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Anna ISD board adopts resolution authorizing Maintenance Tax Note
Summary
Presented by Brian Grubbs of SAMCO, trustees unanimously adopted a resolution authorizing issuance of a Maintenance Tax Note and related tax levy and purchase agreement during the Feb. 16, 2026 meeting.
Brian Grubbs of SAMCO presented a resolution for the issuance of a Maintenance Tax Note, including provisions to levy an annual ad valorem tax as security and to authorize a purchase agreement. The Anna ISD Board of Trustees adopted the resolution by unanimous vote (motion by Clark Miller, seconded by Shonda Rupe).
The minutes record adoption of the resolution and presentation by SAMCO but do not provide bond sizing or repayment schedule details in the public minutes. The action authorizes staff and legal counsel to proceed with the documentation and sale process as outlined in the board resolution.
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