February 2, 2026 at 6:30 PM - Prairiland ISD

MEMBER ROLL CALL

INVOCATION, CALL TO ORDER, DETERMINATION OF QUORUM

PUBLIC COMMENT

SUPERINTENDENTS REPORTS Non-Action Items
 

Consider and possible action to approve and adopt an order authorizing the Board of Trustees of the Prairiland Independent School District to call a bond election to be held within said District; making provisions for the conduct and the giving of notice of the election; and providing for any other provisions related thereto.

 

Consider and possible action to approve a resolution retaining the law firms of Powell Law Group, LLP (“PLG”) and FBT Gibbons, LLP (“FBT”), (collectively “Co-Bond Counsel”) to provide specialized legal services in connection with the issuance of public securities by the District; finding that PLG and FBT are competent and experienced in handling such issuances of public securities, having handled such matters for more than a decade in the State of Texas; finding that: (i) such legal services require specialized expertise and experience in state and federal laws governing the issuance of public securities and therefore cannot be adequately performed by the attorneys and supporting personnel of the District; (ii) such legal services cannot be reasonably obtained from attorneys in private practice under a contract providing for the payment of hourly fees without contingency because the District will not be obligated to pay any legal fees unless the public securities are approved and actually issued; and (iii) entering into a contingent fee contract with PLG and FBT to serve as Co-Bond Counsel is in the best interests of the residents of the District because PLG and FBT will only be paid in the event that the public securities are actually issued; and all matters related thereto.
 

Consider the approval and adoption of a resolution declaring the official intent of the District to reimburse costs, in accordance with § 1.150-2 of the Treasury Regulations, incurred in connection with the District’s planned capital expenditures from the proceeds of the tax-exempt bonds which will finance the 2026 Bond Projects.
 

Executive Session- Authorized by the Texas Open Meeting Act, Texas Government Code Section 551.071 Private Consultaion with School Attorney - Section 551.072 Discussing Purchase, Exchange, Lease or Value of Real Property Section - 551.074- Personnel Matters - 551.082- School Children: School District Employees; Disciplinary Matter or Complaint

ADJOURNMENT