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Board approves resolution authorizing bond defeasance
Summary
Specialized Public Finance presented a bond defeasance resolution; the Board approved the resolution in a unanimous vote among trustees present.
Dan Wegmiller of SPF with Specialized Public Finance presented a resolution authorizing a bond defeasance, explaining the financing option to the Board. After discussion, a motion to approve the resolution was made and adopted by the Board.
"Motion to approve the resolution authorizing a bond defeasance," the minutes record; Ken Strange moved and Andrea Justus seconded the motion. The motion passed with Yea: 6, Nay: 0, Absent: 1.
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