Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Debt Financing Promissory Notes topic
No spam. Unsubscribe anytime.
Board sets parameters for up to $17 million in general obligation promissory notes
Summary
The Cameron Board voted to authorize a resolution establishing parameters for the sale of up to $17,000,000 in General Obligation Promissory Notes; motion by Jeff Gifford, seconded by Scott Keeler.
The board adopted a resolution to authorize the issuance of a portion of and to establish parameters for the sale of not-to-exceed $17,000,000 in General Obligation Promissory Notes. The motion was made by Jeff Gifford and seconded by Scott Keeler; the minutes record the motion as carried.
The minutes do not include specific sale terms, use of proceeds, or a vote tally. The action places a parameters framework in place so the district can proceed with a future sale consistent with the board-approved limits.
