March 18, 2024 at 5:30 PM - Specially Called Board Meeting
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Call to Order (1 min)
Description:
Announcement by presiding officer whether a quorum is present, that the meeting was duly called, and that a notice of the meeting has been posted in the time and manner required by law
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Invocation (2 min)
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Escamilla & Poneck Attorneys Presentation - Mr. Juan Aguilera
Description:
Mr. Robert Tijerina and Mr. Juan Aguilera. These are 2 separate entities. Mr. Tijerina is a financial advisor with Tijerina, Galvan, and Lawerence. Mr. Aguilera is a lawyer with Escamilla & Poneck. Both entities are based out of San Antonio, Texas. Please be aware that these two entities are separate but work together as separate entities. Mr. Tijerina will present to the board how to best leverage our current debt and financial situation. At the board's will, RCISD will be able to hire Mr. Tijerina as a financial advisor. Currently, our financial advisor is Hilltop Securities. If the board decides to hire Mr. Tijerina and his firm, we must dissolve our partnership with Hilltop Securities. Mr. Aguilera is lawyer. He works in partnership with Mr. Tijerina as bond counsel. Both of these gentlemen will present to the board their areas of expertise. Please know that neither of these entities gets paid unless there is a financial transaction has taken place. One exception is Mr. Tijerina will report on behalf of RCISD the conflict of interest disclosures. That service will incur a $5,000 dollar annual payment. Currently, Hilltop Securities performs that service for RCISD at a fee of $3,500 annually.
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Tijerina, Galvan, Lawrence Financial Consulting Presentation - Robert Tijerina
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Discussion and possible action on the termination of RCISD Financial Advisor contract with Hilltop Securities
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Discussion and possible action on retaining Tijerina Galvan Lawerence LLC as RCISD's Financial Advisor
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Consideration and approval of a Resolution approving a contingent fee contract for Bond Counsel Legal Services with Escamilla & Poneck, LLP and considering those matters provided in the district's public notice dated March 8, 2024, and approval of other matters related thereto
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Board Presentation concerning the RCISD TexPool Accounts and Partnership with Roscoe State Bank
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Consider action to approve moving funds from RCISD M&O TexPool account to Roscoe State Bank Investment Account
Description:
The recommendation is to move $30 million into the Roscoe State Bank Investment Account
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Closed Session
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Pursuant to Texas Government Code Section 551.071 matters having to do with private consultation with the Board's attorney
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Pursuant to Texas Government Code Section 551.074, matters having to do with deliberation, employment, evaluation, reassignment, duties, discipline, dismissal, complaint or charge against a public officer or employee. This does not apply if the employee in question requests a public hearing.
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Return to Open Session
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Consider action if any of the agenda items as discussed in closed session
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Adjourn
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