School Board

2 Thursday, November 5, 2026 Special School Board Meeting - COP 1. Call to Order Subject 1.1 Call to Order - Special School Board Meeting - COP Meeting Nov 5, 2026 - Special School Board Meeting - COP Type Procedural Rationale and Methodology: Record of attendance Financial History and Term/Time Frame: Articles of Effect of Action/Results: Determines if quorum is present in order to proceed with the meeting and provides a record of who is present for discussion and voting. Board Policy, Florida Statute, Admin. Code: Complies with Board Policy File Attachments 2. Proof of Due Notice of Publication Subject 2.1 Proof of Due Notice of the Special School Board Meeting - COP Meeting Nov 5, 2026 - Special School Board Meeting - COP Type Procedural Rationale and Methodology: Prior Board Action Date(s): Financial History and Term/Time Frame: Effect of Action/Results: Board Policy, Florida Statutes, Admin. Code: File Attachments Board Notice - Special School Board Meeting - COP - 11.5.26.pdf (97 KB) 3. Purpose of Meeting Subject 3.1 26-12 Authorizing the Issuance of Participation, Series 2026, not to exceed $230,000,000 Meeting Nov 5, 2026 - Special School Board Meeting - COP Type Action Fiscal Impact Yes Dollar Amount $230,000,000.00 Budgeted No Budget Source Capital Projects and Debt Service Funds Recommended Action Approve the Issuance of the Certificates of Participation, Series 2026, not to exceed $230,000,000.00 Goals Strategic Plan Key Priority 4 - Fiscal Responsibility Rationale and Methodology: The proceeds of the Certificates will be provided to the School Board to construct a new elementary school in the Northwest of the district, a new combination middle school/high school in Dunnellon, and certain additions and improvements to Booster Stadium. The Resolution delegates authority to the Chair and the Superintendent to enter into a Certificate Purchase Contract with the Underwriter if certain interest rate, final maturity, and other parameters are satisfied. Prior Board Action Date(s): The Certificates of Participation, Series 2024, were approved on February 27, 2024. Resolution 26-11, for the Certificates of Participation, Series 2026, was approved in a Special Board meeting on November 5, 2026, allowing this item to be added to the Regular Board meeting on November 5, 2026, for final approval. Financial History and Term/Time Frame: The Certificate of Participation, Series 2026, is expected to be issued this fiscal year to allow for timely completion of the projects. Effect of Action/Results: If approved, the Series 2026 Certificates of Participation will be issued, and the contracts for the construction of the schools and improvements can be entered and budgeted to be paid from the proceeds of this permanent financing, which will allow the schools to be opened in a timely manner. Board Policy, Florida Statutes, Admin. Code: Chapters 1011 and 1013, Florida Statutes. File Attachments Corporate Resolution with Exhibits(730169121.1).pdf (1,496 KB) 4. Adjournment of Meeting Subject 4.1 Closure of the Meeting Meeting Nov 5, 2026 - Special School Board Meeting - COP Type Action Budget Source N/A Recommended Action Adjourn the meeting. Rationale and Methodology: Formal closure of the meeting through a motion, second, and vote by Board members. Financial History and Term/Time Frame: The chair requests a motion for adjournment. Effect of Action/Results: Obtain approval for adjournment of the meeting. Board Policy, Florida Statute, Admin. Code: Board Policy 0165.5 File Attachments