Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bonds topic
No spam. Unsubscribe anytime.
Board directs staff to prepare $160 million bond resolution and file with elections office
Summary
Trustees voted to direct the superintendent and the district’s finance staff to work with bond counsel to prepare a resolution increasing the district bond ask to $160 million and file it by the county deadline; the verbal motion passed by voice vote.
At the end of a lengthy discussion about SCAP/WACC eligibility, a trustee moved to direct district staff and bond counsel to prepare updated ballot language and a resolution asking voters for $160,000,000. The superintendent proposed the motion wording directing "the superintendent and the chief financial officer to work with the district's bond attorney to develop a resolution... with the ask of a $160,000,000." A trustee formally moved and another seconded; the chair called for a voice vote and the motion passed.
The board did not record a roll-call tally in the transcript; earlier in the meeting the chair noted all active board members were present except Mary Anne (excused). The motion was seconded and approved by voice vote; staff said the bond attorney will update project lists from the previously approved resolution 25-10 and prepare the filing. The board instructed staff to return with any revised numbers if counsel requires additional approval.
