Minutes of the Special Meeting of the Board of Directors of
the Arvin Union School District Financing Corporation held on
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The meeting was called to order by Mr. Stoner at |
Call to Order |
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Members Present: Mr. Bill Stoner, President Mr. Tim Owens Mrs. Joycene
Tarver, Clerk Mr. Fausto
Sanchez |
Roll Call |
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Members Absent:
Mr. Angel Sumaya |
Absent |
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Staff Present: Mr. Kenneth R. Bergevin,
Superintendent
Mrs. Jerelle D. Kavanagh, Assistant Superintendent
Mrs. Kathie Kouklis, BME Principal
Mrs. Georgia Rhett, SV Vice Principal
Mr. Dave Bowling, HD Principal
Mrs.
Debbie L. Hearron, District Secretary Mr. David Zamarron, District
Director of MOTS Ms. Jacalyn Durand, SV Teacher,
ATA President |
Staff Present |
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Others Present: Mr. Benjamin Dolinka – David Taussig & Assoc.,
Mr. Greg Harrington – Orrick, Harrington & Sutcliffe LLP, Mr. Gene
Hartline – California Financial Services |
Others |
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Mr. Owens led the Pledge of
Allegiance. |
Pledge of Allegiance |
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Mr. Bergevin informed the Board there
were changes to the agenda. |
Adoption of Agenda |
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Bergevin introduced Mr. Dolinka, Mr. Greg
Harrington and Mr. Hartline as the District Primary Financing Team Members of
the 2006 Facility Bridge Funding Program.
Mr. Hartline of CFS gave a complete overview of the functions of the
financing team to the Board. A time of
question and answer was held and then the following action was taken. |
Introduction of Guests |
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On motion of Mr. Owens, seconded by Mrs. Tarver, the
board unanimously approved Resolution #14:2005/06 - RESOLUTION OF THE BOARD
OF DIRECTORS OF THE ARVIN UNION SCHOOL DISTRICT FINANCING CORPORATION
AUTHORIZING THE EXECUTION AND DELIVERY BY THE CORPORATION OF A GROUND LEASE,
A LEASE AGREEMENT, A TRUST AGREEMENT AND AN ASSIGNMENT AGREEMENT WITH RESPECT
TO THE EXECUTION AND DELIVERY OF ARVIN UNION SCHOOL DISTRICT CERTIFICATES OF
PARTICIPATION (2006 SCHOOL FACILITY BRIDGE FUNDING PROGRAM), AUTHORIZING THE
EXECUTION AND DELIVERY OF SUCH CERTIFICATES EVIDENCING PRINCIPAL IN AN
AGGREGATE AMOUNT OF NOT TO EXCEED $10,000,000 AND AUTHORIZING THE EXECUTION
OF NECESSARY DOCUMENTS AND CERTIFICATES AND RELATED ACTIONS IN CONNECTION
THEREWITH. |
Resolution #14:2005/06 - Financing Corporation 2006 |
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On motion of Mr. Owens, seconded by Mrs. Tarver, the board unanimously
adjourned the meeting at |
Adjournment |
_______________________________________ __________________________________________
Clerk Secretary