Finance and Administration Cabinet
Meeting of the State Property and Buildings Commission

FRANKFORT, Ky.—The State Property and Buildings Commission (SPBC) will hold a meeting Friday, April 27, 2012, at 2:30 p.m. in Room 182 of the Capitol Annex, Frankfort, Ky.

AGENDA

1. Call to Order
     A.  Quorum
     B.  Notification of Press

2. Approval of Minutes from March 21, 2012

3. Overview of the Bluegrass Boardwalk Project

4. A Resolution of the State Property and Buildings Commission authorizing the use of KRS 56.515 which provides for the conveyance, reconveyance and leaseback of property in the custody of the State Fair Board by Bluegrass Boardwalk, Inc. to support the construction of improvements on the property.
(Resolution 2012-06).

5. A Resolution approving a multi-party agreement which describes the general business terms of the conveyance, reconveyance and leaseback transaction authorized by KRS 56.515, including the right of the State Fair Board to redeem the mortgages (fee and leasehold) to be granted by Bluegrass Boardwalk, Inc. to secure the construction of the improvements on the property in the custody of the State Fair Board. (Resolution 2012-07)

6. Other Business

7. Adjournment

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