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Board approves resolution to set sale for $1,290,000 general obligation bonds
Summary
The board approved a resolution setting maturities and establishing a date, time and place for the sale of $1,290,000 in General Obligation Combined Purpose Bonds for the district.
The Pond Creek-Hunter Board voted to consider and take action on a resolution determining maturities and setting a date, time and place for the sale of $1,290,000 in General Obligation Combined Purpose Bonds for the school district. The motion was made by Justin Bentley, seconded by Jason Williams, and the vote was recorded as carried by all five members.
The transcript records the bond amount ($1,290,000) and the board's unanimous approval to proceed with the resolution process; the motion did not record further details such as sale timetable, counsel involved, or bond counsel recommendations in the transcript. The board's action establishes the administrative steps needed to market the bonds.
