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Bishop CISD board approves order for Unlimited Tax School Building Bonds, Series 2024
Summary
The Bishop CISD Board of Trustees approved an order authorizing issuance of the "Unlimited Tax School Building Bonds, Series 2024," and levied a continuing ad valorem tax for repayment. The motion passed unanimously at a special Aug. 13 meeting.
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 authorized a continuing direct annual ad valorem tax to pay the bonds.
Trustee Jeanette Gonzalez moved to approve the bond order and Trustee Judy Murdoch seconded. Board President Dawn Cavanaugh called for a vote and announced the motion passed 5-0. The action was taken during a special board meeting on Aug. 13, 2024.
The motion language recorded in the minutes identified the bonds as "Unlimited Tax School Building Bonds, Series 2024." The minutes do not specify a principal amount, repayment schedule or specific capital projects to be financed; those details were not specified in the meeting record.
