This called meeting of the Board of Directors of the Jefferson County School District Finance Corporation was called to order on Monday, October 28, 2013, at the VanHoose Education Center, 3332 Newburg Road, Louisville, Kentucky 40218 at 6:45 p.m.

• Agenda 10 28 13 JCSDFC
• Meeting Notice 10 28 13 JCSDFC

This action is necessary for the orderly operation of the Corporation.

President Donna Hargens recommends that the minutes of the meeting of the Board of Directors, which was held on October 14, 2013, be and are hereby ratified and approved, and shall be entered into the minute book of the Corporation.

Motion Passed:  President Donna Hargens recommends that the minutes of the meeting of the Board of Directors, which was held on October 14, 2013, be and are hereby ratified and approved, and shall be entered into the minute book of the Corporation. The recommendation passed with a motion by Mr. Chuck Haddaway and a second by Mrs. Linda Duncan.

This action is necessary for the orderly operation of the Corporation.

Submitted By: Rosemary Miller

President Donna Hargens recommends that the following persons be elected to serve in the offices of the Corporation described below, effective immediately and until their successors are elected and have qualified:

President: Donna M. Hargens
Vice President: Diane Porter
Secretary: Carol Ann Haddad
Director: Chris Brady
Director: Linda Duncan
Director: Chuck Haddaway
Director: David A. Jones, Jr.
Director: Debbie Wesslund
Treasurer: J. Cordelia Hardin
Assistant Treasurer: Edward D. Muns

Motion Passed:  President Donna Hargens recommends that the following persons be elected to serve in the offices of the Corporation described below, effective immediately and until their successors are elected and have qualified: President: Donna M. Hargens Vice President: Diane Porter Secretary: Carol Ann Haddad Director: Chris Brady Director: Linda Duncan Director: Chuck Haddaway Director: David A. Jones, Jr. Director: Debbie Wesslund Treasurer: J. Cordelia Hardin Assistant Treasurer: Edward D. Muns The recommendation passed with a motion by Mrs. Carol Ann Haddad and a second by Mr. Chuck Haddaway.

This action is necessary in order to effect the issuance of the Corporation’s School Building Revenue Bonds, Series 2013C (the “Series 2013C Bonds” or the “Bonds”).

Submitted by: Rosemary Miller

• Bond Issue Approvals and Authorizations
• Series Resolution

President Donna Hargens recommends that the Board of Directors approve the attached Bond Issue Approvals and Authorizations.

Motion Passed:  President Donna Hargens recommends that the Board of Directors approve the attached Bond Issue Approvals and Authorizations. The recommendation passed with a motion by Mrs. Debbie Wesslund and a second by Mrs. Carol Ann Haddad.

The Louisville Renaissance Zone Corporation (“LRZC”) has filed an application with Louisville Metro to legally close Shuck Lane and Lortay Road, which are currently used to provide secondary access to Minors Lane Elementary. 

The Corporation consented to the closure of Shuck Lane and Lortay Road on condition that the LRZC and the Corporation execute and record an easement granting permanent access over property owned by LRZC immediately to the south of Minors Lane Elementary, which easement provides that

1. Lortay Road and Shuck Lane shall not be physically closed or removed until LRZC provides a permanent access easement and completes construction of a new access road from Minors Lane to the existing parking lot at the rear of Minors Lane Elementary School, which shall be designed and constructed at the sole cost and expense of LRZC;
2. the new access road shall be of similar width as Shuck Lane, and shall have lighting installed similar to the existing lighting on Shuck Lane at the sole cost and expense of LRZC;
3. the new access road shall be maintained (except snow removal) solely by LRZC, its successors and assigns; and
4. prior to the physical closure and removal of Lortay Road and Shuck Lane, LRZC shall at its sole cost and expense, remove the existing fence and clean up the fence line along the south property line of the Minors Lane Elementary School property, and shall install a new fence along the south property line of the Minors Lane Elementary School property.

Approval of the attached Resolution by the Finance Corporation, by and through its Board of Directors, is recommended, subject to and conditioned upon approval of the same by the Board of Education.

Submitted by: Rosemary Miller

• *JCSDFC Resolution Concerning Closure of Shuck Ln and Lortay Rd
• Declaration of Easement for Minors Lane ES

President Donna Hargens recommends that the Board of Directors approve the attached Resolution authorizing the President of the Corporation to sign the attached Declaration of Easement.

Motion Passed:  President Donna Hargens recommends that the Board of Directors approve the attached Resolution authorizing the President of the Corporation to sign the attached Declaration of Easement. The recommendation passed with a motion by Mrs. Linda Duncan and a second by Mrs. Carol Ann Haddad.

A motion to adjourn the October 28, 2013, special meeting of the Jefferson County School District Finance Corporation

Motion Passed:  A motion to adjourn the October 28, 2013, special meeting of the Jefferson County School District Finance Corporation passed with a motion by Mr. Chris Brady and a second by Mrs. Carol Ann Haddad.