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Waco ISD board approves pursuing LoanSTAR loan for mechanical and plumbing upgrades
Summary
At its regular meeting, the Waco Independent School District board voted unanimously to continue the process of securing a low-interest LoanSTAR loan for mechanical and plumbing improvements; vote counts were not specified.
The Waco Independent School District board at its regular meeting voted to continue the process of securing a low-interest loan through the state of Texas LoanSTAR program to fund mechanical and plumbing improvements.
Board members moved to advance the application after staff introduced the item. A staff presenter summarized the request, saying, "In this next item, we're seeking the board's approval to continue the process securing a low interest loan through the state of Texas LoanSTAR program." The motion "passes unanimously," according to the meeting record; specific vote counts were not provided.
The item was introduced as agenda item No. 9. The transcript records no additional details about the loan amount, repayment terms, or which campuses or systems would be prioritized; those specifics were not specified during the discussion.
No formal amendments or conditions were recorded at the meeting. The board took no additional, specified direction on next steps beyond approving continued pursuit of the LoanSTAR application.
The LoanSTAR program is a state of Texas low-interest loan program for energy and facility efficiency projects; the district did not provide project-level cost or timeline details in the remarks on the record.
The item concluded with the unanimous approval to proceed; documentation of the LoanSTAR application, cost estimates and final contract terms were not included in the meeting transcript.
