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Burton ISD hires bond counsel, tables issuance of maintenance tax notes and adopts reimbursement resolution
Summary
Trustees approved a contingent-fee agreement with Cantu Harden Montoya LLP for bond and disclosure counsel, tabled a resolution authorizing issuance of maintenance tax notes (Series 2026), and adopted a reimbursement resolution during the March 2 meeting.
The board approved a Contingent Fee Engagement Agreement for Bond Counsel and Disclosure Counsel Legal Services with Cantu Harden Montoya LLP; the motion was made by Mike Clyde, seconded by Demetrius Colvin, Sr., and recorded as carried 4-0. Shortly after, the board tabled a separate Resolution Authorizing the Issuance of Obligations designated as "Burton Independent School District Maintenance Tax Notes, Series 2026." The minutes state the board then adopted a reimbursement resolution.
The record does not include the text of the engagement agreement, the reasons for tabling the tax-note authorization, or the terms of the reimbursement resolution. Those documents should be consulted in the district packet for details on fees, underwriting, or timing.
