Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bonds topic
No spam. Unsubscribe anytime.
ISD 361 board adopts intent to issue up to $2.7 million in general obligation bonds
Summary
The board adopted a resolution stating its intent to issue general obligation facilities maintenance bonds, Series 2026A, in a maximum aggregate principal amount of $2,700,000. The motion passed 5–1 with Dale Johnson recorded as Nay.
The Independent School District No. 361 board on Aug. 18 adopted a resolution stating its intention to issue general obligation facilities maintenance bonds, Series 2026A, in a maximum aggregate principal amount of $2,700,000.
The motion was moved by Jessica Crosby and seconded by Roxanne Skogstad-Ditsch. The minutes show the motion carried with five votes in favor, one dissenting vote by Dale Johnson, and one board member absent. The resolution signals the board's formal step toward bonding for facilities maintenance; exact issuance timing, interest rates and final terms will be determined through subsequent administrative and legal steps required before sale.
