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Chickasaw County board adopts resolution accepting proposal tied to General Obligation Capital Loan Notes
Summary
On March 31, 2026 the Chickasaw County Board of Supervisors unanimously adopted Resolution 03‑31‑26‑19 directing acceptance of a proposal connected to General Obligation Capital Loan Notes, Series 2026. Minutes note a $3,000,000 authorization (subject to change) and that a proposal for $1,850,000 was accepted.
The Chickasaw County Board of Supervisors voted unanimously on March 31, 2026 to adopt Resolution 03‑31‑26‑19 directing the acceptance of a proposal related to General Obligation Capital Loan Notes, Series 2026.
Motion by Supervisor Suckow, seconded by Supervisor Breitbach, passed on a roll call vote recorded in the minutes as “All Ayes.” The resolution text in the minutes lists a notional amount of $3,000,000 described as “subject to change” and states that “Attachment for Proposal of $1,850,000.00 was accepted.” The minutes note that the resolution was signed by Chairperson Hackman and attested by Board Secretary Sheila Shekleton; a detailed document is on file with the auditor and posted to the county website.
The board did not include further details in the minutes about the lender, interest rate, or final closing schedule; the resolution language recorded in the minutes indicates the dollar authorization is subject to change and that a specific proposal at $1,850,000 was accepted. The county will follow the process set out in the resolution and associated documents; the auditor’s office holds the underlying paperwork for public review.
The action is listed in the minutes as Resolution 03‑31‑26‑19. The board did not record further debate or opposing views in the minutes; the vote was unanimous. The resolution represents the board’s formal direction to proceed with acceptance of the referenced proposal; next steps in the financing process and any final pricing are referenced in the filed documents but not specified in the minutes.
