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Board schedules public hearing on $880,000 working cash fund bond sale
Summary
At its Sept. 23 meeting, the Georgetown-Ridge Farm CUD 4 board listed a public hearing on the intent to sell $880,000 in Working Cash Fund Bonds to increase the district’s working cash fund; the minutes record the hearing on the agenda but do not include a vote outcome in the excerpt provided.
The Georgetown-Ridge Farm Community Unit District #4 board listed a public hearing on the intent to sell $880,000 in Working Cash Fund Bonds at its Sept. 23, 2024 regular meeting, held at the Superintendent’s Office in Georgetown. Board President Kevin Latoz called the meeting to order at 6:00 PM and the agenda identified the bond hearing as item 2.
The minutes show the hearing was placed on the agenda for board consideration but do not record any formal vote or final decision on the bond sale in the excerpt provided. The agenda item is described as "intent of the Board of Education of the District to sell $880,000 Working Cash Fund Bonds to increase the District’s working cash fund." No additional details about proposed terms, use of proceeds, or a vote tally appear in the provided text.
