Cotulla ISD board adopts reimbursement resolution for future bond proceeds
The board adopted a resolution confirming the district's intent to reimburse prior lawful expenditures from future bond proceeds; trustees approved the resolution unanimously to support upcoming financing steps.
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The Cotulla ISD Board of Trustees adopted a reimbursement resolution on May 19 that establishes the district's intent to reimburse prior lawful expenditures from proceeds of obligations that may be issued in the future. The motion, made by Robert Ayala Jr. and seconded by Rosario Morales, carried 7–0.
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