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

MEDIA ADVISORY

Meeting of the State Property and Buildings Commission

FRANKFORT, Ky.—The State Property and Buildings Commission (SPBC) will hold a meeting on Monday, June 14, 2010 at 2 p.m. EDT in Room 182 of the Capitol Annex, Frankfort, Kentucky.

 AGENDA

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

2.       Approval of Minutes from May 19, 2010

3.      Resolution of the State Property and Buildings Commission (SPBC) approving capital construction projects, authorized by House Bill 1 and House Bill 3 of the 2010 Extraordinary Session of the General Assembly
A Resolution of the State Property and Buildings Commission approving Capital Construction Projects authorized by the 2010 Extraordinary Session of the General Assembly where such projects will be financed by the issuance of State Property and Buildings Commission Revenue Bonds or other authorized state debt-issuing authorities.

4.      State Property and Buildings Commission (SPBC) Revenue and Revenue Refunding Bonds, Project No. 98 (Amended and Restated Bond Resolution)
A Resolution of the State Property and Buildings Commission of the Commonwealth of Kentucky authorizing the issuance of Revenue Bonds for the purpose of financing a project and refunding various prior issues; setting forth the terms and conditions upon which said revenue bonds are to be issued and providing for a negotiated sale thereof; authorizing and ratifying actions of the Commission Staff in the structuring, planning and preparation of all documentation for the issuance of said bonds and in preparing and publishing a preliminary official statement for the bonds; reciting, acknowledging and approving the filing of an application by the Finance and Administration Cabinet of the Commonwealth of Kentucky for the revenue bonds to finance various projects pursuant to section 56.450 of the Kentucky Revised Statutes; approving a lease of the projects to the Cabinet to provide revenues for the amortization of the bonds; defining and providing for the rights of the owners of the bonds and providing for the application of the proceeds thereof.

5.      Kentucky Housing Corporation Housing Revenue Bonds, 2010 Series C, D & E

A Resolution of the State Property and Buildings Commission of the Commonwealth of Kentucky approving the issuance by the Kentucky Housing Corporation of its housing bonds in one or more series and in one or more tax plans.

6.      New Business

7.      Adjournment

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