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Dewey board approves resolution authorizing $1.41M general obligation bond issuance
Summary
The board unanimously approved a resolution authorizing issuance of $1,410,000 in general obligation building bonds—prescribing form, registration and an annual tax levy for payment of principal and interest—during the Jan. 9 special session.
The Dewey Public Schools board approved a resolution Jan. 9 providing for the issuance of $1,410,000 in General Obligation Building Bonds authorized at an election called for that purpose.
The resolution prescribes bond form and registration, provides for levy of an annual tax for payment of principal and interest, and fixes other details of the issue. David Cleveland moved the resolution; Amanda Guilfoyle seconded it. The vote was recorded as unanimous (Julie Davis, David Cleveland, Amanda Guilfoyle and Amanda Nichols voting yes).
Board minutes show the authorization ties back to a prior election approving bonds for the district; minutes do not include the ballot language or election date in the recorded segments.
