School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions regarding Students - 4:00 p.m. Regular Meeting - 7:00 p.m.
June 19, 2008 Regular Meeting
Agenda Item #82


Item Title
Consider adopting a resolution authorizing the sale of Certificates of Participation, Series 2008, in a principal amount of not exceeding $12,000,000, for the purpose of financing the costs of construction and equipping of Oakleaf High School

Issue/Rationale

The construction of OakLeaf High School is necessary.  Issuance of Certificates of Participation as set forth in the resolution is well within the capacity of the District.  This resolution is required to begin the process of issuing the Certificates of Participation.  The sale of COP's has been approved by the Florida Supreme Court and has been approved under section 1013.15 Florida Statutes.



Recommended Action
Approve the resolution authorizing the sale of Certificates of Participation, Series 2008 as presented.

Financial Impact
The Certificates of Participation will be paid off from the district's Local Capital Improvement Fund mill levy.

Submitted By

Dr. George F. Copeland,

Assistant Superintendent for Business Affairs




Attachment:  2008 COP Resolution-School Board.pdf


EXECUTIVE SESSION (Closed to the Public) Immediately following the Regular Meeting to discuss collective bargaining issues.