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Board told Home Abstract will close district land transaction with City of Waco; resolution to authorize signing is being drafted
Summary
Mr. Skeeler said Home Abstract is handling the closing on land acquired from the City of Waco and that the district's attorney is drafting a resolution authorizing the superintendent to sign at closing; the minutes record no final board vote on a specific resolution at this meeting.
Mr. Skeeler reviewed the district's pending land transaction with the City of Waco and said Home Abstract is conducting the closing. He told trustees that a board resolution authorizing the superintendent to sign closing documents will be required and that the district's attorney is drafting that resolution.
The item was informational; the minutes do not record that the board adopted the resolution at this meeting. Staff indicated additional paperwork remains to complete the closing and that the attorney will bring a resolution for formal board consideration.
