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Trustees approve redemption plan for $4.5 million in bond funds, will consider bids next meeting
Summary
The board approved redemption of $4,500,000 in bond funds and directed that bids be considered at the next meeting; the motion passed unanimously.
Trustee Bryan Bartlett moved that the board approve redemption of $4,500,000 in bond funds and to consider bids at the next meeting; the motion was seconded by Jessica Cowden and recorded as passed unanimously (Yea: 7, Nay: 0).
The minutes show the decision to redeem the specified bond funds and to solicit or consider bids at the next board meeting. The motion does not record detailed financing parameters or timelines; the board delegated follow‑up steps to staff for bid solicitation and additional disclosures at the subsequent meeting.
