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Medford board adopts cash defeasance resolution, Fund 38 plan and $45,000 dishwasher; rejects prior donation
Summary
At the April 26 meeting the board unanimously adopted a cash defeasance resolution for certain 2016 promissory notes, approved the Fund 38 plan and a $45,000 dishwasher replacement, maintained Seamless Summer meals and voted 7–2 to reject a donation previously offered on April 7.
The Medford Area Public School District Board of Education on April 26 unanimously adopted a cash defeasance resolution related to certain general obligation promissory notes dated June 22, 2016. The motion, from the Finance Committee and moved by President Dave Fleegel with a second from Steve Deml, passed 9–0.
The board also approved the Fund 38 plan as presented by…
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