Board of Directors, Leasing Corporation Organizational Meeting

2 Tuesday, November 14, 2023 Board of Directors, Leasing Corporation Organizational Meeting Annual Board of Directors Meeting (November) An Equal Opportunity School District MEETING TIME AND LOCATION: Immediately follows the Special School Board Meeting scheduled for 5:00 P.M. - 1614 E Fort King Street, Ocala, Florida 34471 ADA ASSISTANCE: Anyone needing special assistance at the meeting of the Marion County School Board due to a disability should contact Ms. Elena Martinez, Executive Assistant, at least 72 hours prior to the meeting. She can be reached at 352/671-7707. Student speech does not reflect the endorsement, sponsorship, position, or expression of the Marion County School District. 1. Call to Order Subject 1.1 Call to Order - Organizational Meeting of Board of Directors for the Marion County School Board Leasing Corporation Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Procedural Rationale and Methodology: Annual Meeting of the Board of Directors for the Marion County School Board Leasing Corporation. Financial History and Term/Time Frame: Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation call for an annual meeting. Traditionally, this meeting follows the organizational meeting of the School Board scheduled for 5:15 on Tuesday, November 14, 2023. Effect of Action/Results: The purpose of the meeting is to confirm the continuation of procedures set forth in the Articles of Incorporation. Board Policy, Florida Statutes, Admin. Code: Board Policy 0151 Section 1001.40, Fla. Stats. (2023) and Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation File Attachments 2. Proof of Due Notice of Publication Subject 2.1 Proof of Due Notice of the Organizational Meeting of the Board of Directors for the Marion County School Board Leasing Corporation Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Procedural Rationale and Methodology: Proof that proper public notice is given for the Annual Meeting of the Board of Directors for the Marion County School Board Leasing Corporation Financial History and Term/Time Frame: Proof of due notice of the annual meeting of November 14, 2023, Marion County School Board Leasing Corporation be distributed to the Board of Directors and made a part of the meeting minutes. Effect of Action/Results: Compliance with Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation. Board Policy, Florida Statutes, Admin. Code: Board Policy 0151 Section 1001.40, Fla. Stats. (2023) and Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation File Attachments Proof of Publication 231114 Organizational.pdf (110 KB) 3. Review of Organizational Procedures Subject 3.1 Review of Organizational Procedures by School Board Attorney Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Procedural Rationale and Methodology: Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation call for an annual meeting for the purpose of confirming the continuation of procedures set forth in the Articles of Incorporation. Financial History and Term/Time Frame: Procedures are reviewed by the School Board Attorney, who is also the Corporation Attorney. Effect of Action/Results: Compliance with Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation. Board Policy, Florida Statutes, Admin. Code: Board Policy 0161 Section 1001.40, Fla. Stats. (2023) and Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation File Attachments 4. Election of Officers Subject 4.1 Election of Officers by the Board of Directors - Officers for the Corporation. Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Action Fiscal Impact No Recommended Action Follow the procedures set forth in the Articles of Incorporation for the Marion County School Board Leasing Corporation regardingelection of the President, Vice President and Secretary/Treasurer of the Corporation Rationale and Methodology: According to Article VI of the Articles of Incorporation of the Marion County School Board Leasing Corporation, the members of the School Board shall be the directors of the corporation. Financial History and Term/Time Frame: According to Article VIII of the Articles of Incorporation, unless the Board of Directors shall provide otherwise at the annual meeting, the Chair of the Board of Directors shall be the President of the corporation, the Vice-Chair of the Board of Directors shall be the Vice President of the corporation, and the Superintendent of Schools shall be the Secretary/Treasurer of the corporation. Effect of Action/Results: Compliance with Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation Board Policy, Florida Statute, Admin. Code: Board Policy 0152 Section 1001.40, Fla. Stats. (2023) and Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation. File Attachments Motion & Voting Follow the procedures set forth in the Articles of Incorporation for the Marion County School Board Leasing Corporation regardingelection of the President, Vice President and Secretary/Treasurer of the Corporation Motion by Allison Campbell, second by Sarah James. Final Resolution: Motion Carries Yea: Allison Campbell, Eric Cummings, Lori Conrad, Nancy Thrower, Sarah James 4. Election of Officers Subject 4.2 Election of Officers by the Board of Directors - Officers for the Board. Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Action Fiscal Impact No Recommended Action Follow the procedures set forth in the Articles of Incorporation for the Marion County School Board Leasing Corporation regarding election of the Chair and Vice-Chair of the Board of Directors Rationale and Methodology: According to Article VI of the Articles of Incorporation of the Marion County School Board Leasing Corporation, the members of the School Board shall be the directors of the corporation. Financial History and Term/Time Frame: According to Article VI, unless the Board of Directors, at their annual meeting, shall determine otherwise, the Chair of the School Board shall be the Chair of the Board of Directors of the corporation, and the Vice-Chair of the School Board shall be the Vice-Chair of the Board of Directors of the corporation. Effect of Action/Results: Compliance with Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation. Board Policy, Florida Statute, Admin. Code: Board Policy 0152 Section 1001.40, Fla. Stats. (2023) and Articles of Incorporation/Bylaws of the Marion County School Board Leasing Corporation File Attachments Motion & Voting Follow the procedures set forth in the Articles of Incorporation for the Marion County School Board Leasing Corporation regarding election of the Chair and Vice-Chair of the Board of Directors Motion by Sarah James, second by Eric Cummings. Final Resolution: Motion Carries Yea: Allison Campbell, Eric Cummings, Lori Conrad, Nancy Thrower, Sarah James 5. Adjournment of Meeting Subject 5.1 Closure of the Meeting Meeting Nov 14, 2023 - Board of Directors, Leasing Corporation Organizational Meeting Type Action, Procedural 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 Motion & Voting Adjourn the meeting. Motion by Allison Campbell, second by Lori Conrad. Final Resolution: Motion Carries Yea: Allison Campbell, Eric Cummings, Lori Conrad, Nancy Thrower, Sarah James