School District of Clay County Green Cove Springs, Florida

Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway TIME: 7:00 p.m.

December 16, 2014 - Regular Meeting Agenda Item #50 Item Title D-11 Consider adopting a resolution authorizing the sale of Certificates of Participation (COP), Series 2014, in a principal amount of not exceeding $17,750,000, for the purpose of refunding all or a portion of the COP, Series 2004 & Series 2005A. Issue/Rationale The amendment will simplify the procedure for requisitioning funds from the trustee for the COPs and achieve debt service savings. Recommended Action Financial Impact Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs