps needed to seek participation from the School Facilities Construction Commission.
The Henderson County Board of Education on Feb. 17 adopted a resolution authorizing the Henderson County School District Finance Corporation to issue school building revenue bonds to help fund the East Heights school project and approved related procedural steps.
The action, read aloud by Dwight Salisbury and moved by Miss Williams with a second from Mister McGar, passed by unanimous voice vote after the board recessed and convened the finance corporation to complete required steps.
Salisbury, who introduced himself as "Dwight Salisbury with RSA," summarized how the district's building and capital outlay funds, state equalization payments and offers of assistance from the School Facilities Construction Commission (SFCC) are combined to calculate the district's bonding capacity. He provided figures the board discussed in detail, including an…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
