Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Palo council approves private school revenue bonds for Xavier School Project
Summary
After a brief public hearing, the Palo council voted 5-0 to approve Resolution 021726A authorizing issuance of Private School Revenue Bonds, Series 2026, for the Xavier School Project.
The Palo City Council opened and closed a public hearing on proposed issuance of private school revenue bonds for the Xavier School Project on Feb. 17 and approved Resolution 021726A authorizing the issuance of Private School Revenue Bonds, Series 2026.
Mayor Busch opened the hearing at 6:43 p.m. and closed it at 6:44 p.m. The meeting record shows a motion by Van Kerckhove, seconded by Hanover, to approve the resolution; the motion carried 5-0. The transcript contains no substantive public comment opposing or amending the bond authorization, and no bond terms were recorded in the meeting minutes beyond the Series designation and project name.
What’s next: administrative steps to finalize bond documents typically follow council authorization; the transcript does not record further financing details or closing dates for the bond issuance.
