April 10, 2025 at 12:00 PM - Special Board Meeting
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1. Call to order and roll call
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2. Board to consider and take possible action, in the absence of the President and/or Clerk, to appoint an acting President and/or Clerk for the School District to execute any and all documents pertaining to the bond sale.
Discussion:
NO Action Taken
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3. Board to receive bids for the $550,000 General Obligation Combined Purpose Bonds of this School District and award bonds to the lowest bidder.
Discussion:
Bids Received
Exchange Bank-Skiatook Premium $0.00 Net Interest Cost $48,125.00 Average Interest Rate 4.375% AHB w/BOK Premium $1,677.50 Net Interest Cost $42,322.50 Average Interest Rate 3.8475%
Action(s):
No Action(s) have been added to this Agenda Item.
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4. Board to consider and take action on a resolution providing for the issuance of general obligation combined purpose bonds, in the sum of $550,000 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 issuance.
Action(s):
No Action(s) have been added to this Agenda Item.
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5. Board to consider and take action on a resolution designating the general obligation bonds of 2025 as "Qualified Tax-Exempt Obligations" pursuant to Section 265(b)(3)(B) of the Internal Revenue Code of 1986.
Action(s):
No Action(s) have been added to this Agenda Item.
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6. Adjournment.
Action(s):
No Action(s) have been added to this Agenda Item.
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