Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bond Issue topic
No spam. Unsubscribe anytime.
Board approves up to $10 million in general obligation bonds for school improvements
Summary
Board approved a resolution authorizing issuance of not-to-exceed $10,000,000 general obligation bonds (Series 2025A) to fund building alterations, safety, energy conservation and security projects; the motion passed by roll-call vote.
The board considered Action Item No. 1: a resolution providing for the issuance of not-to-exceed $10,000,000 of general obligation school bonds, Series 2025A, to fund altering and reconstructing school buildings and purchasing and installing equipment for fire prevention, safety, energy conservation and security purposes. A board member moved the resolution and a second was recorded; the board then took a roll-call vote with the motion carrying unanimously.
The superintendent said the levy of a direct annual tax sufficient to pay principal and interest is provided for in the resolution and the administration indicated the sale of the bonds was authorized for the purposes stated in the motion. The board recorded the motion as carried and moved on to subsequent business.
