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Meeting Agenda
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1. Invocation
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2. Call To Order
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3. Roll Call of Board Members Present
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4. Recognition of Guests
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5. Open Forum
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6. Public Hearing
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6.A. Public hearing on the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, Comptroller Application #1385.
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6.B. Public hearing on the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, Comptroller Application #1386.
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7. Action Items
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7.A. Delilah Solar Energy
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7.A.a. Acknowledgement of the Individual Trustees of the Rivercrest Independent School District Board of Trustees Conflict of Interest Policy in connection with the Application and Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy LLC, Comptroller Application #1385
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7.A.b. Consider and possible action to adopt the Findings of Fact of the Rivercrest Independent School District Board of Trustees in connection with the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, Comptroller Application #1385, pursuant to Texas Tax Code § 313
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7.A.c. Consider and possible action to approve the Application for Appraised Value Limitation on Qualified Property and enter into an Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and
Delilah Solar Energy LLC, Comptroller Application #1385, pursuant to Texas Tax Code § 313. |
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7.A.d. Acknowledgement of the Individual Trustees of the Rivercrest Independent School District Board of Trustees Conflict of Interest Policy in connection with the Application and Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between
Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386 |
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7.A.e. Consider and possible action to adopt the Findings of Fact of the Rivercrest Independent School District Board of Trustees in connection with the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, Comptroller Application #1386, pursuant to Texas Tax Code § 313.
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7.A.f. Consider and possible action to approve the Application for Appraised Value Limitation on Qualified Property and enter into an Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386, pursuant to Texas Tax Code § 313.
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7.A.g. Consider and possible action to accept an Amendment to the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, pursuant to Section 10.2 of the Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy LLC, Comptroller Application #1385.
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7.A.h. Consider and possible action to accept an Amendment to the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, pursuant to Section 10.2 of the Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386.
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7.B. Series 2020 Obligations
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7.B.a. Consider and possible action to approve a resolution retaining the law firms of Powell, Youngblood & Taylor, LLP (“PYT”) and Haynes & Boone, LLP (“HB”) to provide specialized legal services as Co-Bond Counsel in connection with the issuance of public securities by the District; Finding that PYT and HB is 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 PYT and HB to serve as Co-Bond Counsel is in the best interests of the residents of the District because PYT and HB will only be paid in the event that the public securities are actually issued; and all matters related thereto
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7.B.b. Consider and possible action to approve resolutions authorizing the issuance of the Rivercrest Independent School District Maintenance Tax Note (the “Note”), Series 2020, and Rivercrest Independent School District Time Warrant (the “Warrant”), Series 2020; Providing for payment of the Note and Warrant; and Specifying the terms and features of the Note and Warrant
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7.C. Consensus
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7.C.a. Board Minutes
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7.C.b. Financial / I&S Statements
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7.C.c. Cafeteria Report
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7.C.d. Investment Report
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7.D. Review and Consider for Approval Check Payments
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7.E. Review and Consider for Approval Budget Amendment
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7.F. Deliberation and Possible Action to End Premium Rate Pay for Hourly Employees
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7.G. Consider for Approval Purchase of WRRSSA Adapted School Bus
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7.H. Review and Consider for Approval Bank Account Signatures
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8. Information Items
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8.A. Superintendent Report
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8.A.a. Upcoming Events
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8.A.b. Facilities and Summer Projects
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8.A.c. DOI Renewal and Amendment
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9. Executive Session
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9.A. Personnel
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9.A.a. Resignations
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9.A.b. Hiring
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9.B. Discipline
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9.C. Texas Gov’t Code § 551.087—Consult with legal counsel, as necessary, to address commercial or financial information that the District received regarding Delilah Solar Energy LLC and Delilah Solar Energy II LLC, with which the District is conducting economic development negotiations
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9.D. Texas Gov’t Code § 551.071—Consult with legal counsel, as necessary, to address legal concerns, implications, and questions regarding the posted agenda items.
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10. Reconvene from Executive Session
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11. Adjourn
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Agenda Item Details
Reload Your Meeting
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| Meeting: | May 12, 2020 at 6:00 PM - Regular Meeting | |
| Subject: |
1. Invocation
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|
| Subject: |
2. Call To Order
|
|
| Subject: |
3. Roll Call of Board Members Present
|
|
| Subject: |
4. Recognition of Guests
|
|
| Subject: |
5. Open Forum
|
|
| Subject: |
6. Public Hearing
|
|
| Subject: |
6.A. Public hearing on the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, Comptroller Application #1385.
|
|
| Subject: |
6.B. Public hearing on the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, Comptroller Application #1386.
|
|
| Subject: |
7. Action Items
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|
| Subject: |
7.A. Delilah Solar Energy
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|
| Subject: |
7.A.a. Acknowledgement of the Individual Trustees of the Rivercrest Independent School District Board of Trustees Conflict of Interest Policy in connection with the Application and Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy LLC, Comptroller Application #1385
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|
| Subject: |
7.A.b. Consider and possible action to adopt the Findings of Fact of the Rivercrest Independent School District Board of Trustees in connection with the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, Comptroller Application #1385, pursuant to Texas Tax Code § 313
|
|
| Subject: |
7.A.c. Consider and possible action to approve the Application for Appraised Value Limitation on Qualified Property and enter into an Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and
Delilah Solar Energy LLC, Comptroller Application #1385, pursuant to Texas Tax Code § 313. |
|
| Subject: |
7.A.d. Acknowledgement of the Individual Trustees of the Rivercrest Independent School District Board of Trustees Conflict of Interest Policy in connection with the Application and Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between
Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386 |
|
| Subject: |
7.A.e. Consider and possible action to adopt the Findings of Fact of the Rivercrest Independent School District Board of Trustees in connection with the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, Comptroller Application #1386, pursuant to Texas Tax Code § 313.
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| Subject: |
7.A.f. Consider and possible action to approve the Application for Appraised Value Limitation on Qualified Property and enter into an Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386, pursuant to Texas Tax Code § 313.
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| Subject: |
7.A.g. Consider and possible action to accept an Amendment to the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy LLC, pursuant to Section 10.2 of the Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy LLC, Comptroller Application #1385.
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|
| Subject: |
7.A.h. Consider and possible action to accept an Amendment to the Application for Appraised Value Limitation on Qualified Property from Delilah Solar Energy II LLC, pursuant to Section 10.2 of the Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes by and between Rivercrest Independent School District and Delilah Solar Energy II LLC, Comptroller Application #1386.
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| Subject: |
7.B. Series 2020 Obligations
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|
| Subject: |
7.B.a. Consider and possible action to approve a resolution retaining the law firms of Powell, Youngblood & Taylor, LLP (“PYT”) and Haynes & Boone, LLP (“HB”) to provide specialized legal services as Co-Bond Counsel in connection with the issuance of public securities by the District; Finding that PYT and HB is 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 PYT and HB to serve as Co-Bond Counsel is in the best interests of the residents of the District because PYT and HB will only be paid in the event that the public securities are actually issued; and all matters related thereto
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| Subject: |
7.B.b. Consider and possible action to approve resolutions authorizing the issuance of the Rivercrest Independent School District Maintenance Tax Note (the “Note”), Series 2020, and Rivercrest Independent School District Time Warrant (the “Warrant”), Series 2020; Providing for payment of the Note and Warrant; and Specifying the terms and features of the Note and Warrant
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| Subject: |
7.C. Consensus
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| Subject: |
7.C.a. Board Minutes
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| Subject: |
7.C.b. Financial / I&S Statements
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| Subject: |
7.C.c. Cafeteria Report
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| Subject: |
7.C.d. Investment Report
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| Subject: |
7.D. Review and Consider for Approval Check Payments
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| Subject: |
7.E. Review and Consider for Approval Budget Amendment
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| Subject: |
7.F. Deliberation and Possible Action to End Premium Rate Pay for Hourly Employees
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| Subject: |
7.G. Consider for Approval Purchase of WRRSSA Adapted School Bus
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|
| Subject: |
7.H. Review and Consider for Approval Bank Account Signatures
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| Subject: |
8. Information Items
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| Subject: |
8.A. Superintendent Report
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|
| Subject: |
8.A.a. Upcoming Events
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|
| Subject: |
8.A.b. Facilities and Summer Projects
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|
| Subject: |
8.A.c. DOI Renewal and Amendment
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| Subject: |
9. Executive Session
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| Subject: |
9.A. Personnel
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| Subject: |
9.A.a. Resignations
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| Subject: |
9.A.b. Hiring
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| Subject: |
9.B. Discipline
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| Subject: |
9.C. Texas Gov’t Code § 551.087—Consult with legal counsel, as necessary, to address commercial or financial information that the District received regarding Delilah Solar Energy LLC and Delilah Solar Energy II LLC, with which the District is conducting economic development negotiations
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|
| Subject: |
9.D. Texas Gov’t Code § 551.071—Consult with legal counsel, as necessary, to address legal concerns, implications, and questions regarding the posted agenda items.
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|
| Subject: |
10. Reconvene from Executive Session
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| Subject: |
11. Adjourn
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