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 #40


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

Description

The District anticipates issuing Series 2010A Certificates of Participation (Qualified School Construction Bonds Federally Taxable Issuer Subsidy) in an amount not to exceed $43,026,000, in connection with the design and construction of various additions and renovations 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. 2010A, Series 2010A Supplemental Trust Agreement, Third Amendment to Assignment of Lease Agreement, 2010A 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[1].pdf
Attachment:  Exhibit_A_-_DOE_Allocation_Letter[1].pdf
Attachment:  Exhibit_B_-_Ground_Lease_Agreement[1].pdf
Attachment:  Exhibit_C_-_Lease_Schedule[1].pdf
Attachment:  Exhibit_D_-_Supplemental_Trust[1].pdf
Attachment:  Exhibit_E_-_Purchaser's_Proposal[1].pdf
Attachment:  Exhibit_F_-_Purchase_Agreement[1].pdf