THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA
OFFICE OF THE SUPERINTENDENT
Board Room of the Kathleen C. Wright Administration Center
600 Southeast Third Avenue
Fort Lauderdale, Florida
Special School Board Meeting
The Broward School Board Leasing Corporation
TUESDAY, JUNE 13, 2017 – 12:30 P.M.
June 9, 2017
1. Resolution No. 17-01 - Certificates of Participation, Series 2017A - Refunding Series 2012B (REVISED)
CALL TO ORDER
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA
MINUTES FOR APPROVAL
November 22, 2016 - Annual Leasing Corporation Meeting (Supporting Docs)
December 20, 2016 - Leasing Corporation - Special Meeting (Supporting Docs)
PURPOSE OF MEETING: For The School Board of Broward County, Florida, to Adopt Resolution No. 17-01 - Certificates of Participation, Series 2017A - Refunding Series 2012B, and any other items the Board deems necessary.
1. Resolution No. 17-01 - Certificates of Participation, Series 2017A - Refunding Series 2012B (Supporting Docs)
Adopt Resolution No. 17-01 - Certificates of Participation, Series 2017A - Refunding Series 2012B.
While interest rates remain historically low, the District is seeking to refund Certificates of Participation (COPs), Series 2012B.
See Supporting Docs for continuation of Summary Explanation and Background.
The attached documents have been reviewed and approved as to form and legal content by Bond Counsel.
This refunding will generate approximately $450,000 in savings (net of costs of issuance of approximately $100,000). Actual savings may be higher or lower depending on the market at the time of pricing.
PURSUANT TO FLORIDA STATUTE 286.0105: If a person decides to appeal any decision made by the School Board with respect to any matter considered at a meeting or hearing, he/she will need a record of the proceedings, and for such purpose, he/she may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based.
Individuals with disabilities requesting accommodations under the Americans with Disabilities Act Amendments Act of 2008, (ADAAA) may call Equal Educational Opportunities/ADA Compliance Department at 754-321-2150 or Teletype Machine (TTY) 754-321-2158.