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Cameron board authorizes $8.7 million bond anticipation note
Summary
The board adopted a resolution authorizing the issuance and sale of an $8,700,000 bond anticipation note pursuant to Section 67.12(1)(b) of the Wisconsin Statutes; motion carried Dec. 16.
The Cameron Board of Education voted Dec. 16 to authorize the issuance and sale of an $8,700,000 Bond Anticipation Note (BAN) pursuant to Section 67.12(1)(b), Wisconsin Statutes. The motion was made by Bethany Stevens and seconded by Gene Phillips; the minutes record the motion as carried.
The minutes identify the approval as a formal resolution authorizing the BAN; the meeting record does not provide additional parameters such as interest rate, purchaser, or specific use of proceeds. The resolution cites statutory authority for BAN issuance under Section 67.12(1)(b).
