Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Mfa Borrowing Resolution topic
No spam. Unsubscribe anytime.
Board removes proposed Michigan Finance Authority borrowing resolution
Summary
The Board voted to strike a proposed "Approval of Resolution to Borrow through (MFA) Michigan Finance Authority" from the agenda, saying the district does not anticipate borrowing; motion carried 6'0'00.
Board member Jennifer Johnson moved, and Roberts supported, a motion to strike the "Approval of Resolution to Borrow through (MFA) Michigan Finance Authority" from the agenda because the district does not anticipate borrowing from the Michigan Finance Authority. The minutes record the motion and the rationale: "Motion by Johnson, supported by Roberts to strike the 'Approval of Resolution to Borrow through (MFA) Michigan Finance Authority. The district does not anticipate borrowing from MFA. Motion carried 6-0."
The removal of the borrowing resolution means the board will not take further action on MFA borrowing at this meeting. The motion passed unanimously; no public comments were offered during the session.
