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Board agenda includes authorization language for unlimited tax school building bonds, Series 2025
Summary
Item 3.C on the July 29 agenda proposes an order authorizing 'unlimited tax school building bonds, series 2025' and levying an ad valorem tax to pay them; the transcript includes the authorization language but does not record bond amounts, sale terms, or a vote.
The Agua Dulce ISD agenda lists an order (item 3.C) authorizing the issuance of "unlimited tax school building bonds, series 2025," including levying a continuing direct annual ad valorem tax for payment of the bonds and approving related procedures and documents. The item signals the board's intent to consider formal authorization for bond issuance.
The public transcript provides the agenda language but does not include details such as principal amount, interest rate, financing timetable, underwriter selection, or a recorded vote. Because those specifics are not in the supplied segments, this report does not characterize the financial terms or outcomes of any bond action.
