Henderson County School District Finance Corporation Officers

President:  Lisa Baird

Vice-President:  Jennifer Keach

Secretary:  Marganna Stanley

Treasurer:  Cindy Cloutier

Order #1 - Motion Passed:  A motion to confirm the Officers of the Henderson County School District Finance Corporation as presented passed with a motion by Dr. Sally Sugg and a second by Mrs. Lisa Baird.

HENDERSON COUNTY SCHOOL DIST.  FINANCE CORPORATION  RESOLUTION

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE HENDERSON COUNTY SCHOOL DISTRICT FINANCE CORPORATION, RELATING TO AND PROVIDING FOR THE ISSUANCE OF $17,845,000 PRINCIPAL AMOUNT (SUBJECT TO A PERMITTED ADJUSTMENT OF $1,785,000) 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 HENDERSON COUNTY SCHOOL DISTRICT.

Order #2 - Motion Passed:  A motion to adopt the Resolution authorizing the issuance of revenue Bonds as presented passed with a motion by Dr. Sally Sugg and a second by Mrs. Tracey Williams.

Order #3 - Motion Passed:  A motion to adjourn the Henderson County School District Finance Corporation special meeting and reconvene the Henderson County Board of Education special meeting passed with a motion by Dr. Sally Sugg and a second by Mrs. Lisa Baird.