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September 10, 2020 at 5:30 PM - Special Meeting of the Welch Board of Education

Minutes
1. Call to Order
Discussion:  Meeting was called to order.  
2. Establish Quorum
Discussion:  Quorum established
3. Public Participation 
Discussion:  No public participation requested
4. Presentation by Jordan Smith of Stephen L. Smith Corp. on Lease/Purchase Agreement refinancing. 
5. Discussion and possible board action to consider, in the absence of the President and/or Clerk, to appoint an Acting President and/or Acting Clerk for the School District to execute any and all documents pertaining to the lease/purchase agreement.
Discussion:  Item was moot.  No action taken.
6. Discussion and possible board action to consider adoption of a Resolution approving and affirming a Lease/Purchase Agreement and authorizing the execution of the same; designating lease transaction as a qualified tax-exempt obligation; authorizing employment of School District Counsel, Financial Advisor and Bond Counsel pertaining to financing; and authorizing School District officials to execute any and all necessary documents in connection with the aforementioned transactions. 
Action(s):
Motion to adopt a Resolution approving and affirming a Lease/Purchase Agreement and authorizing the execution of the same; designating lease transaction as a qualified tax-exempt obligation; authorizing employment of School District Counsel, Financial Advisor and Bond Counsel pertaining to financing; and authorizing School District officials to execute any and all necessary documents in connection with the aforementioned transactions. This motion, made by Jesse Highsmith and seconded by Shannon Walker, passed.
  • Shane Burgess: Yea
  • Jesse Highsmith: Yea
  • Rowdy Layton: Yea
  • Brian Mooney: Yea
  • Shannon Walker: Yea
No Action(s) have been added to this Agenda Item.
7. Vote to Adjourn
Action(s):
Motion to adjourn at 5:46 PM. This motion, made by Jesse Highsmith and seconded by Brian Mooney, passed.
  • Shane Burgess: Yea
  • Jesse Highsmith: Yea
  • Rowdy Layton: Yea
  • Brian Mooney: Yea
  • Shannon Walker: Yea
No Action(s) have been added to this Agenda Item.
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