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Chisholm Board approves bond-sale resolution, motion references $2.7 million issuance
Summary
The board voted unanimously to approve a resolution setting maturities and scheduling a sale for Taxable Combined Purpose Building Bonds; the motion recorded $2,700,000 for the issuance though the agenda earlier referenced $2,470,000.
The Chisholm Board of Education approved a resolution to determine maturities and set a date, time and place for the sale of Taxable Combined Purpose Building Bonds. The motion recorded in the minutes specifies a $2,700,000 issuance and designates bond counsel; Cory Moore moved the resolution and Geri Ayers seconded. The vote was 5–0 in favor.
The agenda text before the motion lists $2,470,000 in one place and the motion text records $2,700,000; the board ultimately passed the motion as recorded at $2,700,000. The minutes do not include additional detail about maturities, interest assumptions or the planned use of proceeds; the board also designated bond counsel in the same motion.
