This called meeting of the Board of Directors of the Jefferson County School District Finance Corporation was called to order on Tuesday, April 16, 2024, at the VanHoose Education Center, Stewart Auditorium, 3332 Newburg Road, Louisville, Kentucky 40218 at 5:45 p.m. The meeting is to be held by video teleconference and broadcast to the public in compliance with KRS 61.826 and KRS 61.840.

• Agenda 04 16 24
• Call to Order
• Meeting Notice 04 16 24

WHEREAS, the Board of Directors (the “Board”) of the Jefferson County School District Finance Corporation (the “Corporation”) approved the issuance of its School Building Revenue Refunding Bonds, Series 2024A (the “Bonds”) at the duly called meeting of the Board on February 13, 2024 (the “February Meeting”);

WHEREAS, the Agenda Item for the February Meeting of the Board referenced an attachment of necessary resolutions and action items related to the Bonds that was inadvertently omitted from the materials for that meeting (the “Attachment”); and

WHEREAS, the Board, desiring to fully ratify and approve all actions taken prior to, and subsequent to, the February Meeting in connection with the issuance of the Bonds, hereby adopts the following resolutions.

RESOLVED, that the Board, having reviewed the minutes of the February Meeting (the “Reviewed Minutes”), hereby amends the Reviewed Minutes to include the Attachment as duly authorized and approved effective as of the February Meeting (the “Amendment,” and the Reviewed Minutes together with the Amendment being, collectively, the “Minutes”).

RESOLVED, that the Board hereby ratifies and approves the Minutes, and hereby directs that a true and complete copy of the Minutes be included in the minute book of the Corporation.

RESOLVED, that the Board hereby ratifies and approves all actions taken by the Board, the officers, and agents of the Corporation in connection with, and pursuant to, the issuance of the Bonds, including, without limitation, all authorizations, directions, empowerments, and approvals included in the Amendment, as duly authorized actions of the Corporation.

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

• JCSDFC Minutes - 02 13 24
• Resolutions

President Martin Pollio recommends that the minutes of the meeting of the Board of Directors which was held on February 13, 2024, as amended, be and hereby are ratified and approved, and shall be entered into the minute book of the Corporation.

Motion Passed:  President Martin Pollio recommends that the minutes of the meeting of the Board of Directors which was held on February 13, 2024, as amended, be and hereby are ratified and approved, and shall be entered into the minute book of the Corporation. The recommendation passed with a motion by Dr. Christopher Kolb and a second by Mrs. Linda Duncan.

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

• Elections

President Martin Pollio 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: Vice President Dr. Corrie Shull; Secretary James Craig; and Director Gail Logan Strange.

Motion Passed:  President Martin Pollio 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: Vice President Dr. Corrie Shull; Secretary James Craig; and Director Gail Logan Strange. The recommendation passed with a motion by Dr. Christopher Kolb and a second by Dr. Corrie Shull.

A contract has been prepared for the purchase of approximately 3.25 acres located at 4919 Poplar Level Road between ON SOK KIM and HAE SUN KIM and Jefferson County School District Finance Corporation for the purchase price of $708,714.

Attachment

• Sale and Purchase Agreement - 4919 Poplar Level Road

President Martin Pollio recommends that the Board of Directors approve the attached Sale and Purchase Agreement.

Motion Passed:  President Martin Pollio recommends that the Board of Directors approve the attached Sale and Purchase Agreement. The recommendation passed with a motion by Ms. Gail Logan Strange and a second by Dr. Corrie Shull.

Motion Passed:  A motion to adjourn the April 16, 2024, meeting at 5:51 p.m. passed with a motion by Mrs. Linda Duncan and a second by Dr. Christopher Kolb.