Henderson County
September 16, 2013 6:00 PM
Henderson County School District Finance Corporation Special Meeting
I. Call to Order
Ben Johnston - Chairperson
Rationale

Call Henderson County School District Finance Corporation Special Meeting to order

II. Confirm Officers
Ben Johnston - Chairperson
Rationale

Ben Johnston, President
Jon L. Sights, Vice-President
Dr. Thomas L. Richey, Secretary
Walt Spencer, Treasurer

Actions Taken

Order #1 - Motion Passed:  A motion to confirm officers as follows: Ben Johnston, President; Jon L. Sights, Vice-President; Dr. Thomas L. Richey, Secretary; Walt Spencer, Treasurer passed with a motion by Mr. Greg Hunsaker and a second by Mr. Jon Sights.

III. Consider Resolution for Revenue Bonds
Walt Spencer & Joe Nance
Rationale

Adopt Resolution authorizing the issuance of Revenue Bonds.

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 $1,200,000 PRINCIPAL AMOUNT (SUBJECT TO A PERMITTED ADJUSTMENT OF $120,000) OF SCHOOL BUILDING REVENUE BONDS IN ACCORDANCE WITH SECTIONS 58.010 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.

Actions Taken

Order #2 - Motion Passed:  A motion to adopt the Resolution authorizing the issuance of Revenue Bonds passed with a motion by Mr. Ben Johnston and a second by Mrs. Lisa Baird.

IV. Adjourn
Ben Johnston - Chairperson
Rationale

Adjourn Henderson County School District Finance Corporation Special Meeting and resume the Henderson County Board of Education Special Meeting

Actions Taken

Order #3 - Motion Passed:  A motion to adjourn the Henderson County School District Finance Corporation Special Meeting and reume the Henderson County Board of Education Regular Meeting passed with a motion by Mr. Greg Hunsaker and a second by Mr. Ben Johnston.