Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Bond Bus Purchase topic
No spam. Unsubscribe anytime.
Board authorizes up to $275,000 in bonds to buy two school buses
Summary
The board passed RESOLUTION 16-6-2026 authorizing the district to acquire a 65-passenger diesel bus and a 30-passenger wheelchair-accessible gasoline bus and to issue serial bonds not to exceed $275,000 to finance the purchase; the resolution delegates bond-note authority to the board president.
On June 4 the Cherry Valley-Springfield Central School District Board adopted RESOLUTION 16-6-2026, authorizing acquisition of one 65-passenger diesel school bus and one 30-passenger gasoline school bus equipped for a wheelchair and authorizing issuance of serial bonds in an aggregate principal amount not to exceed $275,000 to finance the purchases. The resolution sets the district's intent to reimburse initial General Fund expenditures with bond proceeds and delegates authority to the board president to issue bond anticipation notes and to execute related tax-exemption and continuing-disclosure documents.
The resolution includes a roll-call vote recorded in the minutes (Megan Bosc, Adrienne Haig, Erin Seeley, April Aramini and Ellen Johnson all recorded YES) and carried unanimously. The board also determined the acquisitions constitute a Type II SEQR action, concluding no further environmental review is required under State Environmental Quality Review Act procedures.
