VIII. Items for Action
A. Consideration and Approval of a Resolution Authorizing the Defeasance1 of Certain Portions of the District’s Currently Outstanding Obligations, and Other Matters Related Thereto.
B. Additionally the Trustee’s will be considering and approving of a Plan of Finance for the Construction and Equipment of School Buildings and Directing District Administration and Consultants to Proceed with the Issuance of Unlimited Tax School Building Bonds.
1DEFEASANCE: noun LAW
San Marcos CISD Regular Meeting Agenda — Monday, June 19, 2017
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Is this the same old song about we are paying down our debt while you are actually just spending more?