Agenda Item
Meeting Date: 7/10/2019 - 4:30 PM
Category: Resolution
Type: Action
Subject: 12.4 Resolution No. 4-2019-2020 - Resolution Of Board Of Education Of The Tahoe-Truckee Unified School District Authorizing The Execution And Delivery Of Documents Relating To The Sale And Delivery Of Tahoe-Truckee Unified School District Certificates Of Participation (2019 School Financing Project), And Authorizing And Directing Certain Actions In Connection Therewith
District Goals and Beliefs:
Belief 1 - Students are the focus of all decisions
Belief 2 - A culture of accountability shall drive excellence and promote the district vision of teaching and learning
Enclosure: Board Item Staff Report
Resolution
Executive Summary
COP Presentation
File Attachment:
Board Item Staff Report Resolution COPS.pdf
District Resolution Tahoe-Truckee USD (2019 COPs) 4819-3417-9738_2.pdf
Executive Summary Tahoe-Tuckee USD (2019 COPs) 4821-7463-1322_1.pdf
Tahoe Truckee USD - Board Presentation (7.10.2019) (2).pdf
Summary: Resolution No. 4-2019-2020 authorizes the District to issue up to $40 million in Certificates of Participation ("COPs"). Proceeds from the COPS will be used to finance capital improvements at Truckee High School, Truckee Elementary School, Tahoe Lake Elementary School, Kings Beach Elementary School, North Tahoe School, North Tahoe High School and Glenshire Elementary School.
Funding: COPs will be repaid with State School Facilities Program Funding, Developer Fees, and Redevelopment Pass-through funding.
Recommendation: Approve Resolution No. 4-2019-2020 - Resolution Of Board Of Education Of The Tahoe-Truckee Unified School District Authorizing The Execution And Delivery Of Documents Relating To The Sale And Delivery Of Tahoe-Truckee Unified School District Certificates Of Participation (2019 School Financing Project), And Authorizing And Directing Certain Actions In Connection Therewith
Approvals:
Recommended By:
Signed By:
Todd Rivera - Executive Director of Business Services
Signed By:
Robert Leri - Superintendent Chief Learning Officer
Vote Results:

Original Motion
Member Cristina Hennessey Moved, Member Kirsten Livak seconded to approve the Original motion 'Approve Resolution No. 4-2019-2020 - Resolution Of Board Of Education Of The Tahoe-Truckee Unified School District Authorizing The Execution And Delivery Of Documents Relating To The Sale And Delivery Of Tahoe-Truckee Unified School District Certificates Of Participation (2019 School Financing Project), And Authorizing And Directing Certain Actions In Connection Therewith'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Gaylan Larson     Yes
Kirsten Livak     Yes
Kim Szczurek     Yes
Dianna Driller     Yes
Cristina Hennessey     Yes