The board approved a resolution stating the district intends to issue tax-exempt obligations (a formal step typically required before borrowing money through tax-exempt bonds).

What it means for you

This resolution is a procedural step in the district's borrowing process; it does not by itself spend money but signals the district's intent to issue tax-exempt debt.

Outcome

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