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Shawnee school board approves $4.02 million building-bond sale and names bond counsel
Summary
The Shawnee Board of Education voted April 13 to set maturities and schedule the sale of $4,020,000 in Combined Purpose Building Bonds and to designate bond counsel for the issuance; the motion passed unanimously among members present (6-0, one absence).
The Board of Education of Independent School District No. 93 voted April 13 to set maturities and schedule the sale of $4,020,000 in Combined Purpose Building Bonds and to designate bond counsel to handle the issuance.
Board member Clif Harden moved to approve the bond-sale resolution; Russ Oliver seconded, and the motion "carried," with six members voting yes and one member, Kristen Wilson, absent. The resolution sets a date, time and place for the sale and delegates authority to bond counsel to complete issuance steps.
The action was taken during the superintendent's announcements and followed standard procedures for financing building projects. The board did not discuss specific bond maturities or the use of proceeds during the recorded motion. The district listed the bond amount on the agenda as $4,020,000.
Next steps typically include finalizing sale logistics with the designated bond counsel and publishing notices required under state law before the bonds are marketed.
