Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Capital Projects topic
No spam. Unsubscribe anytime.
Yantis ISD hears elementary renovation financing options and tables maintenance tax notes decision until May
Summary
Samco Capital presented funding options for the elementary renovation project. Trustees voted 6–0 to table consideration of using maintenance tax notes/time warrants until the May meeting.
Doug from Samco Capital presented financing options for a portion of the elementary renovation project, describing maintenance tax notes/time warrants as one possible vehicle for part of the funding. The presentation was delivered via Zoom and discussed alternatives for funding the renovation work.
After the presentation Trustee Ashly Vivion moved to table consideration of using maintenance tax notes for the elementary project until the May meeting; Trustee Tyra Kenemore seconded and the motion carried 6–0–0. The board thus postponed a decision on issuing maintenance tax notes and left funding deliberations open for the next regular meeting.
The transcript does not include specific dollar amounts for the project or a recommended financing plan. Trustees listed a maintenance tax note resolution as a future agenda item for the May meeting.
