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Meeting Date:
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12/16/2019 - 4:30 PM
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Category:
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District Financing Corporation
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Type:
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Action
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Subject:
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19.1 District Financing Corporation Organizational Meeting
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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The Board of Trustees will adjourn the regular 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. 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.
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Funding:
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Recommendation:
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Finance Corporation Board will select officers for the new calendar year.
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Approvals:
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Recommended By:
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Signed By:
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Irene Aguilar - Administrative Assistant
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Signed By:
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Mike Mathiesen - Associate Superintendent
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Signed By:
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Nellie Meyer - Superintendent
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