Legislation Details

File #: 26-1085    Version: 1
Type: Consent Items Status: Agenda Ready
File created: 5/15/2026 In control: Board of County Commissioners
On agenda: 5/18/2026 Final action:
Title: Discussion and possible action regarding - Consideration and action upon a resolution authorizing and approving the incurring of indebtedness by the Cleveland County Educational Facilities Authority (herein the “Authority”) to be accomplished by the issuance of lease revenue bonds, notes, or other evidences of indebtedness in one or more series on a tax-exempt or taxable basis, at a premium or discount, in the aggregate principal par amount of not to exceed Ten Million and No/100 Dollars ($10,000,000.00) to provide funds to complete the acquisition, construction, equipping, renovating, and remodeling of school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites related to Independent School District No. 29, Cleveland County, Oklahoma (the “District”); establish a reserve fund, if any, capitalize interest and pay costs of issuance, and all matters related thereto, including but not limited to the waiver of competitive bidding thereof; ...
Attachments: 1. BOCC Resolution Authorizing Indebtedness
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title

Discussion and possible action regarding - Consideration and action upon a resolution authorizing and approving the incurring of indebtedness by the Cleveland County Educational Facilities Authority (herein the “Authority”) to be accomplished by the issuance of lease revenue bonds, notes, or other evidences of indebtedness in one or more series on a tax-exempt or taxable basis, at a premium or discount, in the aggregate principal par amount of not to exceed Ten Million and No/100 Dollars ($10,000,000.00) to provide funds to complete the acquisition, construction, equipping, renovating, and remodeling of  school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites related to Independent School District No. 29, Cleveland County, Oklahoma (the “District”); establish a reserve fund, if any, capitalize interest and pay costs of issuance, and all matters related thereto, including but not limited to the waiver of competitive bidding thereof; and declaring an emergency.

 

recommendation

Recommended Action: Approve