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Trustees unanimously approve bond issuance, targeted improvement plans and May 2025 election order
Summary
At the Feb. 6 board meeting trustees voted unanimously on multiple formal actions including a $63.5 million final bond issuance in the 2019 program, targeted improvement plans for comprehensive support campuses, administrative appointments and the May 2025 order of election.
The Arlington Independent School District Board of Trustees on Feb. 6 approved several formal actions by unanimous votes.
Bond issuance and refunding: Trustees adopted an order delegating sale parameters and authorizing final issuance of the remaining authorization in the 2019 bond program. District staff and financial advisors said the new‑money portion of the sale is expected to be about $63,500,000, that market conditions appeared favorable for a refunding, and that the district plans to contribute $30,000,000 of excess interest‑and‑sinking (I&S) funds to increase refunding savings.…
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