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Trustees adopt GANN limit and authorize issuance of Series C bonds

Kenwood Board of Trustees · October 2, 2025
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Summary

The Board approved Revised Resolution #1017 adopting the GANN limit for 2024–25 and passed Resolution #1018 authorizing the issuance and sale of General Obligation Bonds (2022 Election, Series C).

The Board approved Revised Resolution #1017 adopting the GANN limit for the 2024–2025 fiscal year on a motion by Board member Pat Alexander, seconded by Javier Tenorio. Later, the Board approved Resolution #1018 authorizing the issuance and sale of General Obligation Bonds, 2022 Election, Series C, on a motion by Teresa Jepson, seconded by Javier Tenorio.

The minutes record the resolutions by number and the trustees who moved and seconded the motions; the record does not include vote tallies or further bond details such as amounts or underwriting terms.