Jefferson County
July 28, 2014 6:50 PM
Jefferson County School District Finance Corporation
I. Call to Order
Rationale

Audio: 7 28 2014 Finance Corp Meeting

This called meeting of the Board of Directors of the Jefferson County School District Finance Corporation was called to order on Monday, July 28, 2014, at the VanHoose Education Center, 3332 Newburg Road, Louisville, Kentucky, 40218, at 6:50 p.m.

Attachments
II. Approval of Minutes of Previous Meeting of Board of Directors
Rationale

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

Recommended Motion

President Donna Hargens recommends that the minutes of the Board of Directors, which was held on April 21, 2014, be and are hereby ratified and approved, and shall be entered into the minute book of the Corporation.

Actions Taken

Motion Passed:  President Donna Hargens recommends that the minutes of the Board of Directors, which was held on April 21, 2014, 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. Carol Ann Haddad.

III. Bond Issue Approvals and Authorizations
Rationale

This action is necessary in order to effect the issuance of the Corporation's School Building Revenue Refunding Bonds, Series 2014B (the "Series 2014B Bonds" or the "Bonds"). The current interest rate on the outstanding bonds to be refunded by the Series 2014B Bonds is 4.000 percent.

The refunding bonds authorized by the attached Resolutions are expected to capture substantial savings available at the current market's lower long-term interest rates.

Submitted By: Rosemary Miller

Attachment

Attachments
Recommended Motion

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

Actions Taken

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. Carol Ann Haddad and a second by Mr. David Jones.

IV. Other Business
V. Adjournment
Recommended Motion

A motion to adjourn the July 28, 2014, special meeting of the Jefferson County School District Finance Corporation

Actions Taken

Motion Passed:  A motion to adjourn the July 28, 2014, special meeting of the Jefferson County School District Finance Corporation passed with a motion by Mr. Chris Brady and a second by Mr. David Jones.