Berea Independent
May 19, 2025 6:50 PM
BEREA INDEPENDENT BOARD OF EDUCATION
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I. CALL TO ORDER/PLEDGE OF ALLEGIANCE TO THE FLAG
II. ADOPTION OF AGENDA
Actions Taken

Motion Passed:  Approval of the agenda as written was passed with a motion by Mr. Nathaniel Hackett and a second by Dr. Jacqueline Burnside.

Member Votes
Dr. Jacqueline Burnside Yes
Mr. Nathaniel Hackett Yes
Mr. Tom McCay Yes
Mr. J. Morgan Yes
Ms. Sarah Rohrer Yes
III. BUSINESS/ACTION ITEMS FOR BOARD CONSIDERATION
III.A. Confirm Members of Berea Independent School District Finance Corporation
Rationale

Motion to approve the current members of the Board of Education of Berea Independent School District as the members of the Berea Independent School District Finance Corporation. Requested by Nathan Sweet, Finance Director, and recommended by Dr. Elmer Thomas, Superintendent.

Actions Taken

Motion Passed:  Approve the current members of the Board of Education of Berea Independent School District as the members of the Berea Independent School District Finance Corporation passed with a motion by Mr. Nathaniel Hackett and a second by Dr. Jacqueline Burnside.

Member Votes
Dr. Jacqueline Burnside Yes
Mr. Nathaniel Hackett Yes
Mr. Tom McCay Yes
Mr. J. Morgan Yes
Ms. Sarah Rohrer Yes
III.B. Officers of Berea Independent School District Finance Corporation
Rationale

Motion to approve J. Morgan as President, Sarah Rohrer as Vice-President, Dr. Elmer Thomas as Secretary and Nathan Sweet as Treasurer of Berea Independent School District Finance Corporation. Requested by Nathan Sweet, Finance Director, and recommended by Dr. Elmer Thomas, Superintendent.

 

Actions Taken

Motion Passed:  Approve J. Morgan as President, Sarah Rohrer as Vice-President, Dr. Elmer Thomas as Secretary and Nathan Sweet as Treasurer of Berea Independent School District Finance Corporation passed with a motion by Mr. Nathaniel Hackett and a second by Dr. Jacqueline Burnside.

Member Votes
Dr. Jacqueline Burnside Yes
Mr. Nathaniel Hackett Yes
Mr. Tom McCay Yes
Mr. J. Morgan Yes
Ms. Sarah Rohrer Yes
III.C. Resolution to Use Excess Bond Proceeds to Pay Debt Service and Defease Bonds
Rationale

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BEREA INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION (“CORPORATION”) AUTHORIZING THE USE OF EXCESS PROCEEDS OF ITS
ENERGY CONSERVATION REVENUE BONDS, SERIES 2023 (THE “BONDS”) TO PAY DEBT SERVICE AND DEFEASE BONDS AND AUTHORIZING THE EXECUTION OF AN ESCROW AGREEMENT TO DEFEASE A PORTION OF SUCH BONDS. Requested by Nathan Sweet, Finance Director, and recommended by Dr. Elmer Thomas, Superintendent.

 

 

 

Actions Taken

Motion Passed:  Approve the RESOLUTION OF THE BOARD OF DIRECTORS OF THE BEREA INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION (“CORPORATION”) AUTHORIZING THE USE OF EXCESS PROCEEDS OF ITS ENERGY CONSERVATION REVENUE BONDS, SERIES 2023 (THE “BONDS”) TO PAY DEBT SERVICE AND DEFEASE BONDS AND AUTHORIZING THE EXECUTION OF AN ESCROW AGREEMENT TO DEFEASE A PORTION OF SUCH BONDS passed with a motion by Ms. Sarah Rohrer and a second by Mr. Nathaniel Hackett.

Member Votes
Dr. Jacqueline Burnside Yes
Mr. Nathaniel Hackett Yes
Mr. Tom McCay Yes
Mr. J. Morgan Yes
Ms. Sarah Rohrer Yes
IV. ADJOURNMENT
Actions Taken

Motion Passed:  Approval to adjourn the meeting passed with a motion by Mr. Nathaniel Hackett and a second by Dr. Jacqueline Burnside.

Member Votes
Dr. Jacqueline Burnside Yes
Mr. Nathaniel Hackett Yes
Mr. Tom McCay Yes
Mr. J. Morgan Yes
Ms. Sarah Rohrer Yes