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Board approves 2016 bond refunding resolution
Summary
Trustees unanimously approved a resolution to refinance/refund the 2016 bond at the Feb. 9 meeting; minutes record the motion and a 7-0 vote but do not include refinancing terms in the minutes.
The Cedar Springs Public Schools Board adopted a 2016 Bond Refunding Resolution during the Feb. 9 meeting. The motion was made by Bowser, seconded by Patin, and recorded as approved on a 7-0 roll-call vote.
The minutes identify the item as a bond-refunding resolution presented by administration; they do not provide the refunding terms, expected savings, or next administrative steps in the text of the minutes. The board's recorded action authorizes administration to proceed with the resolution as presented.
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