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Board adopts resolution authorizing issuance and sale of Durand Area Schools 2025 Refunding Bonds
Summary
The Durand Area Schools Board unanimously adopted a resolution authorizing issuance and delegating sale of its 2025 Refunding Bonds. The motion was moved by member Nick Taylor, supported by member Jake Zdunic, and passed on a 6-0 roll call vote.
The Durand Area Schools Board of Education on Nov. 11, 2024 unanimously adopted a resolution authorizing the issuance and delegating the sale of the district's 2025 Refunding Bonds as presented. Member Nick Taylor moved the resolution and member Jake Zdunic supported the motion; the roll call vote was recorded as AYES: all (6), NAYS: none (0).
The minutes record the board's formal adoption of the resolution but do not include additional details in the text provided — the principal amount, refunding plan specifics, timing, and use of proceeds are not specified in the minutes. The resolution language in the minutes is recorded as authorizing issuance and delegating sale of 'Durand Area Schools 2025 Refunding Bonds.'
The action was recorded under 'Votes and Resolutions' and was adopted 'as presented.' No further public discussion or staff presentation on the bond's purpose or fiscal impact is included in the minutes provided.
