G.1. Consider an Order Authorizing the Issuance of Unlimited Tax Refunding Bonds Description: White Settlement ISD has bonds which are subject to redemption prior to the stated maturity, at the option of the district. It is in the best interests of the district to redeem a portion of these bonds in the near future. For the purposes of exercising this option, an Order Authorizing the Issuance of Un

Staff Report & Agenda Item Details

G.1. Consider an Order Authorizing the Issuance of Unlimited Tax Refunding Bonds Description: White Settlement ISD has bonds which are subject to redemption prior to the stated maturity, at the option of the district. It is in the best interests of the district to redeem a portion of these bonds in the near future. For the purposes of exercising this option, an Order Authorizing the Issuance of Unlimited Tax Refunding Bonds will delegate the authority to fully execute these transactions to the Superintendent and the Chief Financial Officer, individually. It is the districts' recommendation that an Order Authorizing Redemption of Outstanding White Settlement ISD Bonds be approved, delegating authority to the Superintendent and the Chief Financial Officer, individually, to exercise our option to redeem a portion of our outstanding bonds. Attachments: ( 2 ) White Settlement ISD - Presentation (v3 04-20-26) Bond Order (WISD Ref) - ver 1

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.9/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).