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Van Alstyne ISD board renames bond account after August bond issuance
Summary
Trustees approved renaming the district's Bond 3 bank account to Bond 5 at South State Bank and confirmed authorized signatories including the superintendent and board officers; the motion passed 7–0.
The Van Alstyne ISD Board of Trustees approved changing the name of the district’s Bond 3 bank account to Bond 5 at South State Bank on Aug. 29, following the district’s receipt of new bonds in August.
The board record lists the authorized signatories on the account as David Brown, Superintendent of Schools; Renee Chote, chief financial officer; Randall Morgan, board president; and Darrell Williams, board vice president. Mark Freeman moved to approve the name change; Debbie Nance seconded the motion and the board voted 7–0 to approve.
No additional conditions were recorded for the account change. The item was presented as an administrative action tied to recent bond activity; trustees did not request further documentation during the brief discussion.
