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District consultants report successful $34.625M CFD No. 2019‑1 bond sale
Summary
Consultants told the Sulphur Springs Union School District board that the District sold $34,625,000 in 2024 Series A CFD No. 2019‑1 bonds, producing about $33.2 million available for project spending; trustees acknowledged the report during the Nov. 13 meeting.
Khushroo Gheyara, Executive Vice President of Caldwell Flores Winters Inc., reported that the District completed a public sale of $34,625,000 in 2024 Series A bonds tied to CFD No. 2019‑1 and that the transaction generated approximately $33.2 million in funding availability for project spending. The sale followed approval of required legal documents and posting of a Preliminary Official Statement.
Trustees thanked the district and consultants for the work that supported the sale. The board heard the report as part of the conference calendar; there was no formal vote to authorize bond issuance recorded in the minutes beyond the informational sale report.
