Covington Independent
September 12, 2019 5:30 PM
Covington Finance Corporation
I. Call to Order
Mr. Tom Wherry, Board Chair
II. Roll Call
Mr. Tom Wherry, Board Chair
III. Consider Resolution for Refunding 2008 & 2009 Revenue Bonds
Mr. Bob Tarvin, Ross, Sinclair & Associates, LLC
Rationale

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COVINGTON INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $1,355,000 PRINCIPAL AMOUNT (WHICH MAY BE INCREASED OR DECREASED BY THE AMOUNT OF $140,000) OF SCHOOL BUILDING REVENUE REFUNDING BONDS, SERIES 2019, IN ACCORDANCE WITH SECTIONS 162.120 THROUGH 162.300 AND 162.385 OF THE KENTUCKY REVISED STATUTES, TO PROVIDE FUNDS FOR THE CURRENT REFUNDING OF THE OUTSTANDING COVINGTON INDEPENDENT SCHOOL DISTRICT FINANCE CORPORATION SCHOOL BUILDING REVENUE BONDS, SERIES 2008B & 2009; 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 A LEASE AND OTHER INSTRUMENTS WITH RESPECT TO SUCH PROPERTY WITH THE BOARD OF EDUCATION OF THE COVINGTON INDEPENDENT SCHOOL DISTRICT

IV. Adjournment
Mr. Tom Wherry, Board Chair