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Board adopts resolution to impound local tax revenues anticipating claims or litigation
Summary
Trustees adopted Resolution 12-25-02 to impound local tax revenues in anticipation of pending claims and/or litigation; motion by Matt Carter, second by Broc Job, passed unanimously 4-0.
The board adopted Resolution 12-25-02, authorizing the impoundment of local tax revenues to anticipate pending claims and/or litigation. Matt Carter moved the resolution and Broc Job seconded; the motion passed 4-0.
The minutes record the adoption but do not give details about the scope, amounts or specific legal matters prompting the impoundment. The closed-session notices earlier in the agenda reference potential litigation and claims; the minutes show the board convened in closed session on potential litigation and returned to open session with "No action to report out." For details on amounts or legal context, the district’s resolution document or staff reports should be consulted.
