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Claude ISD trustees adopt order authorizing defeasance and redemption of district obligations

Claude ISD Board of Trustees · February 28, 2025
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Summary

At a special called finance meeting Feb. 28, 2025, the Claude ISD Board of Trustees voted 4–0 to adopt an order authorizing the defeasance and redemption of certain outstanding obligations of the district. The motion was moved by Trustee Leah Lee and seconded by Trustee Jessica Finley.

Claude ISD's Board of Trustees voted 4–0 on Feb. 28, 2025, to adopt an order authorizing the defeasance and redemption of certain outstanding obligations of the district during a special called finance meeting at the Superintendent's Office, 500 5th Street in Claude.

Trustee Leah Lee moved that the board adopt the order, stating, "I move that the Board of Trustees adopt the order Authorizing the Defeasance and Redemption of Certain Outstanding Obligations of the District, as presented." Trustee Jessica Finley seconded the motion. The motion passed with Trustees Andy Conrad, Jessica Finley, Leah Lee and Johnny Sims recorded as voting yea; Hayden Hook, Carsen Roberts and Ryan Slack were absent. The transcript records the result as "Yea: 4, Nay: 0, Absent: 3."

The motion language on the record does not list the specific obligations by series or amount; the transcript records only the motion text and the voting outcome. The agenda identified the item as "5.A. Consider and take action to adopt an Order Authorizing the Defeasance and Redemption of Certain Outstanding Obligations of the District." The transcript does not record further staff presentation, amendment, or follow-up steps in open session.

The action was taken at a special finance meeting; the board then scheduled a closed session for personnel and legal consultation as permitted by the Texas Government Code, after which the meeting was adjourned.