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September 9, 2020 at 6:30 PM - Regular Meeting

Minutes
I. Call to Order
II. Pledge of Allegiance
III. Public Comments
IV. Consent Agenda: Items to be approved in one all-encompassing motion. If discussion is desired on a particular item, it will be removed from the consent agenda.
IV.A. Meeting Minutes
IV.B. Monthly Financial Report
IV.C. Monthly Checks Written
V. Construction Update
VI. Consider and approve proposal from Gessner Engineering for construction materials testing for the 2019 Moulton ISD bond project
VII. Discussion and Possible Action for restructuring the 2019 Moulton ISD bond accounts at South Star Bank. 
Description:  We are looking at taking some of the bond monies and placing them in CD's of different term with the intent of getting a higher interest rate on the money.  This would lock us into guaranteed returns on the money.  The up side is if the interest rates remain the same or go lower we will be in a better position with interest rates.  The down side is if the interest rates go up we could be locked into rates were we are earning less that we could be and be in a position of leaving interst money on the table.  We are not looking at there being any risk to the bond principal.
VIII. Counselor Report
IX. Principal Reports
X. Athletic/Maintenance Director Report
XI. Superintendent's Report
XII. Adjourn
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