Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Laraway board approves resolution to redeem portions of outstanding lease obligations
Summary
The board approved a resolution May 20, 2025 to redeem and pay portions of outstanding General Obligation Lease Obligations (Alternate Revenue Source) Series 2016 and 2017, and General Obligation Lease Certificates Series 2017A. The vote was 7–0.
The Laraway Board approved a financial resolution at the May 20 meeting authorizing redemption and payment of portions of the district’s outstanding lease obligations.
"Move to approve the Resolution providing for the redemption and payment of a portion of the outstanding General Obligation Lease Obligations (Alternate Revenue Source), Series 2016, General Obligation Lease Obligations (Alternate Revenue Source), Series 2017, and General Obligation (Limited Tax) Lease Certificates, Series 2017A, of the District, as presented," moved Mrs. Matenaer. The board voted unanimously (7-0) in favor.
The minutes do not list dollar amounts, payment schedules, or sources of funds for the redemptions. Those financial details are typically included in the resolution document or staff packet accompanying the agenda; they are not reproduced in the public minutes.
