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Board authorizes sale of Series 2026 Lease Certificates of Participation with L.J. Hart & Company
Summary
The Richland R‑I Board unanimously approved a resolution authorizing the sale of Series 2026 Lease Certificates of Participation with L.J. Hart & Company during its April 8 meeting. Specific financing terms were not recorded in the minutes.
The Richland R‑I Board of Education voted April 8 to authorize the sale of Series 2026 Lease Certificates of Participation with L.J. Hart & Company. Mr. Jeremy Conner moved for approval and Ms. Hollie Wheeler seconded; the motion passed with a 7–0 vote and the President declared the motion carried.
The minutes record the board's authorization but do not include financing terms, principal amounts, interest rates, or closing dates. The resolution names L.J. Hart & Company as the purchaser/underwriter; any further details about the use of proceeds or repayment schedule were not specified in the meeting record and would require review of the resolution document or follow-up with district administration.
