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MARFA ISD board approves order authorizing defeasance and redemption of district debt
Summary
The MARFA ISD Board of Trustees approved an order authorizing defeasance and redemption of certain outstanding district debt Aug. 27; the motion passed unanimously, 4-0.
The MARFA ISD Board of Trustees voted Aug. 27 to approve an order authorizing the defeasance and redemption of all or a portion of certain outstanding district debt. The motion was made by Board Secretary Rene Gonzales and seconded by Board Member Estela Fuentez; the vote was recorded as 4-0 in favor.
The minutes do not specify the principal amounts, series identifiers or timing for any scheduled redemptions; those financial details were not included in the meeting minutes and are not specified in the public record provided. The action was presented as a formal order and approved on the consent of the board.
