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Trustees approve extension and amendments to standby bond purchase agreement for Series 2006 bonds
Summary
The board authorized adoption of an order approving and authorizing an extension of and amendments to the standby bond purchase agreement for Rockwall ISD Variable Rate Unlimited Tax School Building Bonds, Series 2006.
The Rockwall ISD Board of Trustees voted April 20 to adopt an order approving and authorizing an extension of and amendments to the existing standby bond purchase agreement related to the District's Variable Rate Unlimited Tax School Building Bonds, Series 2006.
Amy Hilton moved the action and Stan Britton seconded. The minutes record the motion as passing 5–0 with Dr. Steve Albers and Grant DuBois absent. The minutes record the subject and the vote but do not include further financial details, such as the fiscal impact or the terms of the amendments.
The public minutes do not record follow-up steps beyond adoption of the order; legal or finance staff would typically complete implementing documents consistent with the board action.
