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Board approves surety bond for 2026 bond issue with $2,076 premium

Board of Education of Jacksonville School District #117 · January 21, 2026
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Summary

Trustees authorized a surety bond for the district's 2026 bond issue and approved payment of the annual premium of $2,076.00; the motion passed unanimously.

The board approved the surety bond for the 2026 Bond Issue and authorized payment of the annual premium of $2,076.00. Mrs. Wilson moved the approval and Mrs. Stewart seconded; the motion passed with all six trustees voting yea.

The approval appears in the meeting minutes as a discrete action item with the premium amount specified. The district's bond counsel or finance staff may provide further contract details upon request; the official bond documentation will be part of the finance file.