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Piedmont board sets $13.245 million bond sale for April 21 and designates bond counsel
Summary
The board adopted a resolution determining maturities and setting the date, time and place for a $13,245,000 taxable combined‑purpose building bond sale and designated bond counsel; the sale is scheduled for April 21 at noon, and the motion passed unanimously.
The Piedmont School Board voted to adopt a resolution setting maturities and the date, time and place for the sale of $13,245,000 in taxable combined‑purpose building bonds and to designate bond counsel for the issuance.
Staff confirmed the sale is set for April 21 at noon. Board members described the routine nature of the action and the need to have alternates available to sign closing documents on the sale date if the president or clerk are unavailable.
Neil Cass moved to approve the resolution; Derek Jones seconded. The board recorded unanimous aye votes from Matt Nelson, Derek Jones, Neil Cass, Jared Moer and Lane Jones.
The board also approved a standing authorization for acting officials to execute necessary documents on the bond sale day (vice president as acting president; assistant/deputy clerk as acting clerk).
