Public Meeting Minutes: February 24, 2025 at 6:00 PM - Special Meeting of the Board of Education

I. Call to Order and Establish a Quorum

Agenda Item Type:

II. Pledge of Allegiance

Agenda Item Type:

Discussion: The pledge of Allegiance was led by President Tina Floyd.

III. Discuss, consider and vote to approve or not approve the following items relative to the $40,845,000 General Obligation Combined Purpose Bonds, Series 2025 - See Attachment "A" (posted with the agenda)
Presented by Zack Robinson, BOK Financial Securities, Inc

Agenda Item Type: Action Item

Discussion:

Consideration and vote to award the $40,845,000 General Obligation Combined Purpose Bonds, Series 2025, to the lowest and best bidder.
Adopt a Resolution providing for the issuance of the $40,845,000 General Obligation Combined Purpose Bonds, Series 2025, by Independent School District Number 29 of Cleveland County, Oklahoma, authorized at an election duly called and held for such purpose; designating bonds for certain provisions of the Internal Revenue Code; deeming preliminary official statement "Final" for the purposes of SEC Rule 15(c)2-12; affirming the school district’s intention to assist underwriters in complying with SEC Rule 15(c)2-12(b)(5); prescribing form of bonds; providing for registration thereof; providing levy of an annual tax for the payment of principal and interest on the same; and fixing other details of the issue.

Action(s):

Motion 1 Passed:

Motion to award the General Obligation Combined Purpose Bonds, Series 2025 to J.P. Morgan Securities LLC at a rate of 3.146366%. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

Motion 2 Passed:

Motion to adopt a Resolution providing for the issuance of the General Obligation Combined Purpose Bonds, Series 2025 as presented. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

No Action(s) have been added to this Agenda Item.

IV. Discuss, consider and vote to approve or not approve the following items relative to the $2,775,000 General Obligation Building Bonds, Federally Taxable Series 2025 - See Attachment "B" (posted with the agenda)
Presented by Zack Robinson, BOK Financial Securities, Inc

Agenda Item Type: Action Item

Discussion:

Consideration and vote to award the $2,775,000 General Obligation Building Bonds, Federally Taxable Series 2025, to the lowest and best bidder.
Adopt a Resolution providing for the issuance of the $2,775,000 General Obligation Building Bonds, Federally Taxable Series 2025, by Independent School District Number 29 of Cleveland County, Oklahoma, authorized at an election duly called and held for such purpose; designating bonds for certain provisions of the Internal Revenue Code; deeming preliminary official statement "Final" for the purposes of SEC Rule 15(c)2-12; affirming the school district’s intention to assist underwriters in complying with SEC Rule 15(c)2-12(b)(5); prescribing form of bonds; providing for registration thereof; providing levy of an annual tax for the payment of principal and interest on the same; and fixing other details of the issue.

Action(s):

Motion 1 Passed:

Motion to to award the General Obligation Building Bonds, Federally Taxable Series 2025 to Northland Securities, Inc. at a rate of 4.666539%. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

Motion 2 Passed:

Motion to approve Adopt a Resolution providing for the issuance of the General Obligation Building Bonds as presented. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

No Action(s) have been added to this Agenda Item.

V. Proposed Revisions to School Hours and Schedules for the 2024-2025 School Year
Presented by Holly Nevels

Agenda Item Type: Action Item

Discussion: Recommendation to ensure the required 1080 hours of instruction each school year by adjusting all school's daily bell schedules to add an additional minute for the remainder of the 2024-25 school year and to designate an additional snow make-up day on April 18, 2025, if one is needed and the date/option is timely.

Action(s):

Motion Passed:

Motion to approve the adjustment all school's daily bell schedules to add an additional minute for the remainder of the 2024-25 school year and to designate an additional snow make-up day on April 18, 2025, if one is needed and the date/option is timely to ensure the required 1080 hours of instruction each school year. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

No Action(s) have been added to this Agenda Item.

VI. Adjournment

Agenda Item Type: Action Item

Action(s):

Motion Passed:

6:18 PM Motion to adjourn. This motion, made by Alex Ruggiers and seconded by Annette Price, Passed.

Dirk O'Hara: Absent
Tina Floyd: Yes
Alex Ruggiers: Yes
Annette Price: Yes
Dawn Brockman: Yes

No Action(s) have been added to this Agenda Item.

February 24, 2025 at 6:00 PM - Special Meeting of the Board of Education

Web Viewer