May 7, 2025 at 12:00 PM - Locust Grove Special Meeting - Bond Sale
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1. Call meeting to order
Agenda Item Type:
Procedural Item
Discussion:
Rick Pierce, acting President, called the meeting to order at 12:00 p.m.
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2. Roll Call
Agenda Item Type:
Procedural Item
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3. Board to consider and take possible action, 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 bond sale.
Agenda Item Type:
Action Item
Discussion:
No action taken. Moved on to Item #4.
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4. Board to receive bids for the $465,000 Taxable Building Bonds of this School District and take action to award bonds to the lowest bidder.
Agenda Item Type:
Action Item
Discussion:
Bidders:
All Capital Bank Premium: $127.70 Net Interest Cost $41,673.30 Average Interest Rate: 4.481% UMB - Kansas City Premium: $344.10 Net Interest Cost $43,365.90 Average Interest Rate: 4.6630% Baker Group - Oklahoma City/RCB Bank Claremore Premium: $ 7.16 Net Interest Cost: $40,912.84 Average Interest Rate: 4.39923% Exchange Bank - Skiatook Premium: $ 0 Net Interest Cost: $48,825 Average Interest Rate: 5.25% The Baker Group - Oklahoma City/RCB Bank Claremore was the lowest bidder with a Premium of $7.16 and a Net Interest Cost of $40,912.84 with an Average Interest Rate of 4.39923%.
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 providing for the issuance of taxable building bonds in the sum of $465,000 by this school district, authorized at an election called and held for such a purpose; prescribing form of bonds; providing for registration thereof; designating registrar and paying agent for this issue of bonds; providing for levy of an annual tax for the payment of principal and interest on the same; and fixing other details of issue.
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
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6. Discussion and possible action to approve bids for the Upper Elementary fire alarm upgrades
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
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7. Discussion and possible action to approve bids for the Upper Elementary door lock upgrades
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
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8. Discussion and possible action to hire a construction manager for HMGP/FEMA Safe Room project for Upper Elementary
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
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9. Adjournment
Agenda Item Type:
Procedural Item
Action(s):
No Action(s) have been added to this Agenda Item.
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