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Board authorizes lease amendment to enable building‑corporation bond issuance
Richland-Bean Blossom Community School Corporation Board of Trustees · September 17, 2025
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Summary
Counsel explained the fourth amendment to a lease that will allow the building corporation to issue bonds; trustees approved a resolution to execute the lease form and staff said bond pricing is expected in early November with funds available later that month.
The Richland‑Bean Blossom board voted to authorize a fourth amendment to a lease that will permit the district’s building corporation to issue bonds to finance capital projects. Jacob McClellan of Bose McKinney & Evans told trustees the lease amendment and public hearing process are statutorily required for…
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