July 22, 2014
Status:
Open Agenda
Adopt the revisions to Policy 3120.1, Debt Policy Supplement. This is the final adoption reading.
Revisions are being made to Policy 3120.1 to comply with new and/or updated pronouncements on Swaps from the Dodd-Frank Act, to include the designation of a Qualified Independent Representative ("QIR").
See attached Executive Summary.
The revisions were discussed at the May 27, 2014 School Board Workshop, the June 17, 2014 public rule development meeting and a final adoption at this July 22, 2014 Regular School Board Meeting. This policy was advertised on June 22, 2014.
There is no financial impact to the District.
Requested Action
Adopt the revisions to Policy 3120.1, Debt Policy Supplement. This is the final adoption reading.
Summary
Revisions are being made to Policy 3120.1 to comply with new and/or updated pronouncements on Swaps from the Dodd-Frank Act, to include the designation of a Qualified Independent Representative ("QIR").
See attached Executive Summary.
The revisions were discussed at the May 27, 2014 School Board Workshop, the June 17, 2014 public rule development meeting and a final adoption at this July 22, 2014 Regular School Board Meeting. This policy was advertised on June 22, 2014.
School Board Goals
| Goal 3: Effective Communication |
Financial Impact
There is no financial impact to the District.
Source of Additional Information
Ivan Perrone 754-321-1980
Associated File Attachments
 |
Executive Summary (Files) | |
|
|
Recommended Changes Matrix (Files) | |
|
|
Debt Supplement Redline (Files) | |
|
|
Debt Supplement clean (Files) | |
|
|
CC-3 Executed ARF (Files) |