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Ropes ISD board authorizes issuance of Unlimited Tax School Building Bonds, Series 2025
Summary
The board adopted an order authorizing the issuance, sale and delivery of Ropes ISD Unlimited Tax School Building Bonds, Series 2025, by a 5-0 vote at the July 14 meeting; the minutes record the formal action but do not state the principal amount.
The Ropes Independent School District Board of Trustees adopted an order authorizing the issuance, sale and delivery of the district's Unlimited Tax School Building Bonds, Series 2025. Trustee Blake Thrash moved for adoption, Trustee Chad Brooks seconded, and the motion passed 5-0.
The minutes record the board-level authorization necessary to proceed with the bond issuance process; the order's adoption is recorded but the minutes do not specify the bonds' principal amount, interest terms, or underwriters. The action follows the board's separate adoption of a bond counsel engagement resolution earlier in the meeting.
