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Board elected officers; approved resolutions to begin refunding special assessment bonds and engage bond counsel; discussed the budget process and directed staff to explore external management options.
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The board chose Meredith Stead as Chair and Mike Strasser as Vice‑Chair. They authorized steps to consider refinancing special assessments — including ordering a public hearing and hiring bond counsel — which could change how property charges that pay for local infrastructure are structured or repaid. Staff will continue work on the district's budget process and will gather more information about hiring an external manager; the developer agreed with the proposed direction.
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