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Marlow school board awards $2.27 million in general obligation building bonds to lowest bidder

Marlow Public Schools Board of Education · April 22, 2025
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Summary

The Marlow Public Schools Board received bids and voted April 22, 2025 to award $2,270,000 in General Obligation Building Bonds to the lowest bidder; the minutes do not identify the winning bidder or interest terms.

The Marlow Public Schools Board voted to accept bids and award $2,270,000 in General Obligation Building Bonds to the lowest bidder during its April 22 special meeting. The motion to approve bids and award the bonds was made by Mark O'Neal and seconded by Cody Bannister; the minutes record unanimous "Yea" votes from Bannister, Karmen Farmer, Larry Johnson and O'Neal.

The minutes record the dollar amount of the offering—$2,270,000—but do not include the name of the winning bidder, interest rate, or other bid terms. The board’s action authorizes officials to proceed with awarding the sale to the low bidder as recorded in the meeting minutes.

The vote on awarding the bonds is recorded in the official minutes of the special meeting held April 22, 2025.