Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bond Financing topic
No spam. Unsubscribe anytime.
BCISD board authorizes Unlimited Tax School Building Bonds, Series 2024
Summary
The Bishop Consolidated Independent School District Board of Trustees approved an order authorizing the issuance, sale and delivery of the "Unlimited Tax School Building Bonds, Series 2024," and levied a continuing ad valorem tax for repayment. The motion passed unanimously during the Aug. 13 special meeting.
The Bishop Consolidated Independent School District Board of Trustees voted to authorize issuance of the "Unlimited Tax School Building Bonds, Series 2024." The approval came during the special board meeting held Aug. 13, 2024 in the Luehrs Junior High School Library.
Board President Dawn Cavanaugh announced that Jeanette Gonzalez moved to approve the order and Judy Murdoch seconded the motion. After asking if there was any further discussion, Cavanaugh called for a vote; she then announced that "the motion passed with a 5-0 vote." The action authorizes the district to issue, sell and deliver the bonds and to levy a continuing direct annual ad valorem tax for their payment.
The vote was recorded as AYE 5, NAY 0. The board did not record additional details about principal amount, interest rate or delivery schedule in the meeting minutes presented.
