December 4, 2023 at 1:00 PM - Okarche Special Board Meeting
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Call meeting to order.
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Roll call.
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Board to take action on the employment of Stephen H. McDonald & Associates, Inc., as Financial Consultant to the School District.
Action(s):
No Action(s) have been added to this Agenda Item.
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Board to discuss annual review of existing or consider and take action on the adoption of written policies and procedures for post-issuance compliance.
Action(s):
No Action(s) have been added to this Agenda Item.
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Board to discuss continuing disclosure obligations.
Discussion:
The board discussed the need for continuing disclosure obligations for our bonds.
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Board to receive bids for the $3,250,000 General Obligation Building Bonds of this school district and award bonds to the lowest bidder.
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Bids received: 4: F&M: $601,282.50 rate 5.286000. Country Club Bank: $601,445.00 5.287429. First Bank of Okarche: $578,841.25 5.088714. Community National Bank: $602,208.75 5.294147.
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Board to consider and take action on a resolution providing for the issuance of General Obligation Building Bonds in the sum of $3,250,000 by this school district, authorized at an election called and held for such purpose; prescribing form of bonds; providing for registration thereof; providing for levy of an annual tax for the payment of principal and interest on the same; and fixing other details of the issue.
Action(s):
No Action(s) have been added to this Agenda Item.
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Adjournment.
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