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Board approves bond refunding authorization, grants and policy revisions; multiple unanimous votes
Summary
Bemidji Public School District approved a resolution to pursue refunding 2015 school building bonds, accepted a $6,000 arts grant, authorized Minnesota State High School League Foundation applications, and adopted several policy updates — all by unanimous votes during its Oct. 20 meeting.
The Bemidji Public School District board unanimously approved several action items Oct. 20, including authorization to pursue refunding a portion of its 2015 general obligation school building bonds, acceptance of a $6,000 arts grant, and adoption of policy updates.
Board members voted to authorize district staff to submit materials to the state credit enhancement program and to allow the superintendent or director of business services and one board officer to execute bond-sale documents if the refunding meets set parameters. Ashley (presenter) explained the district sold $36,280,000 in bonds in 2015 for middle-school HVAC work and Jean Dillon Elementary; PMA Financial’s Steve Pumper told…
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