Board approves notice to advertise non‑electoral bond sale; approves minutes, payments and personnel actions

The Haverford Township School District board voted during its Nov. 10 session to approve several routine and finance items, including authorization to advertise a proposed non‑electoral debt issuance tied to the district—s capital program.

Board members voted to approve the official minutes from the October meeting, to authorize administration to advertise for the incurrence of non‑electoral debt and to approve disbursements totaling $489,492.71. The board also approved the personnel actions listed on the agenda.

The motion to authorize advertisement of the non‑electoral debt was presented by district financial staff; board discussion about the plan—s size and timing took place during the finance presentation that followed (see separate article on capital financing). The disbursement motion and the personnel motion were moved, seconded and approved without recorded roll‑call tallies.

Board members and administration noted that additional formal steps — including a parameters resolution that will set maximum amounts and interest rates — are expected before the district actually sells bonds. Those parameters were described as part of the financing presentation and will be considered at a future public action meeting.

The votes recorded at the Nov. 10 meeting were procedural approvals that allow administration to proceed with the public notice and the next steps in the district—s capital financing timetable.