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May 6, 2021 at 12:00 PM - Oakdale Public School Board of Education Special Meeting

Minutes

1. Call meeting to order. 

2. Roll call.

3. 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):
Board approved the annual review of existing or written policies and procedures for post-issuance compliance. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed.
  • Erin Hulsey: Yea
  • Jerome Loughridge: Yea
  • Mr. Todd Corbin: Yea
No Action(s) have been added to this Agenda Item.
Attachments: (1)

4. Board to discuss continuing disclosure obligations.

Attachments: (1)

5. Board to receive bids for the $4,500,000 General Obligation Building Bonds of this school district and award bonds to the lowest bidder.

Action(s):
Board approved the bid from the Baker Group, Oklahoma City, OK. Net Interest Cost of $48,346.25 with the average rate of 0.429744 for the $4,500,000 General Obligation Building Bonds. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed.
  • Erin Hulsey: Yea
  • Jerome Loughridge: Yea
  • Mr. Todd Corbin: Yea
No Action(s) have been added to this Agenda Item.
Attachments: (1)

6. Board to consider and take action on a resolution providing for the issuance of General Obligation Building Bonds in the sum of $4,500,000 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):
Board approved a resolution providing for the issuance of General Obligation Building Bonds in the sum of $4,500,000 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. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed.
  • Erin Hulsey: Yea
  • Jerome Loughridge: Yea
  • Mr. Todd Corbin: Yea
No Action(s) have been added to this Agenda Item.
Attachments: (1)

7. Board to consider and take action on a resolution designating the general obligation bonds of 2021 as “Qualified Tax-Exempt Obligations” pursuant to Section 265(b)(3)(B) of the Internal Revenue Code of 1986.

Action(s):
Board approved the resolution designating the general obligation bonds of 2021 as "Qualified Tax-Exempt Obligations" pursuant to Section 265(b)(3)(B) of the Internal Revenue Code of 1986. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed.
  • Erin Hulsey: Yea
  • Jerome Loughridge: Yea
  • Mr. Todd Corbin: Yea
No Action(s) have been added to this Agenda Item.

8. Adjournment.

Action(s):
Adjourn Board meeting @ 12:25 pm. This motion, made by Mr. Todd Corbin and seconded by Jerome Loughridge, passed.
  • Erin Hulsey: Yea
  • Jerome Loughridge: Yea
  • Mr. Todd Corbin: Yea
No Action(s) have been added to this Agenda Item.
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