Board approves refunding order, authorizes superintendent to execute related documents
Summary
The board approved a refunding order in a maximum amount of $25,385,000 and authorized the superintendent to execute related documents; presentation was by Eduardo Pena and the motion carried unanimously.
During the Feb. 9 meeting, the board considered a district refunding order presented by Eduardo Pena. The board voted to approve the refunding order in a maximum principal amount of $25,385,000 and granted authority to the superintendent to approve and execute related documents and matters.
The minutes record the approved maximum amount and the authorization granted to the superintendent; the transcript does not include details such as interest rates, maturity schedules, or underwriter information. Administrative staff will complete the related financing documentation under the authority granted by the board.
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