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March 16, 2020 at 6:00 PM - Regular Meeting

Agenda
I. DECLARE QUORUM:  6:00 P.M.
II. PLEDGE OF ALLEGIANCE
III. PUBLIC FORUM
IV. SUPERINTENDENT'S RECOGNITIONS
Presenter:  Christine Parks
IV.A. TASB Business Recognition Program - Cloud Construction
IV.B. Recognition of the School Nutrition Department - Best of the Bunch
IV.C. MATHCOUNTS State Qualifier's Recognition
IV.D. National Athletic Training Month
Description:  Temple High School's Athletic Trainers will be recognized.
V. EXECUTIVE HIRES
Presenter:  Joe Palmer
VI. BOARD PRESIDENT'S REPORT
Presenter:  Dan Posey
VI.A. Future Items of Discussion
VI.B. Important Dates
Attachments: (2)
VII. CONSENT ITEMS
Consideration for Approval of the following group of items:
Recommendation:  Approve Consent Agenda Items VII.A - G,1.
VII.A. 2020-2021 TISD Calendar Revision (Add February 15, President's Day, as a Student and Staff Holiday and May 24 Becomes a Regular School Day.)
VII.B. District Enrollment Update
Attachments: (2)
VII.C. Budget Amendment #08
Attachments: (1)
VII.D. Purchases Over $50,000
VII.D.1. Security Camera Grant
Attachments: (1)
VII.E. Memorandum of Understanding for TSTC
VII.F. Purchases Over $25,000 and up to $50,000
Description:  This is notification of a district purchase.
VII.F.1. HVAC Replacement at THS Small Gym and Locker Room
VII.F.2. Painting of the THS Small Gym
Attachments: (1)
VII.G. Minutes:
VII.G.1. Regular Meeting, February 10, 2020 - 6:00 p.m.
Attachments: (1)
VIII. ACTION ITEMS
VIII.A. Human Resources
Presenter:  Joe Palmer
VIII.A.1. Consideration to  Approve and  Adopt a Board Resolution to Pay Employees During Emergency Closure
VIII.B. Curriculum and Instruction
Presenter:  Lisa Adams
VIII.C. Finance and Facilities
Presenter:  Kent Boyd
VIII.C.1. Consideration for Approval of Certification of Unopposed Candidates for Districts 2 and 7
Attachments: (1)
VIII.C.2. Consideration for Approval of Order of Cancellation for Trustee Election for Districts 2 and 7
Attachments: (1)
VIII.C.3. Consideration for Approval of an Order Authorizing the Issuance of Refunding Bonds and Directing the Superintendent or Assistant Superintendent of Finance & Operations to Serve as Pricing Agent Within Parameters Set by the Board
Description:  Our financial advisor is asking the Board to consider moving forward with refinancing the District’s Unlimited Tax School Building Bonds, Series 2011 for savings. The 2011 Bonds are currently paying interest rates between 4-4.25%. Current market interest rates should be between 2.50-3.00%. By refinancing, the District can replace the higher, old interest rate with the new, current market rate to generate significant interest savings.

The 2011 Bonds become currently callable on February 1, 2021. Because interest rates are at all-time lows in the bond market, our financial advisor is encouraging us to consider refinancing now (instead of waiting for the call date) through either a taxable refunding, or a "forward" current refunding. Jennifer Ritter will be present at our meeting on March 16 to explain both options. The Board is being asked to consider a "delegation" refunding, which allows the Board to delegate the pricing to the Superintendent and/or Assistant Superintendent of Finance & Operations so that we can price as quickly as possible. This allows the Board to set parameters (maximum size & minimum savings, etc.) that Staff can then execute on your behalf on the best day in the market, instead of waiting for a scheduled Board meeting date to sell the bonds. It is a beneficial tool to maximize savings. It is also no cost to the District should interest rates rise and the refunding no longer works.
 
VIII.C.4. Lamar Middle School Update
VIII.D. Student Services
Presenter:  Eric Haugeberg
VIII.E. Board Committee Reports
VIII.E.1. Facilities Committee Update - February 27, 2020 - 4:00 pm.  Minutes are included.
Presenter:  Ronnie Gaines
Attachments: (1)
VIII.E.1.a. Next Committee Meeting, Thursday, March 26, 2020 - 4:00 p.m. 
VIII.E.2. Policy Committee Update - Meeting canceled February 26, 2020 - 4:00 p.m.  
Presenter:  Linell Davis
VIII.E.2.a. Next Committee Meeting, Wednesday, March 25, 2020 - 4:00 p.m. 
IX. ADJOURNMENT

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