Community Room, 817 South Main Street, Tipton, IN 46072
Tuesday, February 8, 2022
- 5:30pm - 6:00pm
The TCSC Board of Trustees appointed a new member of the Board of Directors in the January board meeting. Since a new member was appointed we will need to elect officers, these officers do not need to change from the current officers. We will take nominations for President, Vice President, and Secretary/Treasurer of the Board of Directors.
Do we have any nominations for President? Second? Do you accept the nomination? All in favor? Those opposed?
Do we have any nominations for Vice President? Second? Do you accept the nomination? All in favor? Those opposed?
Do we have any nominations for Secretary/Treasurer? Second? Do you accept the nomination? All in favor? Those opposed?
Tipton Community School Building Corporation was re-established on September 23, 1997, as a nonprofit corporation operating pursuant to the provisions of the Indiana Nonprofit Act of 1991. The Building Corporation and the School Corporation wish to further amend the 2 Leases by modifying the term of the Leases and increasing the rent payable under the Leases. To provide the Corporation with the ability to issue five or more series of additional first mortgage bonds (known collectively, as the “2022-2024 Bonds). The proceeds from the 2022-2024 Bonds will be used to pay (a) to the School Corporation for the extension of the ownership of the premises subject to the Leases and to reimburse the School Corporation for improvements made to facilities. Do I have a motion to approve the 2022 Amendments to Leases?
Do I have a motion to adjourn this meeting of the Board of Directors?