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Peaster ISD board adopts order authorizing defeasance and redemption of obligations
Summary
The board voted unanimously to adopt an order authorizing the defeasance and redemption of certain outstanding district obligations, approving the administrative action as presented.
Trustee Laura Stewart moved that the board adopt an Order Authorizing the Defeasance and Redemption of certain outstanding obligations of the district; Trustee Leanna Stafford seconded the motion and it passed 7–0.
The board did not elaborate on the principal amounts or specific obligations during the public session; the motion and vote were recorded in the meeting minutes, and staff will provide formal documentation and any required disclosures in follow‑up communications or future meetings.
