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Board adopts order to authorize unlimited tax bonds and approves official statement
Summary
Red Oak ISD adopted an order authorizing the issuance of unlimited tax bonds, set sale parameters and approved related agreements and the Official Statement in a 5–0 vote.
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The Red Oak ISD Board adopted an order authorizing the issuance of unlimited tax bonds and approved related sale parameters, a Bond Purchase Agreement and an Escrow Agreement, and an Official Statement.
Chief Financial Officer Dr. Bill Johnston presented the order. Board member Brian Sebring moved to adopt the order; Secretary Sean Kelly seconded. The motion passed 5–0, authorizing district staff and officers to complete required bond sale documentation and agreements.
