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Board approves two refunding resolutions and several routine items

Tea Area School District 41-5 Board of Education · December 9, 2025
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Summary

Trustees approved a general-obligation refunding (not to exceed $9.3M) and a capital-outlay refunding (not to exceed $9.8M) by roll call, and voted to surplus a 2011 bus, approve personnel and calendar items, and dissolve several committees.

At its December meeting, the Tea Area School District board unanimously approved two debt-refinancing resolutions and several routine actions.

Business Manager read a resolution authorizing general obligation refunding bonds series 2026 "in the aggregate principal amount of not to exceed $9,300,000" that combines the district’s 2015 and 2019 bonds and uses a state-aid pledge to strengthen the…

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