June 16, 2005 at 7:00 AM - Special

I. Call to Order

I.A. Prayer - Alan Moore

I.B. Pledges of Allegiance

I.B.1. United States of America Flag

I.B.2. State of Texas Flag

II. Recess to Public Facilities Corporation Meeting

III. MEETING OF THE LA FERIA INDEPENDENT SCHOOL DISTRICT FACILITIES CORPORATION

III.A. CONSIDERATION AND APPROVAL OF A RESOLUTION BY THE BOARD OF DIRECTORS OF THE LA FERIA INDEPENDENT SCHOOL DISTRICT PUBLIC FACILITIES CORPORATION APPROVING THE FIRST AMENDMENT TO THE LEASE WITH OPTION TO PURCHASE PERTAINING TO (1) THE "LA FERIA INDEPENDENT SCHOOL DISTRICT PUBLIC FACILITY CORPORATION SCHOOL FACILITY LEASE REVENUE BONDS, SERIES 1999" AND (2) THE "LA FERIA INDEPENDENT SCHOOL DISTRICT PUBLIC FACILITY CORPORATION SCHOOL FACILITY LEASE REVENUE BONDS, SERIES 2000"; AUTHORIZING THE EXECUTION OF ALL DOCUMENTS RELATING TO THIS FIRST AMENDMENT; AUTHORIZING THE DEFEASANCE OF THE SERIES 1999 LEASE REVENUE OBLIGATIONS, THE SERIES 2000 LEASE REVENUE OBLIGATIONS, THE SERIES 2001 LEASE REVENUE OBLIGATIONS, AND THE SERIES 2002 LEASE REVENUE OBLIGATIONS AND THE EXECUTION OF ALL REAL ESTATE DOCUMENTS RELATING THERETO; AUTHORIZING THE CONVEYANCE OF THE SCHOOL FACILITIES TO THE LA FERIA INDEPENDENT SCHOOL DISTRICT; AND RESOLVING OTHER MATTERS INCIDENT AND RELATED THERETO

IV. Reconvene in Special School Board of Trustees Meeting

V. CONSIDERATION AND APPROVAL OF A RESOLUTION BY THE BOARD OF TRUSTEES OF THE LA FERIA INDEPENDENT SCHOOL DISTRICT APPROVING THE FIRST AMENDMENT TO THE LEASE WITH OPTION TO PURCHASE PERTAINING TO (1) THE "LA FERIA INDEPENDENT SCHOOL DISTRICT PUBLIC FACILITY CORPORATION SCHOOL FACILITY LEASE REVENUE BONDS, SERIES 1999" AND (2) THE "LA FERIA INDEPENDENT SCHOOL DISTRICT PUBLIC FACILITY CORPORATION SCHOOL FACILITY LEASE REVENUE BONDS, SERIES 2000"; AUTHORIZING THE EXECUTION OF ALL DOCUMENTS RELATING TO THIS FIRST AMENDMENT; AUTHORIZING THE DEFEASANCE TO THE SERIES 1999 LEASE REVENUE OBLIGATIONS, THE SERIES 2000 LEASE REVENUE OBLIGATIONS, THE SERIES 2001 LEASE REVENUE OBLIGATIONS, AND THE SERIES 2002 LEASE REVENUE OBLIGATIONS AND THE EXECUTION OF ALL REAL ESTATE DOCUMENTS RELATING THERETO; ACCEPTING THE CONVEYANCE OF THE SCHOOL FACILITIES TO THE LA FERIA INDEPENDENT SCHOOL DISTRICT; AND RESOLVING OTHER MATTERS INCIDENT AND RELATED THERETO

VI. CONSIDERATION AND APPROVAL OF AN ORDER BY THE BOARD OF TRUSTEES OF THE LA FERIA INDEPENDENT SCHOOL DISTRICT AUTHORIZING THE ISSUANCE OF "LA FERIA INDEPENDENT SCHOOL DISTRICT UNLIMITED TAX BONDS, SERIES 2005". LEVYING A CONTINUING DIRECT ANNUAL AD VALOREM TAX FOR THE PAYMENT OF THE BONDS; PRESCRIBING THE FORM, TERMS, CONDITIONS, AND RESOLVING OTHER MATTERS INCIDENT AND RELATED TO THE ISSUANCE, SALE, AND DELIVERY OF THE BONDS, INCLUDING THE APPROVAL AND DISTRIBUTION OF AN OFFICIAL STATEMENT PERTAINING THERETO; AUTHORIZING THE EXECUTION OF A PAYING AGENT/REGISTRAR AGREEMENT AND A PURCHASE CONTRACT; AUTHORIZING CERTAIN ACTIONS WITH RESPECT TO THE SERIES 1999 LEASE REVENUE OBLIGATIONS, THE SERIES 2000 LEASE REVENUE OBLIGATIONS, THE SERIES 2001 LEASE REVENUE OBLIGATIONS, AND THE SERIES 2002 LEASE REVENUE OBLIGATIONS; COMPLYING WITH THE PROVISIONS OF THE DEPOSITORY TRUST COMPANY'S LETTER OF REPRESENTATIONS; AND PROVIDING AN EFFECTIVE DATE

VII. Closed Meeting Pursuant to Texas Government Code 551

VII.A. Personnel - Section .074

VII.A.1. Resignations

VII.A.2. New to District

VIII. Reconvene in Open Session

VIII.A. Action on Items Deliberated In Closed Meeting

IX. Adjourn