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Royalton school board ratifies refunding bond sale

ROYALTON PUBLIC SCHOOL DISTRICT School Board · October 14, 2024
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Summary

The Royalton Public School District board unanimously approved a resolution ratifying a refunding bond sale on Oct. 14, 2024. The motion passed 6-0; the transcript does not specify the bond amount or financing details.

The Royalton Public School District board voted unanimously Oct. 14 to ratify a refunding bond sale intended to refinance existing district debt. Board member Tyra Baumann moved the resolution and Maria Traut seconded; the motion passed by a 6-0 vote.

The transcript records only the motion and the unanimous vote and does not list the bond principal, interest rate, refunding savings estimate or the underwriter. The board did not provide those financing details in the public record of this meeting (not specified).

Board members who voted yes were Tyra Baumann, Lucas Boyd, Randy Hackett, Rian Hofstad, Angela Roering and Maria Traut. Next procedural steps for implementing the refunding were not detailed at the meeting.