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Agenda lists resolution on transferring surplus in I&S fund after repayment of Series 2012 refunding bonds
Summary
Agenda item 8.A asked the board to consider a resolution to transfer surplus amounts in the Interest & Sinking fund established for the district’s Unlimited Tax Refunding Bonds, Series 2012 following full repayment. The transcript lists the agenda item but does not show board action or vote tallies.
Agenda item 8.A is titled 'Consideration of and possible action to adopt a Resolution Authorizing the Transfer of Surplus Amounts in the Interest and Sinking Fund Established for the District’s Unlimited Tax Refunding Bonds, Series 2012 Following the Full Repayment Thereof.' The agenda indicates the board may act on a post-repayment transfer of surplus funds related to Series 2012 refunding bonds; no motion text, staff report, or vote outcome appears in the supplied transcript.
The agenda entry signals a district finance action that could affect the I&S fund balance and future tax levy calculations. The transcript does not include figures, dates of repayment, or staff recommendations — those details would typically appear in supporting financial documentation or in board minutes recording the action.
