October 5, 2021 at 12:00 PM - Okarche Special Board Meeting
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Call meeting to order.
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Roll Call
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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):
No Action(s) have been added to this Agenda Item.
Discussion:
Mr. Matt Reichert discussed that we pay back our bonds when they come due.
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Board to discuss continuing disclosure obligations.
Discussion:
These happen behind the scenes. Stephen McDonald does this for us. They get our estimate of needs and audit. They use the accounting side to upload to EMMA. Anyone who trades bonds goes there to compare.
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Board to receive bids for the $3,385,000 General Obligation Building Bonds of this school district and award bonds to the lowest bidder.
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Lowest bid is Community National Bank Interest 101,338.90 rate of 0.855181%.
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Board to consider and take action on a resolution providing for the issuance of General Obligation Building Bonds in the sum of $3,385,000 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):
No Action(s) have been added to this Agenda Item.
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Adjournment
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