Business Services Action Item

DATE:	Tuesday, November 19, 2019
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Authorize Annual Meeting of the Hillsborough School Board Leasing Corporation for Certificates of Participation Program (Business Services Division) Recess as members of the School Board and convene as the School Board Leasing Corporation. Appoint the following members as outlined in the by-laws of the Corporation:  Board of Directors, Chair/Vice Chair of the Board of Directors and President/Vice President/Secretary of the Corporation. Adjourn as members of the School Board Leasing Corporation and reconvene as the School Board.
EXECUTIVE SUMMARY
An annual membership and Board of Directors' meeting of the Hillsborough School Board Leasing Corporation, which serves as lessor for the lease-purchase of educational facilities, must be held each year to comply with the Articles of Incorporation of the Hillsborough School Board Leasing Corporation, Article VIII. Mr. Ritesh Patel, Bond Counsel with Nabors, Giblin & Nickerson, P.A., will attend the Board meeting to assist in this endeavor.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  No)
EVALUATION
SUBMITTED BY:  Steve Brady, Department Manager for Cash Management

Susan Garcia		Gretchen Saunders
General Manager, Budget, Cash Management and Federal Finance (813) 272-4064		Chief Business Officer (813) 272-4270
		C 6.01
Hillsborough County Public Schools (Florida) * Mtg.#20191119_933 (Reorganization/Board Meeting) * Section C Item# 6.01