Sale of CCCCSD School Bonds delayed due to lack of commissioners

The approval of the sale of the $5 million CCCCSD School Bond was postponed due to the lack of commissioners.

At Monday's regular meeting, Vince Viaille, managing director of Specialized Public Finance Inc., told the commissioners that four members of commissioners’ court were needed to approve the sale. Commissioners Eligio Martinez and Wesley Bean were absent from the meeting. County Judge Fred Deaton and Commissioners Pleas Childress and Frank Tambunga were in attendance. 

Due to the lack of commissioners, the approval has been delayed to the commissioners April 9 regular meeting. Viaille said the approval has to be done at a regular meeting.

Viaille said he received 11 bids on the sale of the bonds and the best bid was from BOK Financial Services. Between now and the April 9 regular meeting, Viaille said he will conduct negotiations with BOK Financial Services and bring any transactions to the commissioners.

Crockett County Voters approved the $5 million bond in November 2017.

Also at Monday's meeting, reports were given by county department heads, including Stormi Oglesby with the new J. Cleo Thompson Wellness Center. The commissioners will be touring the new wellness center and jail Monday afternoon. 

The Crockett County Commissioners' Court meet regularly every second Monday at 9 a.m. at the courthouse annex. The meetings are open to the public. 

More from Monday's commissioners' court meeting in the March 14 edition of The Ozona Stockman. 

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