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Calallen ISD board approves $Refunding Bonds Series 2026 to refinance debt
Summary
The Calallen ISD Board authorized sale of "Calallen Independent School District Unlimited Tax Refunding Bonds, Series 2026" after a presentation by BOC Financial Securities; the motion passed unanimously 7-0.
The Calallen Independent School District Board of Trustees voted to authorize the issuance and sale of "Calallen Independent School District Unlimited Tax Refunding Bonds, Series 2026" during its July 13, 2026 regular meeting.
Josh McLaughlin of BOC Financial Securities presented details on the refunding plan before trustees dispensed with the regular agenda to consider Item 9A. Trustee Lori Jo Walker moved to adopt the order authorizing the bonds; Trustee Royce Cameron seconded. The motion carried 7-0.
The board did not specify the total par amount in the minutes. The order establishes procedures and delegates authority for sale and delivery of the bonds as described by the district's bond counsel and financial advisor during the presentation. The board record reflects no dissent and the action was entered as a formal motion and vote.
