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Board approves bonds, calendars, insurance plans and Lincoln Irving MOU in Oct. 27 meeting
Summary
In a single business meeting the board approved a $49.48 million working cash bond issue, multi-year calendars, several health and pharmacy contracts totaling projected millions, and entered an impact memorandum of understanding for the Lincoln Irving expansion.
The Board of Education of Moline-Coal Valley CUSD 40 used its Oct. 27 meeting to approve a set of financial and operational items that will affect district budgeting and vendor relationships.
Key votes included approval of a resolution providing for a working cash fund bond issue in the amount of $49,482,600 (Series 2025). The board also approved the 2026–27 and 2027–28 school calendars by roll call vote.
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