Many, LA  71449

        October 18, 2010

The Parish School Board of Sabine Parish, Louisiana, met in public session on October 18, 2010, at 6:30 P. M. at the regular meeting place of said Board, with the following members present:   Imon Jones, President, Denyse Williams, Vice-President, Roderick Davis, James W. House, Jack Sanders, Donnie F. Sistrunk, Sr., J. A. ”Buddy” Veuleman, and J. Randall Veuleman. 

Absent:  Harold Stewart

On motion by Denyse Williams and seconded by Donnie F. Sistrunk, Sr., it was carried to approve the Consent Agenda as follows:

• Approval of October 4, 2010, Minutes, as Signed

• Review New School Board Policy, File:  DIBA, American Recovery and Reinvestment Reporting Requirements (First Reading)

• Approval of Personnel Matters:

     A.  Employment

          1.  Tamara Baxter, RN, to provide nursing services for Sabine Parish children and their families.  Not to exceed $35,000 a year for on-site services and travel (based on a maximum of 5 days per week).  Contract to begin October 1, 2010, and shall terminate on May 30, 2011   (Funded through (IDEA) A.A.R.A.)

          2.  Sharon Johnson, Child Specific Paraprofessional, FHS, effective September 28, 2010 (Funded by IDEA)

          3.  Donnie Bozeman, Health/P.E., EHS, for the 2010-2011 SY, effective October 4, 2010

          4.  Melissa Slaydon, Adult Education Clerk/Aide, effective October 11, 2010

    B.  Reassignment

1.  Allen Ebarb from H.S. Social Studies to Administrative Assistant for the 2010-2011 SY, effective October 4, 2010

2. Todd Johnson from Health/PE to H.S. Social Studies, EHS, for the 2010-2011 SY,

C.  Resignation

          1.  Kimberly McCollough, Insurance Clerk, Central Office, effective October 4, 2010

On motion by Jack Sanders and seconded by Roderick Davis, it was carried to advertise for bids on a used activity bus for Pleasant Hill High School.

On motion by James W. House and seconded by Jack H. Sanders it was carried to adopt the following:

RESOLUTION

A resolution making application to the State Bond Commission for approval of the issuance of not exceeding Five Hundred Ninety-Eight Thousand Dollars ($598,000) of Sales Tax Refunding Bonds of Sales Tax District No. 2 of the Parish School Board of the Parish of Sabine, State of Louisiana, and providing for other matters in connection therewith.

WHEREAS, pursuant to the provisions of Sub-Part F, Part III, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other constitutional and statutory authority, and a special election held on April 15, 2000 (the "Election"), the result of which was duly promulgated in accordance with law, Sales Tax District No. 2 of the Parish School Board of the Parish of Sabine, State of Louisiana (the "Issuer"), has heretofore issued $1,100,000 of Sales Tax School Bonds, Series 2001 (the "Series 2001 Bonds"), which are presently outstanding in the principal amount of $710,000; and

WHEREAS, to provide debt service savings, this Parish School Board desires to refund the outstanding Series 2001 Bonds pursuant to Chapter 14-A of Title 39 of the Louisiana Revised Statutes of 1950, as amended (the "Act"),  and other constitutional and statutory authority, through the issuance of not exceeding $598,000 of  Sales Tax Refunding Bonds of the Issuer (the "Bonds") and the application of other available funds to the proposed refunding, the Bonds to be payable solely from and secured by an irrevocable pledge and dedication of the avails or proceeds of the special one-half of one percent (2%) sales and use tax now being levied and collected by the Issuer pursuant to Article VI, Section 29 of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, and in compliance with the Election (the "Tax"), subject only to the prior payment of the reasonable and necessary costs and expenses of collecting and administering the Tax; and

WHEREAS, the maturities of the Bonds will be arranged such that the total amount of principal and interest falling due on the Bonds in any year will not exceed 75% of the revenues of the Tax in the year in which the Bonds are issued; and

WHEREAS, this Parish School Board desires to make application to the State Bond Commission for approval of the Bonds and to provide for other matters in connection therewith;

NOW, THEREFORE, BE IT RESOLVED by the Parish School Board of the Parish of Sabine, State of Louisiana (the ”Governing Authority”), acting as the governing authority of the Issuer

SECTION 1)      State Bond Commission .  Application is hereby made to the State Bond Commission for approval of the issuance of not exceeding $598,000 of Sales Tax Refunding Bonds of Sales Tax District No. 2 of the Parish School Board of the Parish of Sabine, State of Louisiana, to be issued for the purpose of refunding the Issuer's outstanding Sales Tax School Bonds, Series 2001, maturing August 1 of the years 2011 to 2020 and paying the costs of issuance of the Bonds, pursuant to the provisions of the Act. The Bonds will be payable solely from and secured by an irrevocable pledge and dedication of the avails or proceeds of the special one-half of one percent (2%) sales and use tax now being levied and collected by the Issuer pursuant to Article VI, Section 29 of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, and in compliance with an election held in the Issuer on April 15, 2000, subject only to the prior payment of the reasonable and necessary costs and expenses of collecting and administering the Tax.  The Bonds shall bear interest at a rate or rates not to exceed four percent (4%) per annum and shall mature no later than August 1, 2020.  The Bonds shall be issued in fully registered form, shall be sold to the purchaser thereof at a price of par, plus accrued interest, if any, and shall have such additional terms and provisions as may be determined by subsequent ordinance to be adopted by this Governing Authority at the time of the sale thereof.

SECTION 2)      Employment of Bond Counsel.  This Governing Authority finds and determines that a real necessity exists for the employment of special bond counsel in connection with the issuance of the Bonds, and, accordingly, Foley & Judell L.L.P., of New Orleans, Louisiana, is hereby employed as special bond counsel to the Issuer to do and perform comprehensive legal and coordinate professional work with respect to the issuance and sale of the Bonds.  The fees to be paid said Attorneys are hereby fixed at an amount not to exceed the Attorney General's Guidelines for Fees and Services of Bond Attorneys for comprehensive legal and coordinate professional work in the issuance of revenue bonds, plus out-of-pocket expenses incurred in connection with the issuance of the Bonds.  A certified copy of this resolution shall be submitted to the Attorney General of the State of Louisiana for his written approval of said employment and of the fees herein designated, and the Clerk of the Issuer is hereby empowered and directed to issue vouchers to said Bond Counsel in payment for the work herein provided for upon completion of the work herein specified and under the conditions herein enumerated.

SECTION 3)   Swap Policy.  By virtue of Issuer's application for, acceptance and utilization of the benefits of the Louisiana State Bond Commission's approval(s) resolved and set forth herein, the Issuer resolves that it understands and agrees that such approval(s) are expressly conditioned upon, and it further resolves that it understands, agrees and binds itself, its successors and assigns to, full and continuing compliance with the "State Bond Commission Policy on Approval of Proposed Use of Swaps, or other forms Derivative Products Hedges, Etc.", adopted by the Commission on July 20, 2006, as to the borrowing(s) and other matter(s) subject to the approval(s), including subsequent application and approval under said Policy of the implementation or use of any swap(s) or other product(s) or enhancement(s) covered thereby. 

SECTION 4)   Swap Policy.  By virtue of Issuer’s application for, acceptance and utilization of the benefits of the Louisiana State Bond Commission’s approval(s) resolved and set forth herein, the Issuer resolves that it understands and agrees that such approval(s) are expressly conditioned upon, and it further resolves that it understands, agrees and binds itself, its successors and assigns to, full and continuing compliance with the "State Bond Commission Policy on Approval of Proposed Use of Swaps, or other forms Derivative Products Hedges, Etc.", adopted by the Commission on July 20, 2006, as to the borrowing(s) and other matter(s) subject to the approval(s), including subsequent application and approval under said Policy of the implementation or use of any swap(s) or other product(s) or enhancement(s) covered thereby.

This resolution having been submitted to a vote, the vote thereon was as follows:

And the resolution was declared adopted on this, the 18^th day of October, 2010.

On motion by Roderick Davis and seconded by J. Randall Veuleman, it was carried to reject both bids received for the Portable Building for Head Start to use as a Parent Center.

On motion by Donnie F. Sistrunk, Sr. and seconded by Denyse Williams, it was carried to advertise for bids for renovation to Wing B on the Many Preschool Center Campus for Head Start to use as a Parent Center.

On motion by James House and seconded by Donnie F. Sistrunk, Sr., it was carried to approve and adopt the following School Board Policies:

A.  File:  EDBA, Responsibility for Vehicle Operation (New)

B.  File:  GBN, Dismissal of Employees (Revised)

Opposed:  Roderick Davis and J. A. ”Buddy” Veuleman

There was a discussion concerning Centralized Purchasing and Warehouse.  A committee comprised of J. A. ”Buddy” Veuleman, Jack Sanders, and Roderick Davis was appointed to study this matter. 

On motion by J. A. ”Buddy” Veuleman and seconded by Roderick Davis, it was carried to authorize the committee to find a vendor that will develop a product list.

The presentation of the 2009-2010 State Testing Results were given by the Superintendent, information only. 

There being no further business, the meeting adjourned.

_______________________________

Imon Jones, President

Attest:

________________________________

Dorman Jackson, Secretary