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Medina ISD board authorizes roughly $500,000 in taxable time warrants
Summary
The Medina ISD Board of Trustees voted 7-0 Sept. 23 to authorize issuance of the district's taxable time warrants, Series 2024, for about $500,000 to be paid primarily from the district's unintended surplus maintenance and operations tax.
President Andy Lautzenheiser presided as the Medina Independent School District Board of Trustees voted to authorize issuance of the district's taxable time warrants, Series 2024, in the approximate amount of $500,000.
Board member David Derry made the motion to authorize the warrants; AJ Stern seconded it and the motion carried 7-0. The minutes state the warrants are payable primarily from the district's unintended surplus maintenance and operations tax. The minutes do not specify a closing date, terms beyond 'taxable series 2024,' or the ultimate use of the proceeds.
