Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Bonds topic
No spam. Unsubscribe anytime.
Osseo school board authorizes $99.145 million in bonds to fund projects
Summary
The Osseo Public School District board approved a resolution authorizing $99,145,000 in general obligation school building and refunding bonds, Series 2026A, including credit enhancement and tax‑exempt reimbursement compliance; the vote was 6–0.
The Osseo Public School District school board approved a resolution authorizing issuance and sale of $99,145,000 in general obligation school building and refunding bonds, Series 2026A. The motion was made by Thomas Brooks, seconded by Erica Foster, and carried on a vote of 6 to 0.
Board materials recorded that the resolution provides for credit enhancement and establishes compliance with reimbursement bond regulations under the Internal Revenue Code. The approval clears the legal steps the district identified as required to proceed with sale and issuance of the series. The board did not record further public debate in the meeting minutes.
