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Board authorizes unlimited tax refunding bonds, Series 2026
Summary
Trustees approved an order authorizing the issuance and sale of Santa Fe ISD Unlimited Tax Refunding Bonds, Series 2026, and empowered a pricing officer to set terms.
The board approved an order authorizing the issuance, sale and delivery of Santa Fe Independent School District Unlimited Tax Refunding Bonds, Series 2026; the order also authorized a pricing officer to approve the amount, interest rates, price, redemption provisions and terms.
"I move that we approve the Order Authorizing the Issuance, Sale and Delivery of Santa Fe Independent School District Unlimited Tax Refunding Bonds, Series 2026, in One or More Series; Authorizing a Pricing Officer to Approve the Amount, the Interest Rates, Price, Redemption Provisions and Terms Thereof and Certain Other Procedures and Provisions Related Thereto; and Containing Other Matters Related Thereto," said Eric Davenport when moving the item. The motion was seconded by Clay Hertenberger and recorded as carried 6–0 (one absence).
The minutes state the board authorized the general refunding order and delegated pricing authority; they do not list the principal amount, interest rates or specific pricing details, which typically are set later by the pricing officer.
