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Chisum ISD board approves resolution to redeem 2016 unlimited tax school building and refunding bonds
Summary
Trustees approved a resolution directing the redemption of Chisum ISD's Unlimited Tax School Building and Refunding Bonds, Series 2016, and authorized related actions; the motion passed with five trustees voting in favor and two absent.
The Chisum ISD Board of Trustees on May 13 approved a resolution calling for redemption of certain outstanding obligations designated as "Chisum Independent School District Unlimited Tax School Building and Refunding Bonds, Series 2016." Trustee Judd Oats moved the resolution; Trustee James Weems seconded. The minutes record that five trustees voted in favor and two trustees were absent, and the board directed a district designee to effectuate the redemption and to authorize related agreements.
The minutes do not include details about the principal amount to be redeemed or the timeline for redemption; the resolution authorizes district staff and the designated agent to carry out the redemption process and related legal or financial arrangements.
