Cashion Public Schools 
101 North Euclid Cashion, Oklahoma73016
Elementary     405-433-2614
High School    
 405-433-2575
 

  

Cashion Board of Education

Minutes of the Special Meeting

February 18, 2011

 


 

1.                  The Cashion School Board met

in Special Session on February 18, 2011, President Andrews called the meeting to order at 12:03 p.m.

 

2.                  Members present:   Andrews,

Broadbent and Kadavy. Members absent: Robinson and Evans. Quorum established.  Also attending: Marva Oard, Superintendent and Stacy Maroney, Deputy Minutes Clerk.

 

3.         An item for the Board to consider and take possible action, in the absence of the President and/or Clerk, to appoint an acting President and/or Clerk for the School District to execute any and all documents pertaining to the bond sale died for lack of a motion.

 

4.         A motion to accept the low bid of Community State Bank with UMB Bank at an interest rate of 1.958952% on the sale of the $325,000 Building Bonds, dated: April 1, 2011 was made by Broadbent and seconded by Kadavy.  Motion passed 3-0.

 

5.         A motion to authorize the issuance of the $325,000 Building Bonds, dated: April 1, 2011, and fixing other details for the issuance of said bonds was made by Kadavy and seconded by Broadbent.  Motion passed 3-0.

 

6.         A motion to approve  designating $325,000 Building Bonds, dated: April 1, 2011, as “Qualified Tax-Exempt” obligations as defined in  Section 265(b)(3)(B) of the Internal Revenue Service Code was made by Broadbent and seconded by Kadavy.  Motion passed 3-0.

 

7.       A motion to adjourn was made by Broadbent and seconded by Kadavy at 12:15 p.m.  Motion passed 3-0.

  

 

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President

 

 

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Vice President

 

 

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Clerk

 

 

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Member

 

 

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Member

 

 


 

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