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PASSEDHouston ISD Board of Managers · 2025-10-09

The board approved an investment agreement with Argent Institutional Trust Company involving Small Business Administration loan pool repurchase agreements.

What it means for you

This affects HISD's financial management; the practical impact on students or families is not described in the document.

Outcome

Adopted as part of the board's consent agenda, not by individual vote: "On motion by board member Rosales, with a second by Board Secretary Mendoza, the board voted to approve the items on the consent agenda."

Taxes & budget — see all →Houston ISD district-wide

Official source

Official meeting record — Houston ISD Legistar ↗

The record shows a named consensus vote for this item (a mover and seconder) rather than a per-member roll call.

Quick answersfrom the official record
Who benefits?Argent Institutional Trust CompanyLegistar record ↗
Who decides?Decided by a vote of the Houston ISD Board of Managers. Taken up at the October 9, 2025 meeting — Adopted.Legistar record ↗
The official caption doesn't name a dollar amount or who pays for it — full details in the official Legistar record ↗

Cite this: https://plaindocket.com/item/real-hisd25-362-42156 — data from official records via PlainDocket.