Board approves bills, reauthorizes $51 million refunding resolution and votes to enter closed session
Summary
At its work session the Hudson School Board authorized payment of $342,997.47 in bills, reapproved a resolution to issue not-to-exceed $51,000,000 general obligation refunding bonds and voted to convene a closed session under Wisconsin Statute 19.85(1)(e) about sale of public property.
The Hudson School Board approved three formal actions during the work session. First, a board member moved that the Chief Financial and Operations Officer be authorized to pay bills totaling $342,997.47; the motion was seconded and approved by voice vote.
Later the board reapproved, for clarity of wording related to a refinancing, the resolution authorizing the issuance and sale of not-to-exceed $51,000,000 in general obligation refunding bonds. Nick and staff said this reapproval restated language previously seen by the board and was requested "in an abundance of caution" to assure precise bond-document wording.
Near the meeting’s end, a motion was made and seconded to convene in closed session pursuant to Wisconsin Statute 19.85(1)(e) to deliberate or negotiate the sale of public property; the motion passed on a roll-call vote and the board entered closed session. The public transcript records a closed-session reference to the district office property at 644 Brockie Drive and an offer price of $1,800,000.
Votes at a glance: - Motion to authorize Chief Financial and Operations Officer to pay $342,997.47 (mover: Megan; second: unknown on record): approved by unanimous voice vote. - Resolution reauthorizing issuance/sale of not-to-exceed $51,000,000 general obligation refunding bonds: approved by unanimous voice vote. - Motion to convene closed session under Wisconsin Statute 19.85(1)(e) (mover: board member identified on the record): approved by roll-call vote (ayes recorded).

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