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Board approves separate resolution for GO refunding bond series 2026B
Summary
Trustees approved action item C to authorize general obligation refunding bond series 2026B; the measure was framed as complementary to the earlier resolution and voted unanimously.
Dr. Fitzpatrick presented action item C recommending authorization of general obligation refunding bond series 2026B and explained the district is seeking flexibility to pursue multiple refunding opportunities as market conditions allow. Trustees were briefed that the two resolutions are intentionally separated so one transaction can proceed if the other does not.
After brief discussion and affirmations of the plan, the board voted unanimously to approve the resolution authorizing series 2026B. The superintendent and staff will continue to coordinate with financial advisers to determine market timing and execution.
