e|agenda.NET
Sarasota County Schools
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 6:30 P. M.
August 3, 2010 Board Meeting
Agenda Item #41


Title
APPROVAL OF CERTIFICATE RESOLUTION AND RELATED FINANCING DOCUMENTS FOR SERIES 2010B

Description

The District anticipates issuing Series 2010B Certificates of Participation in an amount not to exceed $100 million in connection with the design and construction of the Venice High School replacement, Sarasota County Technical Institute Phase III, and certain additions and renovation to Booker High School.  Prior to the District entering into a debt instrument, the Board is required to approve the leasing documents that include the Certificate Resolution and related Financing documents attached as Exhibits to the Resolution (Ground Lease, Lease Schedule No. 2010B, Series 2010B supplemental Trust Agreement, Fourth Amendment to Assignment of Lease Agreement, 2010B Preliminary Offering Statement, and Official Notice of Sale).



Recommendation

That the School Board of Sarasota County approve the Certificate Resolution and related Financing Documents as presented.



Contact
WHITE & CORCORAN

Financial Impact

N/A




Attachment:  School_Board_Resolution[2].pdf
Attachment:  Exhibit_A_-_Ground_Lease_Agreement[1].pdf
Attachment:  Exhibit_B_-_Lease_Schedule_No._2010B[1].pdf
Attachment:  Exhibit_C_-_Supplemental_Trust[1].pdf
Attachment:  Exhibit_D_-_POS.doc[1].pdf
Attachment:  Exhibit_E_-_Purchase_Contract[1].pdf