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USD 506 board approves lease-purchase resolution with Labette Bank
Summary
The Labette County USD 506 board unanimously approved a lease-purchase agreement resolution with Labette Bank on Dec. 11; trustees voted 6-0 to authorize the financing. The action was part of routine business at the Altamont board meeting.
The Board of Education of Labette County Unified School District 506 voted unanimously Dec. 11 to approve a lease-purchase agreement resolution with Labette Bank, authorizing the district to proceed with the financing.
Trustee Kevin Cole moved for approval and Trustee Justin Bebb seconded; the board recorded a 6-0 vote in favor. The resolution was presented during the action-items portion of the meeting and passed without discussion or amendment. The board adjourned at 7:54 p.m.; its next regular meeting is scheduled for Jan. 8, 2024, at Altamont Grade School.
