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Wills Point ISD board approves unlimited tax school building bonds, Series 2026
Summary
The Wills Point ISD Board authorized issuance of unlimited tax school building bonds, Series 2026, approving related documents and levying an ad valorem tax for repayment; the motion passed unanimously at the May 11 meeting.
The Wills Point ISD Board of Trustees on May 11 adopted an order authorizing the issuance of "Wills Point Independent School District unlimited tax school building bonds, Series 2026," and approved related documents including an official statement, a paying agent/registrar agreement and a purchase contract. Trustee Jesse Everett moved the measure and Dr. Ben Curtis seconded; all seven members present voted in favor.
The board resolution authorizes the district to levy a continuing direct annual ad valorem tax for payment of the bonds and instructs district staff to proceed with sale and closing steps described in the order. The motion as recorded states the board approved distribution of the official statement and compliance with the letter of representations on file with the Depository Trust Company. No dollar amount for the bonds or sale timetable was specified in the meeting record.
