Get the free RESOLUTION AUTHORIZING SALE School Board District Bonds - dickinson k12 nd

$1,500,000* DICKINSON PUBLIC SCHOOL DISTRICT NO. 1 LIMITED TAX BONDS, SERIES 2011B RESOLUTION AUTHORIZING SALE 1. The governing body (the School Board “) of Dickinson Public School District No.

How to fill out resolution authorizing sale school

How to fill out a resolution authorizing the sale of a school:

1. Begin by stating the purpose of the resolution, which is to authorize the sale of the school. Make sure to include the name of the school and any specific details related to the sale.
2. Provide background information on the reasons for the sale. This could include financial considerations, changes in demographics, or other factors that have led to the decision to sell the school.
3. Clearly outline the process that will be followed for the sale. This may include steps such as identifying potential buyers, conducting inspections, evaluating offers, and finalizing the sale agreement.
4. Include any necessary approval or voting procedures. This may involve seeking approval from a board of directors, a school governing body, or other relevant parties. Specify the majority or supermajority required for the resolution to pass.
5. Provide a timeline for the sale process. Outline key milestones and deadlines, ensuring that there is adequate time for due diligence, negotiations, and legal processes.
6. Include any financial considerations relevant to the sale. This may include the expected sale price, any outstanding debts or liabilities associated with the school, and how the proceeds from the sale will be allocated.
7. Make sure to consult legal counsel when drafting the resolution to ensure compliance with applicable laws and regulations.

Who needs a resolution authorizing the sale of a school:

1. The board of directors or governing body of the school: They are responsible for making decisions regarding the sale of assets and ensuring the best interests of the school and its stakeholders.
2. School administrators: They play a key role in providing information and supporting the sale process. They may also be involved in negotiations with potential buyers.
3. Legal counsel: They are essential in ensuring that all legal requirements relating to the sale are met and that the resolution is properly drafted.
4. External parties: Depending on the jurisdiction and specific circumstances, other entities such as government authorities or regulatory bodies may need to be informed or involved in the sale process.

Note: It is important to consult with relevant stakeholders and professionals to ensure that the resolution is tailored to the specific needs and requirements of the school and adheres to all applicable laws and regulations.

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What is resolution authorizing sale school?

Resolution authorizing sale school is a formal document that grants permission to sell a school property.

Who is required to file resolution authorizing sale school?

The school board or governing body of the school district is required to file the resolution authorizing sale school.

How to fill out resolution authorizing sale school?

The resolution authorizing sale school should be filled out by including the details of the property to be sold, the reasons for the sale, and the decision-making process of the governing body.

What is the purpose of resolution authorizing sale school?

The purpose of resolution authorizing sale school is to formalize the decision to sell a school property and ensure that all necessary steps are taken before the sale proceeds.

What information must be reported on resolution authorizing sale school?

The resolution authorizing sale school must include details of the property to be sold, reasons for the sale, decision-making process, and signatures of the governing body members.