Boone County
July 19, 2018 7:30 PM
Finance Corporation of the Boone County Board of Education
I. CALL TO ORDER
Rationale

 CALL TO ORDER

II. AUDIENCE OF CITIZENS
III. APPROVAL OF MINUTES AND FINANCIAL STATEMENTS
III.A. Approval of Minutes of the Corporation Meeting of June 19, 2018.
Rationale

For the board to approve the Minutes of the Corporation Meeting of June 19, 2018, as presented.

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III.B. Approval of Financial Statements
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IV. Bond Sale to Finance Ignite Institute
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For the board to adopt the resolution authorizing the Boone County School District Finance Corporation to issue revenue bonds in the amount of $13, 490,000.00 to finance the construction of Ignite Institute, s presented.

            BOONE COUNTY SCHOOL DIST. FIN. CORP. RESOLUTION

 

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BOONE COUNTY SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $13,490,000 PRINCIPAL AMOUNT (WHICH MAY BE INCREASED OR DECREASED BY THE AMOUNT OF $1,350,000) OF SCHOOL BUILDING REVENUE BONDS, SERIES 2018 IN ACCORDANCE WITH SECTIONS 162.120 THROUGH 162.300 AND 162.385 OF THE KENTUCKY REVISED STATUTES, TO PROVIDE FUNDS FOR SCHOOL BUILDING PURPOSES; PROVIDING AND DETERMINING THE DUTY OF THE CORPORATION IN CONNECTION WITH THE OPERATION OF THE SCHOOL PROPERTY AND THE CREATION OF FUNDS SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS AS AND WHEN THEY MATURE AND THE CREATION OF AN ADEQUATE MAINTENANCE AND INSURANCE FUND; AND AUTHORIZING THE EXECUTION OF LEASE AND OTHER INSTRUMENTS WITH RESPECT TO SUCH PROPERTY WITH THE BOARD OF EDUCATION OF THE BOONE COUNTY SCHOOL DISTRICT.

 

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V. ADJOURNMENT