Board OKs $470,000 taxable bond for Independent School District No. 8
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Summary
The Lawton Public Schools Board approved a resolution to issue $470,000 in taxable general-obligation bonds (Series 2026B) for Independent School District No. 8 of Comanche County and voted to proceed with awarding the sale to the lowest compliant bidder.
The Lawton Public Schools Board approved a resolution authorizing the issuance of $470,000 in taxable general-obligation bonds, Series 2026B, for Independent School District No. 8 of Comanche County and voted to award the sale to the lowest bidder who complied with the notice of sale.
District staff read the agenda item calling for receipt of bids and authorization to award or reject bids. The presiding official called for a motion; the motion and second were made and the board approved the resolution by roll-call vote.
The resolution approves the bond form, registration, levy of an annual tax for payment of principal and interest, continuing disclosure agreement, and other actions necessary for issuance and delivery. The transcript records the board's approval but does not include the winning bidder, the proposed interest rate, or closing details.
No public testimony on the bond appeared in the recorded segments.
The board continued with policy items and routine business after the vote.
