February 14, 2024 at 6:00 PM - Special Called Board Meeting

1. Declare a Quorum and Call to Order

2. Prayer, Pledge of Allegiance and Pledge to the Texas Flag

3. Open Forum

4. Reports/Discussion and Information Items:

5. Business Action Items:

5.A. Consider and possible action to approve and adopt an order authorizing the Board of Trustees of the Rosebud-Lott 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.

5.B. Consider and possible action to approve a resolution retaining the law firms of Powell Law Group, LLP ("PLG") and Haynes and Boone, LLP ("HB"), (collectively "Co-Bond Counsel") to provide specialized legal services in the connection with the issuance of public securities by the District, finding that PLG and HB 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 HB to serve as Co-Bond Counsel is in the best interests of the public residents of the District because PLG and HB will only be paid in the event that the public securities are actually issued; and all matters related thereto.

5.C. 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 said projects.

6. Superintendent's Comments:

7. Closed Session:

7.A. Texas Gov’t Code § 551.071 and 551.129. —Consult with legal counsel, as necessary, to address legal concerns, implications, and questions regarding the posted agenda items.

8. Consider and take possible action relative to items discussed in closed session.

9. Requests for Next Board Meeting Agenda Items

10. Adjournment