NEWS
BISD acts on bond refund; reviews budget options
By BARBARA GREEN
editor@bowienewsonline.com
Bowie School Trustees will move forward with a bond refund plan that will save the district more than $19,000 a year in interest during the final 10 years of the bonds.
The board met Thursday night in a called session to hear the bond proposal and to continue work on the budget proposal. Lewis Wilks, U.S. Capital Advisors, and Tom Sage, bond counsel with Hunton Andrews Kurth LLP discussed the plan via a zoom meeting with the board.
These are 2012 bonds callable in 2021. The refund will be on $5,520,000 in bonds. The district has been paying an average interest of 2.26 percent with the true interest at 1.23 percent. Wilks said the difference is the savings to the district which will be $233,771. It was pointed out this refinance does not impact the term or extend it.
Read the full story in the mid-week Bowie News.
The jury was seated on Monday and the opening day of testimony Tuesday only lasted four hours, before the panel went into deliberations about 2 p.m.
Two hours later the jury returned a guilty verdict on both charges. Wednesday morning the jury was set to begin discussion on Hall’s punishment at 8:30 a.m. with both sides offering evidence and testimony. Hall faces up to 10 years in prison.
The trial was moved to Denton County on a change of venue requested by Hall in March. After 16th District Judge Sherry Shipman read the verdict, it was reported Hall hung her head in disappointment and was later seen crying and emotional as she left the courtroom.
Members of the Bowie City Council will meet in regular session at 6 p.m. on May 13 in council chambers.
The meeting opens with a proclamation for Emergency Medical Services Week.
City Manager Bert Cunningham will report on recent rainfall problems, Smythe Street sidewalk project and the substation work.
There is only one item of new business an ordinance related to speed limits on specific streets. Public comments and approval of minutes wrap up the agenda.
-
NEWS2 years ago2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS2 years agoSuspect indicted, jailed in Tia Hutson murder
-
NEWS2 years agoSO investigating possible murder/suicide
-
NEWS2 years agoWreck takes the life of BHS teen, 16
-
NEWS2 years agoMurder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
NEWS2 years ago
Sheriff’s office called out to infant’s death
-
NEWS2 years agoBowie Police face three-hour standoff after possible domestic fight
-
NEWS2 years ago
Driver stopped by a man running into the street, robbed at knifepoint