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Board reviews resolution authorizing ground lease to Bryan County School Finance Authority
Summary
The board considered a resolution to lease district property to the Bryan County School Finance Authority and authorized district officers to execute a Ground Lease Agreement; the minutes record a motion to approve but do not specify the vote tally.
During Agenda Item #4, the SILO board considered a Resolution authorizing the leasing of certain district real property to the Bryan County School Finance Authority and authorizing the president, clerk and superintendent to execute documents related to the Ground Lease Agreement. The motion to approve the Resolution was recorded in the minutes as "MOTION #2 Motion to approve the Resolution authorizing the leasing of certain real property to the Bryan County School Finance Authority," but the minutes do not list a mover, seconder or the roll-call vote for that motion.
The minutes identify the Bryan County School Finance Authority as the finance entity involved and instruct district officers to execute the ground-lease paperwork if approved. The minutes do not include property descriptions, lease terms, or vote outcome details; those details would be found in the Ground Lease Agreement and related documents referenced by the board.
