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Princeton ISD board authorizes unlimited-tax bonds for school building and refunding
Summary
Trustees unanimously adopted an order authorizing the issuance and sale of "Princeton Independent School District Unlimited Tax School Building and Refunding Bonds" to support construction and refunding needs.
The Princeton ISD Board of Trustees voted unanimously to adopt an order authorizing the issuance and sale of "Princeton Independent School District Unlimited Tax School Building and Refunding Bonds" in one or more series. The motion was made by Julia Schmoker and seconded by Carlos Cuellar; the board recorded unanimous approval.
The motion authorizes the district to pursue unlimited-tax bonds for school building and refunding purposes; the minutes do not specify the total principal amount, series structure, bond counsel, or sale timeline. Board members approved the authorization as part of the regular business agenda, enabling the district to proceed to next steps as required by bond issuance procedures.
