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Anderson-Shiro CISD board approves $2026 Unlimited Tax School Building Bonds
Summary
The Anderson-Shiro CISD Board of Trustees voted 5–0 to authorize issuance of 'Unlimited Tax School Building Bonds, Series 2026,' approving related documents and authorizing engagement of financial advisors and bond counsel.
The Anderson-Shiro Consolidated Independent School District Board of Trustees voted unanimously April 13 to authorize the issuance of "Anderson-Shiro Consolidated Independent School District Unlimited Tax School Building Bonds, Series 2026." The motion, made by Trustee Brandon Novosad and seconded by Trustee Hershel Perry III, carried 5 to 0.
The order approved levy of a continuing direct annual ad valorem tax to pay the bonds, the form and terms of the bonds, distribution of an official statement, and execution of a paying agent/registrar agreement. The board also authorized engagement agreements with the district's financial advisors and bond counsel and compliance with the district's letter of representations on file with the Depository Trust Company. The minutes note this agenda item was moved up in the order of business after visitors were recognized.
The minutes record the board's formal approval and the names of the trustees who moved and seconded the motion; the minutes do not include the bond amount, interest rates, sale date or detailed financing schedules in the public record.
