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Meristem Advisors briefs River Forest board on bond and financing options
Summary
A presentation by James Rachlin of Meristem Advisors introduced potential bond-financing options and allowed the Board to reflect on future financial decisions; the item was informational and prompted a lengthy Board discussion, with no vote recorded.
James Rachlin of Meristem Advisors presented financing options to the Board to help inform future decisions about bonding and capital planning. The presentation was intended to help the Board reflect on financial options; Board members engaged in a lengthy discussion but the minutes record no formal motion or action on bonding.
The item was introduced by Chief Operations Officer Anthony Cozzi and recorded in the Superintendent's Report portion of the meeting. The minutes do not provide the presentation's numerical scenarios or suggested issuance amounts; follow-up work by the Business Office and financial advisors would be required to move any bond proposal to a formal vote.
