001Dear heavenly father, we ask that you give us your wisdom and your grace in everything that we do. Please give us the confidence that prior meetings we've made the right decision for all the students involved in our district. Let's please watch over the families. We know there are some very close us within this room that need your healing, need your prayers and especially for their families. Please wrap your arms around them and just keep them close to you when they are experiencing hard times. And please let them know that sometimes the difficult times are the ones that you put us through to make us even better. Pray all this in Jesus's name. Amen. Amen. Please address the flag. I pledge algiance to the flag of the United States of America and to the republic for
002which it stands. One nation under God, indivisible, with liberty and justice for all. All right. I will entertain a motion to accept our agenda. So move second or adopt that. Motion a second. All those in favor, please say I. I. Any opposed? Motion carries. Good morning, everybody. We're going to try and knock this out. Mr. Huber, are you ready with your presentation? All right. We will start with our superintendent. Say superintendent highlights. It does. It does. There is no wonderful presentations other than Mrs. Lake and her highlight. There you go. All right. So, we're going to jump over that one. She's my She's my highlight. The highlight this morning. Miss Lake, come on down. Good morning. All right. So, today we are here to present the final bank selection for the proposed bond refunding initiative,
003which follows our tradition of reviewing and refunding debt approximately every 10 years for this bond. Our financial advisors, Will Reed and Jerry Ford from Ford Associates were the ones to guide us through the financial structure and benefits of this refunding opportunity. We also utilize legal advisors during this process from Bryant Miller and Olive, Destiny Young, who is here, and Jason Breth were uh who bring deep experience to this process. Bryant Miller, Olive served as our legal adviserss during our last bond refunding in 2015, and we're pleased again to have Miss Young with us today for the closing. This refunding will involve pledging revenues uh derived from the state of Florida sales tax which are distributed annually to our district under a Florida statute special act. While some refer to the bonds as racetrack revenues. I
004know we still do. I want to emphasize that the revenues we are pledging have no connection to gambling. This terminology persists due to the historic nature of the special act that predates statuto changes uh in 2000. At this time I'll over the podium to our financial adviser, Will Reed, from Ford Associates to review aspects of the bond refunding process and bank. Wonderful. Thank you. Good morning. Um, yeah, it turns out that the change from being racetrack revenue back to being sales tax backed actually played a pretty big role in uh in this bidding process. Uh, when we went out, we solicited, I believe, in the range of 50 to 55 banks to go through and and look to have them come in and put in proposals. Uh I do want to make a uh a
005point of mentioning that you do have two local banks that that both did put in uh for this loan. Uh unfortunately neither either one of them were selected. uh but they did go through and and put forth the balance sheet and particularly given the the financial times I'm sure you've seen it's it's a we really appreciate that they stepped up and and were willing to go through and lend you money. Uh Webster Bank ended up putting in the the lowest bid at a 4.69% 69% uh they are lending you money over the full 20-year term uh which is very important because that goes through and helps keep the annual cost down at a at a manageable level. Uh they also give us the ability to go through and prepay that loan which is which is
006important as well um as we go through and be able to pay attention to uh the interest rate environment and look to potentially go through and refinance for savings at some point in the future. Um going through you did receive four bids Webster, C Co Coast, Capital Public Finance and Capital City Bank. Uh of those uh three put in for the full 20 years uh with Wester providing the the lowest cost uh and the most advantageous terms and conditions. I'm here to answer any questions if anybody has any process. You said they can But there's no prepayment penalty. Uh so the first five years are non-prepayable and then there is a slight prepayment penalty that declines down to no prep. Yep. So traditionally this is something that is done uh every 10 years or so.
007Uh as you're saying here the original issue was done in 2015. So 10 years. So at that point there would be no in the legal fees. That's something I guess each bank has different ones that they assessed and they were one of the cheaper ones to Webster. Exactly. And in our analysis, we went through and included the legal fees in looking at the differentials in the all to cost that that you would go through and so those were those were taken account. If you refinance, you said, with a more favorable interest rate environment, would you would you go back out to bid or how would it go? How would the process work? Uh, yes, we'd go back up to bid. Uh, this is this is a piece that it would only be done if there's
008if there's savings, it was important to go through and lock this in for the full 20 years. Some of the banks came through and gave a 20 year rate, but had it what they call a 10-year put, which would mean that at 10 years, you have to go back out and refinance it whether you want to or not. By going through and having the the locked in 20 years, it it puts the ball in your court. Okay. So, you can go out if you choose, if you do not have to. Gotcha. Thank you. Any other questions? So, do we need to make a motion now? We need a motion now to approve this recommendation. Second. Any more questions? All those in favor, please say I. I. Any oppose? Motion carries. Thank you very much for
009being here this morning. I know the time has changed on you, so appreciate my appreciate it very much. Very good job. You done that quick? That was a highlight. Okay. Okay. I thought you were going to bring that up, but that's okay. If y'all to look at resolution 25-07, uh, we need a motion to adopt that resolution. I move. Second. Have a motion and a second to adopt the resolution. All those in favor, if there are no questions, all those in favor, please say I. I. Any oppose? I should carry. Thank you, Miss Lake. It was the highlight and your supporting. All right, we will now move on to our back to our superintendent item eight. Okay, we are back to the FSBA advocacy committee member and alternate that the board decides yearly. So, this
010will be for the 2526 school year. And I think I'm going to give it up. You're right now. That was a question. I know it's kind of a transition I think before. I was going to say the veteran um schoolboard members probably have served in that role. Yeah. Primarily what FSBA does, for an example, going down to the conference this today for the rest of the week, they have what they have they call little committee meetings and when you sit on the adv advocacy committee, you probably go to a little brief meeting and hear about what you can do better as a liaison and your role to um be that good talking person between FSBA, your board, bring bring things back to the board that you hear at the committee meetings through FSBA. So that's
011all that entails. Yeah. You kind of put together, you work on the little like one page packet for some stuff, some Zoom conference calls and different stuff like that. that but it's nothing that will take you away for an extra training or extra days to stay overnight anywhere or more travel time. So we need a nomination for are there any volunteers? Yeah. And the alternate Well, I nominate Ashley to be the the member since Devon stepping down and she was alternate. Are you good with that? You didn't want it last time, but you know, I know. That's why not the way I thought it was going to go. Are either of you, Lisa or Linda, would you guys want to do it? Would you want to, Linda? I I would service the alternate if you'll
012service the I really think if yall want to. Yeah, that's fine. That's fine. All right. So, we have a nomination of Miss Clemensy as primary and Miss Campbell as our alternate. Any more nominations? Seeing none, nomination ceased for lack of other nominations. Congratulations. All right. Now, we are open for our public comments. Would anybody like to address the board at this time? Seeing none, we're going to move on to the approval of the minutes. Y'all all have a copy of the minutes. Everybody had a chance to look over that. I will entertain a motion to approve the minutes from our last meeting. So moved. Motion. Do I hear a second? Second. Motion second. All those in favor, please say I. Any oppose? Motion carries. Now move to our consent agenda. Miss Campbell, you have any
013questions or comments on the consent agenda? I don't do not have any questions. Mrs. Baxter, all my questions were answered. Mr. White, all my question answered. We got a lot of obviously this time of year, a lot of movement for sure, but um you know, like I said, it's a new year turnover kind of stuff and just excited for summer and then going into next school year. So, everything with answer. Thank you. All my questions right there. Very good. I don't really have any questions. I I I do I'm fascinated that we're Mr. Lot with his 25 hours. That's going to be a lot of stress, buddy. You got a lot to do in 25 hours. Okay. Don't mean your workload's any less. You can't paying you for 25. Still expecting about 80. All right.
014I will entertain a motion to adopt the consent agenda. So move second. Motion on second. Any further questions and comments? Seeing none. All those in favor? Any opposed? Motion carries. Uh we will now move on to the finance agenda. Finance consent agenda. Does anyone have any questions on that? All that been explained? Well, we have the key finance person here today. So front row question. If there are none, I will entertain a motion. Second. A motion to adopt the finance con consent agenda. All those in favor, please say I. I. Any oppose? Like sign. Motion carries. Madam superintendent, your comments, please, ma'am. Thank you, Mr. Um, I will start by saying thank you to Mr. Lot for keeping those 25 hours. Um, since I've taken on this role, Mr. Lock has been instrumental in his
015guidance and his support of me and that speaks volumes. And probably sometimes when I walked out of his office, he probably just shook his head. And that's okay. Um, I've I've learned a lot from him in an incredible short amount of time. And I'm very happy that he agreed to stay part time for a little while longer. However much longer we can have you is a blessing and that's how I feel. Um I know we normally have schools and so forth that come and present and I've kept track of a little file and I've taken some phone calls and these are things I don't think that would come before you. Um but I wanted to make you aware and I wanted to read a little shout out that goes to different areas um of our
016district and I think it's very special and that they should be acknowledged. So the first one it said I wanted to take a moment to recognize someone who consistently goes above and beyond Logan Molden. Logan has always been incredibly helpful no matter what I need. He is quick to respond, quick to fix what he can and always does so with a positive attitude. His efficiency and willingness to help truly makes a difference. And I feel our county office is so blessed to have someone with his working knowledge with our IT office. I wanted to read that. I also received a phone call a couple weeks ago from a parent and she wanted to do a shout out two times for this bus driver, Miss Tracy O'Hali. Am I pronouncing that right? Haley. Haley. Okay. She
017had um bus 1903. This parent received a phone call when it was dropping off their child in their driveway and the bus driver noticed that a vehicle was odd. So before they let that student get off the bus, they literally picked up their phone and called the parent and said, "Hey, before I let so and so off, I just want to make sure that this vehicle is someone that you know is at your house or what have you." So that that happened twice and just kudos to that bus driver for having that recognition and just calling and asking. a very simple thing to do. Um, but I wanted them to be noticed and I know the transitions are taking place and they have and some admin has reached out and they are they're doing great.
018There was a wonderful admin meeting Mrs. Lewis and others worked so hard on that was represented on June 5th at Chief Middle High and they had welcoming arms. Right, Mrs. Lewis? So, it was it was a wonderful experience. I was able to attend unfortunately I had to go to Miami and missed that June 5th, but I was able to attend the commissioner summit and it was on postsecary um information. a couple things that I shared with um district yesterday. We'll see where where that goes, but it was very nice to meet the incoming commissioner and he he seems to be just as big of a spirit as the outgoing Mr. Manny Diaz and it it was it was some good information. It was nice nice to see and be around the university presidents and to
019be around all the other superintendent at the same time. But next year, I already told them down there, we're going to make sure it doesn't fall on that workshop day. Or maybe I'll get it passed. Thank you. That's all I have. Thank you, ma'am. We'll now move to our board comments. Madam Campbell, um well, I just wanted to comment about the um the graduations that I attended. Um there just was such a um It made me feel the tremendous responsibility that we have for all as I watched all of those uh students get ready to graduate and go on their way and thought about what they were going to do in the world and and I'm very proud of Levy County that we do prepare our students and I am very well aware of the
020responsibility that we have. Um the other is uh we're welcoming Cheryl Allen as our administrator and looking forward to a wonderful year and I am also looking forward to attending the schoolboard conference and learning more and more about this job. Excellent. Mrs. Baxter, um well, I want to echo what Tammy said. We're so glad Mr. Lot is staying with us. Don't want to do without him. Um the graduations in Levy County, I attended all but one and they were wonderful and it's so interesting to see how they're all a little bit different and I too am looking forward to attending the schoolboard conference. That's it. Mr. W backter missed the best one. Will you say I mean wait till next year you go to Wilson isn't it right and I was I missed the last
021board meeting because I had fifth grade graduation at Wilson Elementary and it was longer than the Wilson high school graduation. So I guess we got I mean I think there was like 200 kids fifth grade. So we got I think need to get more and more kids in school. It's guess that's good. I mean we're kind of worried about funding but feels like every year these more and more graduates. So hopefully everything's kind of balancing out I guess. Um so looking forward to please say Wilson. Um I say FFA conference next week. We have a couple teams from Willist competing for state. So looking forward to that. And I got a lot of changes. Got three new principles at Williston, you know, across the board. So a lot of change, but I think you know
022change is scary but can be exciting too, you know. So just looking forward to what what it all what it all brings out. That's all. Thank you, Mr. Kmenzi. I want to echo what everyone said about Mr. Lot. Also, I'm glad you're sticking around with us a little bit longer. Um, and graduations were wonderful. I did one because I had a senior in a busy time of year. But I always love at graduations when you see kids that have been expelled walk across the stage. They've done it all right and corrected the, you know, whatever they've done in the past. Um, so that's always a good feeling. And lots of transitions. Everybody seems to be on their toes right now, but that's not a bad thing. Um, still moving parts, I know, but um, I
023think we're going in the right direction for sure. and I look forward to spending time with everyone at the conference as well minus the Thank you. I'm not looking forward to going to the conference, so I'm not going. But uh hey, before we go any further, Mr. BL, where'd you go to high school? All right. Y'all know it when he's gone. What am I going to do? Cuz we got Mlullen. [Applause] No. Um, no. I I echo multiple things that have been said here today. It's been a great thing. Um, not going to the conference. Y'all handle all that for us. FFA, uh, state conventions next week will be a good time. Lots of Levy County students getting recognized. And be careful on your trip with the safety patrol that's coming up. Big times there.
024And uh uh also I will say this to all daddies out there because okay I don't know anybody else's feelings. This is Cameron Asel's feelings. We see these expulsion hearings and I'm sure you guys that have been in administration have seen this. World needs more daddies and father's day is coming up and a lot of times there's kids that come here on expulsions. Ain't no daddy there. So it's great to see a daddy. So happy father's day early to everybody. And now I do have a question. Do not read into this question. Okay. Really? Do It's not that deep a thought. It was asked of me and I said, "I have no idea." So, I'm gonna ask, do we drug test our employees and how often do we randomly do it? This was asking me
025and I was like, I was like, I'm sure we do, but when they're hired, we do when they're hired. Do not read into this. This doesn't mean anything. It was just asking me. No, no, no, no, no. We do it when they're first hired. Uhhuh. We do not randomly drug screen anyone unless they are driving a bus. Okay. And those are random and we we rely on a So it's not like Joe's pulling out of a hat. We have we have a system that we do that those are the only ones we randomly charge. Okay. Okay. Don't read into it. It was just as me and I was like all that. So anyway, that's all I have. If there's no further business, meeting a journ. Thank you.