May 5, 2021 at 12:00 PM - Special Board Meeting

Minutes
1. Call to meeting to order.
 
2. Roll call.
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.
 
4. Board to receive bids for the $2,455,000 Building Bonds, Series "A" of this School District and take action to award bonds to the lowest bidder.
 
Action(s):
Motion to accept the bid from Bank of Kremlin and First Bankers' Banc Securities as recommended by Andy Davis of Stephen L. Smith Corp. This motion, made by Danielle Deterding and seconded by Geri Ayers, passed.
No Action(s) have been added to this Agenda Item.
5. Board to consider and take action on a resolution providing for the issuance of Building Bonds, Series "A" in the sum of $2,455,000 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 issue.
 
Action(s):
Motion to approve the resolution as read. This motion, made by Geri Ayers and seconded by Dustin Baylor MD, passed.
No Action(s) have been added to this Agenda Item.
6. Board to receive bids for the $500,000 Building Bonds, Series "B" of this School District and take action to award bonds to the lowest bidder.
 
Action(s):
Motion to accept the bid from NBC Bank and Baker Group as recommended by Andy Davis of Stephen L. Smith Corp. This motion, made by Geri Ayers and seconded by Danielle Deterding, passed.
No Action(s) have been added to this Agenda Item.
7. Board to consider and take action on a resolution providing for the issuance of Building Bonds, Series "B" in the sum of $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 issue.
 
Action(s):
Motion to approve the resolution as read. This motion, made by Danielle Deterding and seconded by Brendon Atkinson, passed.
No Action(s) have been added to this Agenda Item.
8. Board to consider and take action on separate resolutions 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):
Motion to approve separate resolutions 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 Brendon Atkinson and seconded by Geri Ayers, passed.
No Action(s) have been added to this Agenda Item.
9. Adjournment.
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