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Palacios ISD trustees approve roughly $3 million school bond issuance
Summary
The Palacios ISD Board of Trustees unanimously approved an order to issue the district's Unlimited Tax School Building Bonds, Series 2025, for approximately $3,000,000, as authorized by the May 2019 bond election.
The Palacios ISD Board of Trustees voted unanimously Aug. 12 to approve an order authorizing issuance of the district's Unlimited Tax School Building Bonds, Series 2025, in the approximate amount of $3,000,000. Ron Laws moved to approve the Bond Order 2025 and Haley Garcia seconded; the motion passed 7–0.
The bond issuance was presented under agenda item 3A as implementing the purposes authorized by the May 2019 bond election. The motion on the record was: "I make a motion to approve the Bond Order 2025." The recorded vote was Becky Aguilera: Yea; Brian Busby: Yea; Carl Filip: Yea; Haley Garcia: Yea; Dane Kubecka: Yea; Ron Laws: Yea; Fabian Marroquin: Yea.
The board did not record additional detail in the transcript about the bond's specific project allocations or the expected tax impact; those specifics were not specified in the meeting record. Next procedural steps and timetable for sale or pricing of the bonds were not provided in the transcript.
