Special meeting to discuss and adopt a resolution regarding lease-purchase agreements.

SCHOOL BOARD OF POLK COUNTY, FLORIDA
Notice of Meeting
NOTICE IS HEREBY GIVEN that the School Board of Polk County, Florida, has scheduled a special meeting of the Finance Corporation to which all persons are invited.
Date/Time: March 24, 2026 to begin no earlier than 5:01 P.M.

Purpose: Discuss and adopt Resolution No. 2025/2026-11
A RESOLUTION OF THE SCHOOL BOARD OF POLK COUNTY, FLORIDA, APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF LEASE SCHEDULE NO. 2026 TO A MASTER LEASE-PURCHASE AGREEMENT RELATING TO THE LEASE-PURCHASE OF CERTAIN LAND, EQUIPMENT AND BUILDINGS CONSTITUTING EDUCATIONAL FACILITIES; APPROVING THE FORM AND AUTHORIZING THE EXECUTION AND DELIVERY OF A SERIES 2026 SUPPLEMENTAL TRUST AGREEMENT PURSUANT TO WHICH THE TRUSTEE WILL EXECUTE, AUTHENTICATE AND DELIVER NOT TO EXCEED $305,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF CERTIFICATES OF PARTICIPATION, SERIES 2026 EVIDENCING FRACTIONAL UNDIVIDED INTERESTS OF THE OWNERS THEREOF IN BASIC RENT PAYMENTS TO BE MADE UNDER SUCH MASTER LEASE-PURCHASE AGREEMENT IN CONNECTION WITH THE FINANCING OF CERTAIN CERTIFICATES OF PARTICIPATION; APPROVING U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS SUCCESSOR TRUSTEE; AUTHORIZING THE CHAIR AND THE SUPERINTENDENT OF SCHOOLS TO AWARD THE SALE OF THE SERIES 2026 CERTIFICATES TO THE UNDERWRITERS WITHIN THE PARAMETERS SET FORTH HEREIN; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A CERTIFICATE PURCHASE CONTRACT RELATING TO THE NEGOTIATED SALE OF SUCH CERTIFICATES OF PARTICIPATION UPON SUCH AWARD; APPROVING THE FORM OF A PRELIMINARY OFFERING STATEMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FINAL OFFERING STATEMENT WITH RESPECT TO SUCH CERTIFICATES OF PARTICIPATION; APPROVING THE FORM AND AUTHORIZING THE EXECUTION AND DELIVERY OF A DISCLOSURE DISSEMINATION AGENT AGREEMENT;
APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF A GROUND LEASE AGREEMENT; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF A MEMORANDUM OF GROUND LEASE; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A THIRD AMENDMENT TO MASTER LEASE-PURCHASE AGREEMENT; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A THIRD AMENDMENT TO MASTER TRUST AGREEMENT; AND APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF AN ASSIGNMENT OF GROUND LEASE; DELEGATING AUTHORITY TO DETERMINE WHETHER TO UTILIZE MUNICIPAL BOND INSURANCE FOR 2 ALL OR A PORTION OF SUCH CERTIFICATES; PROVIDING CERTAIN OTHER AUTHORIZATIONS AND DETAILS, AND PROVIDING AN EFFECTIVE DATE.
Location: School Board Auditorium, 1915 S. Floral Avenue, Bartow, FL 33830
Assistance: If you require any type of an accommodation because of a disability to participate in the public meeting or hearing, please call the Office of Compliance and ADA at (863) 534-0513. If you are deaf or hard of hearing, please contact us by calling the Florida Relay Service at 1-800-955-8771.
Appeal Notice: Notice is given in accordance with  286.0105, Florida Statutes, that a record is required to appeal any decision the School Board makes at a public meeting or hearing. Those making an appeal need to preserve a verbatim record of the proceeding at their own expense, usually with a court reporter. The record must include the essential testimony and evidence required for any such appeal.
For further information about this public meeting, please contact Heather Jenkins, Associate Superintendent Chief Financial Officers, School Board of Polk County, Florida, P.O. Box 391, Bartow, Florida 33831, at 863-457-4704.
Dated: March 11, 2026
By: Justin Sharpless, Board Chair
Attest: Frederick R. Heid, Secretary
March 17,2026 12166044