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Bullard ISD Board Authorizes Refunding Bonds, Delegates Completion to Administration
Summary
Trustees voted 6-0 to approve an order authorizing issuance of refunding bonds and delegated authority to district administration to complete the refunding. The motion was offered by Trustee Susie Saxion and seconded by Trustee Stephanie Luper.
The Bullard ISD Board of Trustees approved an order authorizing the issuance of refunding bonds on Oct. 21, 2024 and delegated authority to district administration to complete the refunding within the parameters set by the board. The motion was made by Trustee Susie Saxion and seconded by Trustee Stephanie Luper; the minutes record the vote as 6-0 in favor.
The minutes state the board established parameters for the refunding and granted the administration delegated authority to execute the refinancing. The document does not include the principal amount, maturity schedule, or fiscal rationale for the refunding; those details were not recorded in the minutes and would require follow-up with district finance staff.
