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SBISD board authorizes issuance of unlimited tax refunding bonds
Summary
Spring Branch ISD trustees authorized the issuance of unlimited tax refunding bonds and empowered pricing officers to finalize terms, approving the order in a 6-0 vote on Jan. 27.
The Spring Branch ISD Board of Trustees on Jan. 27 approved an order authorizing the issuance of Unlimited Tax Refunding Bonds, subject to parameters and authorizing pricing officers to approve final terms. Secretary Walker Agnew Jr. moved the motion and Vice President Caroline H. Bennett seconded; the board approved the order by a 6-0 vote.
The minutes state the board provided authorization for bond issuance, security, payment provisions, and other related enactments but do not publish specific dollar amounts, interest-rate parameters, or pricing officer names beyond the motion text. For bond particulars (par amount, pricing, and timelines), the district's bond sale documents and the official order should be consulted once posted.
