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Board approves request to increase Regions line of credit; terms not disclosed
Summary
The Tarrant Board of Education approved a superintendent recommendation to increase the district's Regions line of credit on June 30; the meeting record does not specify the new credit limit or terms.
Dr. Sherlene McDonald recommended that the board approve an increase to the district's Regions line of credit. The minutes record the superintendent's presentation and a recommendation to approve the request.
Mr. Jesse Mendez moved to approve the request and Mrs. Laura Horton seconded. The motion passed unanimously (4–0). The transcript does not include the proposed increase amount, interest rate or repayment terms; those details are not specified and should be obtained from the business office for public record.
