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

Motion Passed:  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: Van Gravitt as President, Jackie Burnside as Vice President, Diane Hatchett as Secretary and Tony Tompkins as Treasurer of Berea Independent School District Finance Corporation passed with a motion by Rebecca Blankenship and a second by Mr. Tom McCay.

Motion to Approve Van Gravitt as President, Jackie Burnside as Vice President, Diane Hatchett as Secretary and Tony Tompkins as Treasurer of Berea Independent School District Finance Corporation. Requested and recommended by Dr. Diane Hatchett, Superintendent.

Motion Passed:  Motion to Approve Van Gravitt as President, Jackie Burnside as Vice President, Diane Hatchett as Secretary and Tony Tompkins as Treasurer of Berea Independent School District Finance Corporation passed with a motion by Mr. Tom McCay and a second by Rebecca Blankenship.

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BEREA INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $5,365,000 PRINCIPAL AMOUNT (SUBJECT TO A PERMITTED ADJUSTMENT OF $535,000) OF SPECIAL OBLIGATION BONDS (ENERGY CONSERVATION REVENUE BONDS) IN ACCORDANCE WITH THE KENTUCKY REVISED STATUTES, SECTIONS 58.010 THROUGH 58.140; 58.600 THROUGH 58.615; 45A.345 THROUGH 45A.460; 65.940 THROUGH 65.956; AND 160.160 TO PROVIDE FUNDS FOR ENERGY CONSERVATION MEASURES, PROVIDING AND DETERMINING THE DUTY OF SAID CORPORATION IN CONNECTION WITH THE OPERATION OF THE SCHOOL PROPERTIES AND 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, AUTHORIZING AND APPROVING THE EXECUTION OF CONTINUING DISCLOSURE PROCEDURES; AND AUTHORIZING THE EXECUTION OF A LEASE OF SUCH FOREGOING PROPERTIES TO THE BOARD OF EDUCATION OF THE BEREA INDEPENDENT SCHOOL DISTRICT Requested Tony Tompkins, Director of Operations and recommended by Dr. Diane Hatchett, Superintendent.

Motion Passed:  A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BEREA INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $5,365,000 PRINCIPAL AMOUNT (SUBJECT TO A PERMITTED ADJUSTMENT OF $535,000) OF SPECIAL OBLIGATION BONDS (ENERGY CONSERVATION REVENUE BONDS) IN ACCORDANCE WITH THE KENTUCKY REVISED STATUTES, SECTIONS 58.010 THROUGH 58.140; 58.600 THROUGH 58.615; 45A.345 THROUGH 45A.460; 65.940 THROUGH 65.956; AND 160.160 TO PROVIDE FUNDS FOR ENERGY CONSERVATION MEASURES, PROVIDING AND DETERMINING THE DUTY OF SAID CORPORATION IN CONNECTION WITH THE OPERATION OF THE SCHOOL PROPERTIES AND 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, AUTHORIZING AND APPROVING THE EXECUTION OF CONTINUING DISCLOSURE PROCEDURES; AND AUTHORIZING THE EXECUTION OF A LEASE OF SUCH FOREGOING PROPERTIES TO THE BOARD OF EDUCATION OF THE BEREA INDEPENDENT SCHOOL DISTRICT passed with a motion by Rebecca Blankenship and a second by Dr. Jacqueline Burnside.

Motion Passed:   passed with a motion by Rebecca Blankenship and a second by Mr. Tom McCay.