The Baxter Springs board of education held a special meeting on Monday, August 22, 2016 at 12:00 p.m. at 1108 Military.  Members present were:  DeAnne Binns, Chuck Sweeton, Dusty Deringer, Brandon Williams(phone teleconference) and Josh Sweaney (12:02 pm) (via teleconference).

Also present were:  David Pendergraft, Superintendent and Vicki Bradley, Clerk.

President Binns called the meeting to order at 12:01 p.m.

Chuck Sweeton made a motion to approve the agenda as printed.  Dusty Deringer seconded.  Carried 4-0.

The purpose of this special meeting is to refinance the bonds to save interest monies for the district.

Josh Sweaney joined the meeting  at 12:02 pm via teleconference and was present for the remainder of the meeting.

David Pendergraft presented the following Resolution for approval. 

A RESOLUTION AUTHORIZING AND PROVIDING FOR THE SALE, ISSUANCE AND DELIVERY OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 2016, OF THE UNIFIED SCHOOL DISTRICT NO. 508, CHEROKEE COUNTY, KANSAS (BAXTER SPRINGS) FOR THE PURPOSE OF PROVIDING FUNDS TO REFUND A PORTION OF THE ISSUER’S OUTSTANDING GENERAL OBLIGATION BONDS, PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL TAX FOR THE PURPOSE OF PAYING THE PRINCIPAL OF AND INTEREST ON SAID BONDS AS THEY BECOME DUE; MAKING CERTAIN COVENANTS AND AGREEMENTS TO PROVIDE FOR THE PAYMENT AND SECURITY THEREOF AND AUTHORIZING CERTAIN OTHER DOCUMENTS AND ACTIONS CONNECTED THEREWITH.

Chuck Sweeton made a motion to approve the resolution as read.  Dusty Deringer seconded.  Carried 5-0.

Dusty Deringer made a motion to adjourn.  Chuck Sweeton seconded.  Carried 5-0.

12:04 p.m.  Meeting adjourned.

Vicki Bradley                                    DeAnne Binns

Clerk/Board of Education                  President/Board of Education