Review Agenda Item
Meeting Date: 12/15/2022 - 7:00 PM
Category: District Financing Corporation
Type: Action
Subject: 15.1 District Financing Corporation Organizational Meeting
LCAP (Local Control Accountability Plan) Goal:
Enclosure
File Attachment:
Summary: The Board of Trustees will adjourn the annual organizational meeting and conduct business as the Board of Directors of the Mountain View Los Altos High School District Financing Corporation as follows:

1. Call to Order
2. Appointment of new officers
3. Public Comment
4. Other Business
5. Adjourn the District Financing Corporation Organizational Meeting
6. Reconvene to Regular Board Meeting

The District Financing Corporation is a separate entity convened to approve and manage the issuance of district debt, such as in the form of Certificates of Participation (COPs). The district’s current debt is on the issuance of COPs for the construction of Alta Vista High School.

The District Financing Corporation organizational meeting coincides with the regular Board of Trustees organizational meeting whenever new members to the board are added and/or new officers are appointed. The historical practice used in the district is to select the same slate of officers for the Financing Corporation as are selected for the regular Board of Trustees.
Funding:
Recommendation: Finance Corporation Board will select officers for the new calendar year.
Approvals:
Recommended By:
Signed By:
Debbie Maher - Executive Assistant
Signed By:
Nellie Meyer - Superintendent
Vote Results: