Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Bonds topic
No spam. Unsubscribe anytime.
Midlothian ISD board authorizes up to $150 million in school building bonds
Summary
Trustees approved an order authorizing issuance of up to $150,000,000 in Unlimited Tax School Building Bonds, Series 2026, including authorization to proceed with sale documents and prepare an official statement; vote passed 5-1-1.
The Midlothian ISD Board of Trustees voted May 18 to authorize the issuance of Unlimited Tax School Building Bonds, Series 2026, not to exceed $150,000,000 in principal. The order authorizes levy of taxes to secure the bonds, award of sale within specified parameters, execution of purchase and paying agent/registrar agreements and preparation of an official statement.
The motion, made by Trustee Jessica Ward and seconded by Gary Vineyard, passed 5-1-1 (Ed Harrison voted no; one member absent). The authorization gives district officials and bond counsel authority to proceed with the bond sale under the parameters approved by the board.
