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Provo School Board approves intent to issue $70 million lease revenue bonds and several policy updates
Summary
At its Jan. 28 meeting the Provo City School Board voted unanimously to express intent to issue lease revenue bonds to complete Tempe View High School and advance planning for Dixon sites, and also approved multiple policy updates and a Canyon Crest Elementary land trust amendment.
The Provo City School Board on Jan. 28 unanimously approved a resolution expressing intent to issue lease revenue bonds and passed a series of policy updates and a school land-trust amendment.
The board met at 280 West 940 North and convened briefly as the Provo City School District Building Authority to consider an intent resolution to issue lease revenue bonds. Devin Daley, the business administrator, summarized the plan and said the issuance would be for $70,000,000 to complete Tempe View High School and to begin planning for the Dixon sites. The resolution approved on Jan. 28 expresses intent to explore that issuance; the board will consider final approval at its Feb. 25 meeting at 6 p.m.
Votes at a glance (recorded motions and outcomes):
- Motion: "I move that we convene as the Provo City School District Building Authority." Motion recorded as made by Vice President Gina Hales; second recorded as board member Boyse; outcome: approved (unanimous). Note: the board then…
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