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Raymondville ISD authorizes Tax Anticipation Note Series 2026 and delegates negotiation to superintendent
Summary
The board authorized the issuance of a Tax Anticipation Note, Series 2026, and delegated authority to the superintendent to negotiate terms within approved parameters. The authorization was included as consent item VII.A.4 and passed as part of the consent agenda.
The Raymondville ISD Board on June 29 authorized the issuance of a Tax Anticipation Note, Series 2026, and delegated authority to the superintendent to negotiate and finalize terms within parameters approved by the board.
The authorization appears as consent agenda item VII.A.4. The board discussed the consent agenda, pulled select items for clarification, then voted to approve items VII.A.1 through D.2, which included the Tax Anticipation Note authorization, on a 7–0 recorded vote.
No specifics about the principal amount, interest rate, repayment schedule or lender were provided in the public minutes; the agenda directs the superintendent to finalize terms within the board’s approved parameters.
