agenda regular business meeting wr satz school june 25 ... - Holmdel

AGENDAREGULAR BUSINESS MEETINGW. R. SATZ SCHOOLJUNE 25, 2013 8:00 PMSection 2.That the Letter of Representation in the form presented to this meeting, be and thesame is hereby approved, and the School Business Administrator is hereby authorized toexecute the Letter of Representation, with such additions, deletions or modifications as suchofficer shall approve, and to deliver the same to the addressees designated on such Letter ofRepresentation, such approval to be conclusively evidenced by the execution and deliverythereof.Section 3.That the School Business Administrator is hereby authorized and directed to executeand deliver any and all documents and instruments and to do and cause to be done any and allacts and things necessary or proper for the execution and delivery of the Agreement and forcarrying out the sale, issuance and delivery of the Bonds, the Authority’s Capital EquipmentPooled Lease Revenue Bonds, Series 2013 and all related transitions contemplated by thisresolution.Section 4.All resolutions or proceedings, or parts thereof, in conflict with the provision of thisresolution are to the extent of such conflict hereby repealed.Section 5.This resolution shall become effective immediately.MOTION: SECOND: VOTE:9lll. Approval of Monthly Certification -May 31, 2013Resolved That pursuant to N.J.A.C.6A:23-2.11(e), we certify that as of May 31, 2013after review of the Secretary’s Monthly Financial Report (appropriations section) and,upon consultation with the appropriate district officials, that, to the best of ourknowledge, no major account or fund has been over expended in violation ofN.J.A.C.6A:23-2.11 (b); that no line item account has encumbrance and expenditures,which in total exceed the line item appropriation in violation of N.J.A.C.6A:23.11 (1),and that sufficient funds are available to meet the district’s financial obligations for theremainder of the fiscal year.MOTION: SECOND: VOTE:9mmm. Approval of Business Administrator/Board Secretary’s Financial Report- May 31, 2013Resolved:That the Financial Report of the Business Administrator/Board Secretary for themonth ending May 31, 2013, is hereby approved and the BusinessAdministrator/Board Secretary instructed to file same.MOTION: SECOND: VOTE:9nnn. Approval of Treasurer’s Financial Report- May 31, 2013Resolved:That the Financial Report of the Treasurer of School Funds for the month endingMay 31, 2013, is hereby approved and the Business Administrator/Board Secretaryis instructed to file same. The report is in agreement with the report of the BusinessAdministrator/Board Secretary.MOTION: SECOND: VOTE:46