| I. Opening | |
| A. Call to Order | |
| B. Approve Agenda | |
| C. Approve Minutes from the Regular Board Meeting on April 16, 2024 | |
| D. Department and Superintendent's Reports | |
| a. Inform Board of Superintendent's Personnel Actions | |
| E. Public Comment | |
| a. The Paris Independent Board of Education welcomes public comment during all regular meetings. Generally, School Board members do not respond to public comment during a meeting. The public comment period should not be viewed as an opportunity for questioning of board members or administrators, or for back-and-forth discussion or debate. It is an opportunity for members of the public to express their views regarding matters which are within the scope of the Board’s decision-making authority. | |
| F. Presentations | |
| a. Donevon Storm, School Based Healthcare | |
| b. Jennifer Wilson, Financial Update | |
| G. Consent Agenda | |
| a. Approve Treasurer's Report | |
| b. Approve Superintendent's Expense Report | |
| c. Approve Bills, Salaries, and Wages | |
| d. Approve Bond of Treasurer for Jennifer Graves | |
| e. Approve PES Fundraiser Request for 4th Grade to Lemonade Wars | |
| f. Approve PHS Fundraiser Request for Cheerleaders to have the Following Fundraises: Little Caesars Sales, Candle Sales, Jerry's Night, Dairy Queen, Sonic, The Rock, Trash Pick, Cheer Clinics, Carwash, Calendar fundraiser, Game Concessions | |
| g. Approve Community Eligibility Provision Intent to Participate for the 2024-2025 School Year | |
| h. Consider Motion Approve Pay App #13 and DPO Pay App #12 for Paris Preschool | |
| i. Approve MOU with Mountain Comp Care for School Based Mental Health for the 2024-2025 School Year | |
| j. Consider Motion to Approve Proposal from CMW Architects & Engineers for Paris Athletic Complex | |
| k. Approve Indirect Cost Rates | |
| l. Approve Capitol Funds Request | |
| m. Approve Independent Auditors Contract with White and Associates for 2023-2024 Audit | |
| n. Approve Engagement Letter with White and Associates for 2023-2024 Audit | |
| II. Old Business | |
| III. New Business | |
| A. Consider Motion to Amend the 2024-2025 School Calendar | |
| B. Consider Motion to Authorize Superintendent to Negotiate SRO Contract with the City of Paris | |
| C. Consider Motion to Declare .16 acre of Property (7th Street) to be surplus to the need for the Educational Program of the district as determined by the current Facility plan, and Authorize the Superintendent to take Action Consistent with 702 KAR 4:090 to dispose of the property, subject to KDE approval. | |
| D. Consider Motion to Approve Insurance for the 2024-2025 School Year | |
| E. Consider Motion to Approve 2024-2025 Salary Schedule | |
| F. Consider Motion to Approve Job Descriptions for the 2024-2025 School Year | |
| G. Consider Motion to Approve Change Order #08 and Credit CO1/DPO#2 for Alternate Panel for the cot of $38,362.00 with credit of $15,281.00 for Paris Preschool | |
| H. Consider Motion to Approve Change Order #09 for New Wall Ladder due to Code Regulation for cost of $6,762.00 for Paris Preschool | |
| I. Consider Motion to Approve School Activity Accounts Principals Combining Budget for 2024-2025 | |
| J. Consider Motion to Approve Tentative Budget for 2024-2025 | |
| K. Consider Motion to Approve Pledge of Collateral Agreement for FY25 | |
| L. Consider Motion to Approve Contract with Family Health Services Pending Board Attorney Approval | |
| M. Consider Motion to Approve Contract with Edmunds or Tyler Technology for Tax Software and Online Payments | |
| N. Consider Motion to Approve the Following Resolution:
RESOLUTION OF THE BOARD OF EDUCATION OF PARIS, KENTUCKY; AUTHORIZING AND APPROVING THE EXECUTION OF A LEASE AGREEMENT WITH THE PARIS INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION AND ANY FURTHER NECESSARY INSTRUMENTS; APPROVING CERTAIN ARCHITECTS' PLANS FOR THE CONSTRUCTION OF A CERTAIN SCHOOL BUILDING PROJECT; AND APPROVING THE PLAN OF FINANCING THE COST OF SAID PROJECT.
WHEREAS, the Board is desirous that the Corporation issue Bonds in a principal amount not to exceed $5,500,000 for the purpose of providing funds to pay the cost, not otherwise provided, of constructing the Project;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF EDUCATION OF PARIS, KENTUCKY AS FOLLOWS:
RESOLVED, that the incorporation of a non-stock, non-profit corporation pursuant to KRS 162.385 of the School Bond Act and Chapter 273 and KRS 58.180 to act as an agency and instrumentality of this Board in financing school building improvements for the Board is hereby authorized, ratified and approved; the Board of Directors of the Corporation, to be known as the "Paris Independent School District Finance Corporation", shall be the same persons who are at any time the members of the Board of Education of Paris, Kentucky.
RESOLVED FURTHER, that the Chairperson and Secretary are hereby authorized and instructed to execute a Deed to and a Lease Agreement with the Corporation with respect to said Project property, which Deed and Lease Agreement shall be prepared by Bond Counsel and shall contain a description of said property.
RESOLVED FURTHER, that the Chairperson and Secretary are hereby authorized and instructed to execute all further instruments necessary and desirable in carrying out the plan of financing encompassed in the issuance of said Bonds; including, but not being limited to the execution of an Appointment Agreement with the Bond Registrar/Paying Agent regarding the administration of the registration and payment of said Bonds and a Continuing Disclosure Agreement with the Corporation in order to comply with SEC Rule 15c2-12.
RESOLVED FURTHER, that the public sale of said Bonds is hereby authorized, approved, ratified and confirmed, in accordance with the terms of a Bond Resolution to be adopted by the Board of Directors of the Corporation, the form of which has been reviewed by the Board and is hereby approved.
RESOLVED FURTHER, that the Secretary of the Board of Education is hereby authorized and instructed to file a certified copy of this Resolution with the Secretary of the Corporation, with the request that it be brought to the attention of its Board of Directors, and same shall constitute a request and notice on behalf of the Board that the Corporation, acting by and through its Board of Directors, take all action necessary and appropriate (1) for the authorization and sale of said Bonds; (2) that the proceeds of the sale of said Bonds be set apart and held separate from all other funds of the Corporation for the purpose of constructing the Project and expenses; and (3) for executing on behalf of said Corporation the proposed Lease Agreement.
RESOLVED FURTHER, that pursuant to the provisions of Section 265(b)(3) of the Internal Revenue Code of 1986, as amended, (the "Code") the Board, by the adoption of this Resolution, hereby designates the Bonds as "qualified tax-exempt obligations" within the meaning of the Code and certifies that it reasonably anticipates that the total principal amount of tax-exempt obligations which will be issued by the Board (or the Corporation acting on its behalf) during the calendar year ending December 31, 2024 will not exceed $10,000,000.
RESOLVED FURTHER, that pursuant to the amendments to the Code, the Board, by the adoption of this Resolution, certifies that it does not reasonably anticipate that less than 95% of the proceeds of the Refunding Bonds will be used for "local government activities" of the Board and that the aggregate face amount of all tax-exempt bonds issued by the Board (or the Corporation acting on its behalf) during the calendar year ending December 31, 2024 will not exceed $10,000,000.
RESOLVED FURTHER, that the exception for governmental units contained in Section 148(f)(4)(C) of the Code, is available with regard to the Bonds as the principal amount of debt obligations issued by the Corporation on behalf of the Board will not exceed the aggregate sum of $15,000,000 for the calendar year ending December 31, 2024 and said Bonds shall therefore be exempt from the rebate requirements of the Code. If the $15,000,000 limit were to be exceeded then the spend-down requirements set forth in the Corporation’s Bond Resolution must be observed to avoid rebate payments.
RESOLVED FURTHER, that the Contract of Compass Municipal Advisors, LLC, Lexington, Kentucky, for its services as Municipal Advisor is hereby authorized, ratified and approved and the Chairperson and Secretary are hereby authorized to execute said Contract on behalf of the Board. In accordance with Municipal Securities Rulemaking Board Rule G-23 as amended November 28, 2011, said Municipal Advisor shall not provide any underwriting services. Compensation of said Municipal Advisor will be in accordance with the fee schedule approved the Kentucky Department of Education.
RESOLVED FURTHER, that the Secretary of the Corporation is herby authorized to execute an engagement letter with Steptoe & Johnson PLLC, to serve as Bond Counsel to the Corporation in connection with the issuance of the Bonds.
RESOLVED FURTHER, that Compass Municipal Advisors, LLC, Lexington, Kentucky, Municipal Advisor for the Board of Education and the Corporation, is hereby directed to prepare an Official Statement on behalf of and in conjunction with the Board of Education and the Board of Directors of the Corporation in regard to the issuance of the Bonds containing all pertinent information with regard thereto to be supplied prospective bidders for said Bonds.
RESOLVED FURTHER, that in accordance with the "Disclosure Rules" of the Securities and Exchange Commission, Rule 15c2-12(b)(5), as a result of the aggregate amount of bonds issued by the Corporation (or any other agency acting on behalf of the Board) exceeding $1,000,000 the Board and the Corporation shall enter into a written agreement for the benefit of all parties who may become Registered or Beneficial Owners of the Bonds whereunder said Corporation and Board will agree to comply with the provisions of the Municipal Securities Disclosure Rules set forth in Securities and Exchange Commission Rule 15c2-12 by filing annual financial statements, operating data and material events notices with the Electronic Municipal Market Access (EMMA) System maintained by the Municipal Securities Rule Making Board. | |
| IV. Superintendent's Report | |
| A. BG-1 Updates/Information | |
| B. Blanton Collier Stadium Updates | |
| C. Facilities Update | |
| D. Graduation/ End of Year Activities | |
| E. Superintendent Standards | |
| V. Board Comments | |
| VI. Adjournment | |