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Brownsboro ISD board approves order authorizing defeasance and redemption of outstanding bonds
Summary
The board unanimously approved an order authorizing defeasance and redemption of outstanding Brownsboro ISD bonds on a motion by Trustee Greg Wyatt, seconded by Trustee Ronda Cade.
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Trustee Greg Wyatt moved and Trustee Ronda Cade seconded an order authorizing the defeasance and redemption of outstanding Brownsboro ISD bonds; the board approved the order unanimously on Aug. 11.
The minutes record the board's approval but provide no further details on the amount, series, or schedule for the defeasance and redemption. The item was presented during the regular session after the district's budget public hearing and before the tax-rate ordinance vote.
