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Board approves annual school bond qualification and loan program resolution
Summary
The board certified qualified debt millage and approved estimated borrowing/repayment amounts under the School Bond Qualification and Loan Program, voting unanimously to adopt the resolution.
The Durand Area Schools Board of Education voted to approve the annual School Bond Qualification and Loan Program resolution, certifying an amount of qualified debt millage to be levied and estimating amounts to be borrowed from or repaid to the fund.
Member Jake Zdunic moved and member Nick Taylor supported the motion; the resolution was approved by roll call (AYES: All (4)). No public comment or amendment was recorded during the discussion.
The minutes list the resolution as a routine annual certification required to participate in the bond qualification and loan program; the motion did not include a specified dollar amount in the minutes.
