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Rockwall ISD approves unlimited tax refunding bonds
Summary
The Rockwall ISD board approved an order to issue unlimited tax refunding bonds and delegated related issuance parameters to district officials; the motion passed unanimously among trustees present at the May 18 meeting.
The Rockwall Independent School District Board of Trustees on May 18 approved actions authorizing issuance and sale of unlimited tax refunding bonds and delegated parameters for the sale to district officials.
The motion to approve the order and related matters was made by Dr. Bart Miller and seconded by Stan Britton; the motion passed 4-0 with three trustees absent. The minutes record that the board adopted an order establishing parameters for the sale and delegated certain matters to authorized district officials, but they do not specify bond size, interest rate parameters or the timetable for sale within the minutes text provided.
Board minutes list this as an action item under Finance, Operations & Technology and do not record public comment or amendment to the order during the meeting.
