BROWARD SCHOOL BOARD LEASING CORPORATION

 

SPECIAL MEETING

 

TUESDAY, APRIL 07, 2020 10:00 A.M.

Kathleen C. Wright Administration Center

600 Southeast Third Avenue, Board Room

Fort Lauderdale, Florida

 

AGENDA FOR LEASING CORPORATION MEETING

 

 

 

This Leasing Corporation Meeting will be conducted by Board Members being both physically present and via electronic communication. The meeting will also be live streamed. Due to Broward County Administrator's Emergency Order 20-01, public comment will be accepted on all agenda items in the following manner: Any person may submit written comments regarding noticed agenda items to: Noemi Gutierrez, Supervisor, Official School Board Records, 600 Southeast Third Avenue, Fort Lauderdale, FL 33301 or by e-mail to PublicComment@browardschools.com no later than two (2) hours in advance of the published time of the Leasing Corporation meeting. Anonymous comments will not be accepted; therefore, each written comment must include the person's name and address. Pursuant to School Board Policy 1100A, in the event a large group of individuals (more than twenty (20)) sign-up to speak on one agenda item, the Board Chair has the authority to adjust the time limit for each speaker to speak less than the three (3) minutes (which is approximately 400 words) usually permitted, and/or limit the overall time speakers will be heard on that item.

 

Notice is hereby given that one or more Board Members of The School Board of Broward County, Florida, will be participating electronically.

 

CALL TO ORDER

 

MINUTES FOR APPROVAL

 

November 19, 2019 - Annual Leasing Corporation Meeting (Supporting Docs)

 

PURPOSE OF MEETING: For The Broward School Board Leasing Corporation to Adopt Resolution No. 20-01 - Certificates of Participation, Series 2020A, and any other items the Board deems necessary.

 

SUPERINTENDENT'S RECOMMENDATION:

 

1. Resolution No. 20-01 - Certificates of Participation, Series 2020A (Supporting Docs)

 

Adopt Resolution No. 20-01 - Certificates of Participation, Series 2020A.

 

Adopt Resolution No. 20 - 01 approving the negotiated sale of Certificates of Participation, Series 2020A in an aggregate principal amount not to exceed $250 million.

 

See Supporting Docs for continuation of Summary Explanation and Background.

 

These documents have been reviewed and approved as to form and legal content by Bond Counsel.

 

The proceeds of this financing will not exceed an aggregate principal amount of $250 million. These proceeds will be placed into the Capital Projects Reserve. Costs of issuance for these bonds is expected to be approximately $1.2 million and will be funded through the bond proceeds. Additional allocations into the SMART Program construction projects require the Board's approval.

 

ADJOURNMENT

 

PURSUANT TO FLORIDA STATUTE 286.0105: Any person who decides to appeal any decision made at a meeting(s) announced in this notice with respect to any matter considered at such meeting(s) will need a record of the proceedings and for such purpose 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.

 

PURSUANT TO FLORIDA STATUTE 120.54(5)(b)2: Telephone conferencing or other telecommunications media technology may be used in the conduct of this meeting to permit absent members of the Board or committee to participate and to be heard by those persons in attendance at the noticed location of the meeting.

 

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.