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Board approves order calling bonds for redemption on Series 2015 refunding

Red Oak ISD Board of Trustees · November 18, 2024
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Summary

Red Oak ISD trustees voted unanimously to approve an order calling bonds for redemption related to the District's Unlimited Tax Refunding Bonds, Series 2015, after a presentation by the CFO.

The board voted 7-0 to approve an order calling bonds for redemption and related matters for Red Oak ISD's Unlimited Tax Refunding Bonds, Series 2015 following a presentation by Chief Financial Officer Dr. Bill Johnston.

Brian Sebring moved to approve the order; Donna Knight seconded. The minutes record the motion and the unanimous vote but do not provide the redemption schedule, financial terms, or projected savings; those details were not specified in the minutes and would be in the district's bond documents or a financial attachment if produced.