On June 16, 2025, the Canton Independent School District Board of Trustees heard a construction update on the new high school and multipurpose facility and approved an order establishing parameters and delegating authority for the issuance and sale of Canton ISD "Unlimited Tax School Building Bonds, Series 2025." Stephen Berry of Berry & Clay Construction presented the construction update; Frost Bank's Lucas Janda provided information on the upcoming bond sale. A motion to consider matters incident and related to the issuance and sale of the bonds, including adoption of an order establishing sale parameters and delegating certain matters to authorized district officials, passed 7-0.
The construction presentation covered the new high school and multipurpose facility; the transcript records only that Stephen Berry "presented to the board an update on the New High School and Multipurpose." Frost Bank provided bond-sale information but the transcript does not specify sale size, interest-rate parameters, or sale date. The board’s motion—made by Matt Dunn and seconded by Josh Wilkerson—authorized district officials to proceed with the steps necessary to sell and issue the bonds as described in the order. The motion carried 7-0 with all trustees recorded as voting yes.
The record does not include dollar amounts for the Series 2025 bonds or the specific timeline and financial terms Frost Bank discussed. The district previously disclosed that season tickets for the 2025 football season went on sale June 16 and that certain facility work (floor waxing, auditorium lighting) is scheduled this summer; those operational items were presented in the same superintendent report that accompanied the construction update. The bond order delegates final sale details to district officials, which means specific sale parameters will be set by staff and financial advisors in the coming weeks, subject to market conditions and any required approvals.
No public comment was recorded on the bond or construction item during the meeting. The board convened an executive session later in the meeting (see separate coverage), but the transcript attributes no further action on the bond to that session.
The board meeting took place at the Canton ISD Administration Office and the bond motion was approved unanimously by the seven trustees present.