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Board votes to invest 2025 bond funds with Renasant Bank
Summary
On Dec. 9 the Lamar County Board of Education unanimously approved investing 2025 bond proceeds with Renasant Bank, which submitted the winning bid; the motion passed with all members voting yes.
The Lamar County Board of Education unanimously approved investing proceeds from the 2025 bond issuance with Renasant Bank at its Dec. 9 meeting.
Board members voted on a motion by Shae Farmer, seconded by Lance LeFan, that Renasant Bank’s bid was the best and that the district should invest the 2025 bond funds with that institution. The minutes record a unanimous vote in favor.
The motion is recorded in the meeting minutes; the board did not provide additional detail in the minutes about the bid terms beyond selecting Renasant Bank as the successful bidder.
