Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bond Financing topic
No spam. Unsubscribe anytime.
Trustees approve reimbursement resolution and choose construction-manager-at-risk delivery method
Summary
Board adopted a resolution to reimburse prior capital expenditures from future tax-exempt bond proceeds and unanimously selected the construction manager-at-risk delivery method for upcoming projects tied to bond financing.
The board unanimously approved a resolution expressing the district’s intent to reimburse prior lawful capital expenditures from the proceeds of future tax-exempt obligations. Trustee Robert Anderson moved the resolution and Trustee Chris Pratt seconded; the motion passed without opposition.
In related action the board selected a construction-manager-at-risk delivery method for upcoming construction projects. Robert Anderson made the motion to select that delivery method, Will Sudweeks seconded, and trustees voted unanimously. Administration said the decisions align with the district’s planning for elementary construction and bond financing.
