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Board approves order to issue unlimited tax refunding bonds
Summary
White Settlement ISD trustees unanimously approved an order authorizing the issuance of unlimited tax refunding bonds after a presentation by Hilltop Securities; the motion passed 6–0. The minutes do not specify bond amounts or timing.
The White Settlement Independent School District Board of Trustees voted unanimously April 20 to approve an Order Authorizing the Issuance of Unlimited Tax Refunding Bonds following a presentation by Mr. Nick Bulaich of Hilltop Securities.
Chief Financial Officer Brandilyn DePalma introduced Mr. Bulaich, and Trustee John Morton moved to approve the order, seconded by Trustee John Bradley. The minutes record: "Motion carried with 6-0." The board roster voting in favor was Krystal Arnold, John Bradley, Ben Davis, Glen Lowry, John Morton and Amanda Sanchez.
The minutes do not include the refunding amount, schedule, or projected savings; those details were not specified in the record. The board’s action authorizes district staff to proceed with the bond issuance process consistent with the adopted order and any subsequent administrative steps required to effectuate the refunding.
