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Board awards $4.08 million in general obligation bonds and adopts related resolution
Summary
Guymon Public Schools awarded $4,080,000 in General Obligation Building Bonds, Series 2025, to The Baker Group LP at an average rate of 3.545124% and adopted a resolution authorizing issuance and related tax levy and disclosure terms.
Guymon Public Schools’ board voted to award $4,080,000 in General Obligation Building Bonds, Series 2025, to The Baker Group LP and adopted a resolution authorizing the bonds. The board recorded the award at an average interest rate of 3.545124%; the motion to award the bonds was moved by Mrs. Elvia Hernandez and seconded by Luis Romero and passed by the four members present (Carla Hernandez was absent).
The board then approved a companion resolution that prescribes the form of the bonds, provides for registration, directs a levy of annual tax for payment of principal and interest, approves a continuing disclosure agreement, and deems the official statement final. The resolution was moved by Mrs. Elvia Hernandez and seconded by Mitzi Dain. The board’s minutes show the actions passed unanimously among those voting. The board also noted it will follow the disclosure and IRS-designation provisions included in the resolution.
