Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Contracts topic
No spam. Unsubscribe anytime.
Governing board approves lease-purchase agreement with Clayton Holdings LLC to lock in expiring rate
Summary
A virtual governing-board meeting approved a lease-purchase agreement with Clayton Holdings LLC after staff said the interest rate was due to expire; the board also approved the June 12 agenda and voted to adjourn open session.
A governing board meeting held virtually approved a lease-purchase agreement with Clayton Holdings LLC and associated documents after staff said the decision could not wait because an interest rate was expiring.
The chair opened the item with a motion to approve the agreement and related paperwork. A staff member told the board, "The rate was going to expire, so that's why we needed to have it today instead of waiting," explaining why the board was asked to act before its next regular meeting.
Board member Kevin Maguire moved to approve the lease-purchase agreement; board member Amy Greider seconded. After members indicated their support, the motion passed. The board previously approved its June 12 agenda earlier in the meeting by motion and later voted to adjourn the open session.
Votes at a glance: The motion to approve the June 12 agenda passed after members voted in favor; the motion to approve the lease-purchase agreement with Clayton Holdings LLC passed; the motion to adjourn open session passed. Individual vote names were recorded in the meeting audio but the transcript records only the roll confirmations and not a complete roll-call tally by name.
The meeting began with brief technical setup and the Pledge of Allegiance, and concluded when the chair moved to adjourn the open session and members voted to do so.
