Mercer County
January 17, 2019 6:00 PM
Finance Corporation Meeting
1. Call to Order/Roll Call
Board Chairman
Rationale

Marianne Davis, District 1

Larry Yeager, District 2

Billy Montgomery, District 3

Christie Devine, District 4

Randy Phillips, District 5

2. Approval of Agenda
Board Chairman
Rationale

The agenda is being presented for approval. Any changes are to be made at this time.

3. Confirmation of Officers
Board Chairman
Rationale

Mercer County School District Finance Corporation slate of officers:

 

President -

Vice President -

Treasurer -

Secretary -

Members:  

4. Consideration of District Improvements Project Revenue Bonds
Board Chairman
Rationale

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MERCER COUNTY SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $685,000 PRINCIPAL AMOUNT (SUBJECT TO A PERMITTED ADJUSTMENT OF $70,000) OF SCHOOL BUILDING REVENUE BONDS IN ACCORDANCE WITH SECTIONS 58.180 AND 162.120 THROUGH 162.290 AND 162.385 OF THE KENTUCKY REVISED STATUTES TO PROVIDE FUNDS FOR SCHOOL BUILDING PURPOSES, PROVIDING AND DETERMINING THE DUTY OF SAID CORPORATION IN CONNECTION WITH THE OPERATION OF THE SCHOOL PROPERTY, THE CREATION OF FUNDS SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON SAID REVENUE BONDS AS AND WHEN THEY MATURE, THE CREATION OF ADEQUATE MAINTENANCE AND INSURANCE FUNDS, AND AUTHORIZING THE EXECUTION OF A LEASE OF SUCH FOREGOING PROPERTY TO THE BOARD OF EDUCATION OF THE MERCER COUNTY SCHOOL DISTRICT.

5. Adjournment
Board Chairman