DATE, TIME, PLACE OF MEETING

The Calcasieu Parish School Board met in the Conference Room of the Calcasieu Parish School Board located at 1732 Kirkman Street, Lake Charles, Louisiana, on Tuesday, April 8, 2008, 4:45 p.m. The meeting was called to order by Jimmy Pitre, President. The prayer was led by Bill Jongbloed; R.L. Webb led the Pledge of Allegiance.

ROLL CALL

The roll was called and the following members were present:

Joe Andrepont, Dale Bernard, Billy Breaux, Randy Burleigh, Mack Dellafosse, Clara Duhon, Chad Guidry, Fred Hardy, Bill Jongbloed, James Karr, Bryan LaRocque, Jimmy Pitre, Elray Victorian, and R.L. Webb.

Annette Ballard was absent.

MINUTES APPROVED

On a motion by Mr. Andrepont, seconded by Mr. Webb and unanimously carried, the Minutes of the regular meeting of March 4, 2008, were approved as presented.

SUPPLEMENTAL AGENDA

On a motion by Mr. Dellafosse and seconded by Mr. Burleigh, the Supplemental Agenda was included as part of the regular agenda.

Mr. Dellafosse made the motion, seconded by Mr. Burleigh, to change the agenda order so that Mr. Jay Delafield could present the Items IX D, E, F, G. The motion carried.

Mr. Delafield presented the following:

SEQ CHAPTER \h \r 1Lake Charles, Louisiana

April 8, 2008

The Parish School Board of Calcasieu Parish, Louisiana, governing authority of School District No. 21 of Calcasieu Parish, Louisiana, met in regular public session at 4:45 o’clock p.m. on Tuesday, April 8, 2008, at the regular meeting place of said Board in the Calcasieu Parish School Board Office, Lake Charles, Louisiana, pursuant to the provisions of written notice given to each and every member thereof and duly posted in the manner required by law.

President, James W. Pitre, called the meeting to order and on roll call, the following members were present:

Mr. Webb, Mr. Hardy, Mrs. Duhon, Mr. Bernard, Mr. Jongbloed,, Mr. Dellafosse, Mr. Pitre, Mr. Burleigh, Mr. Karr, Mr. Guidry, Mr. Andrepont, Mr. Breaux, Mr. Victorian, Mr. LaRocque

ABSENT: Mrs. Ballard

The meeting was called to order and the roll called with the above results.

The President of the Board stated that one purpose of the meeting was for canvassing and tabulating the returns of an election held in School District No. 21 of Calcasieu Parish, Louisiana (the “District”) on March 8, 2008, on the question of incurring debt and issuing bonds in an amount not exceeding $11,500,000, which bonds are to be retired with, paid from and secured by ad valorem taxes on all taxable property within the District, and thereupon presented the following proces verbal, which was adopted by the following vote:

YEAS: Mr. Andrepont, Mr. Bernard, Mr. Breaux, Mr. Burleigh, Mr. Dellafosse, Mrs. Duhon, Mr. Guidry, Mr. Hardy, Mr. Jongbloed, Mr. Karr, Mr. LaRocque, Mr. Victorian and Mr. Webb

NAYS: None ABSENT:Mrs. Ballard

NOT VOTING: President Pitre

PROCES VERBAL

BE IT KNOWN AND REMEMBERED that on this 8^th day of April, 2008, at 4:45 o’clock p.m., in accordance with a resolution of the Calcasieu Parish School Board (the “Board”), governing authority of School District No. 21 of Calcasieu Parish, Louisiana, adopted on December 4, 2007, and recorded in the records of said Board, notice of which meeting was issued and published according to law, the undersigned members of the Board, being a quorum thereof, met at the regular meeting place of the Board, and according to law examined the tabulation blanks, certificates and statements which were received from the Commissioners and Commissioners-in-Charge of the election held in School District No. 21 of Calcasieu Parish, Louisiana on March 8, 2008, in accordance with said resolution, together with the transcription of the totals made by the Clerk of Court and Ex-Officio Parish Custodian of Voting Machines in and for Calcasieu Parish to determine the following proposition:

BOND PROPOSITION

SUMMARY: AUTHORITY FOR SCHOOL DISTRICT NO. 21 OF CALCASIEU PARISH, LOUISIANA, TO ISSUE NOT EXCEEDING $11,500,000 OF UP TO 20-YEAR PUBLIC SCHOOL IMPROVEMENT BONDS FOR ACQUIRING AND/OR IMPROVING SCHOOL BUILDINGS AND OTHER SCHOOL RELATED FACILITIES WITHIN THE DISTRICT, SAID BONDS TO BE PAYABLE FROM AD VALOREM TAXES.

Shall School District No. 21 of Calcasieu Parish, Louisiana, incur debt and issue bonds in an amount not exceeding $11,500,000 for a period not to exceed twenty (20) years from the date thereof, with interest at a rate not exceeding nine (9%) percent per annum, for the purpose of acquiring and/or improving lands for building sites and playgrounds, purchasing, erecting, enlarging and/or improving school buildings and other school related facilities within and for said School District, and acquiring the necessary equipment and furnishings therefor, title to which shall be in the public, which said bonds shall be retired with, paid from and secured by ad valorem taxes on all taxable property within the limits of School District No. 21 of Calcasieu Parish, Louisiana, sufficient in rate and amount to pay said bonds in principal and interest?

The results of said election proved to be as follows:

NUMBER OF VOTES IN NUMBER OF VOTES

PRECINCT FAVOR OF PROPOSITION AGAINST PROPOSITION

600 87 87

601 64 39

602 88 45

603 30 13

660 117 77

661 (Part) 56 29

662 45 18

663 9 2

664 22 1

Absentees 3 3

TOTALS 521 314

We therefore ascertained that the majority of qualified electors of School District No. 21 of Calcasieu Parish, Louisiana qualified to vote under the Constitution and laws of the State of Louisiana voting in said election in the District voted in favor of the Bond Proposition.

At the same time and place, we did examine and canvass the returns as evidenced by said tabulation blanks, certificates, and statements received from the election Commissioners and Commissioners-in-Charge, the correctness of which were sworn to by the election Commissioners-in-Charge and Commissioners according to law, and our finding was that the returns indicated a majority voted in favor of said proposition.

Therefore, we declare that the result of said election is in favor of the Bond Proposition as stated above.

In accordance with law, a resolution promulgating the aforesaid results was adopted, and the Secretary of the Board was ordered to have a copy of said resolution signed by the President and published in one issue of the Lake Charles American Press, a newspaper published in Calcasieu Parish and of general circulation in said School District No. 21.

We did, likewise, order that one copy of this proces verbal be sent to the Secretary of State to be recorded in the archives of the State of Louisiana, and that one copy be sent to the Clerk of the District Court of Calcasieu Parish to be recorded in the mortgage records of said Parish and that one copy be filed in the archives of this Board.

The following resolution was thereupon introduced, and pursuant to a motion made by Mr. Karr and seconded by Mr. Webb, was adopted by the following vote:

YEAS: Mr. Andrepont, Mr. Bernard, Mr. Breaux, Mr. Burleigh, Mr. Dellafosse, Mrs. Duhon, Mr. Guidry, Mr. Hardy, Mr. Jongbloed, Mr. Karr, Mr. LaRocque, Mr. Victorian and Mr. Webb

NAYS: None ABSENT:Mrs. Ballard

NOT VOTING: President Pitre

RESOLUTION

A RESOLUTION PROMULGATING THE RESULTS OF A SPECIAL ELECTION HELD IN SCHOOL DISTRICT NO. 21 OF CALCASIEU PARISH, LOUISIANA ON MARCH 8, 2008.

WHEREAS, on March 8, 2008, an election was held in School District No. 21 of Calcasieu Parish, Louisiana, to determine the proposition hereinafter set out;

WHEREAS, the returns of said election were canvassed by the Board according to law and notice duly given as provided by law, and the result of said election was declared to be in favor of proposition;

NOW, THEREFORE, BE IT RESOLVED by the Calcasieu Parish School Board, the governing authority of School District No. 21 of Calcasieu Parish, Louisiana, as follows:

SECTION 1. An election was held in School District No. 21 of Calcasieu Parish, Louisiana, on March 8, 2008, to determine the proposition hereinafter set out; that said election was duly and properly called by the Board by a resolution adopted on December 4, 2007 and recorded in the records of said Board, that notice of said election embracing all matters required by law to be contained therein was given by publication in the Lake Charles American Press, a newspaper published in Lake Charles, Louisiana, and of general circulation in School District No. 21, on January 8, January 15, January 22, and January 29, 2008, the first of said publications being not less than 45 days nor more than 90 days prior to the date set for said election; that this Board did in said resolution designate the polling places for said election and did provide for the use of voting machines in the conduct of said election; that election officials were duly selected; that each election official received the certificate of instruction of the use of the voting machines and his duties in connection therewith as required by law; that the State Custodian of Voting Machines and the Clerk of Court and Ex-Officio Parish Custodian of Voting Machines of Calcasieu Parish made available on the day of the election at the polling places designated for the conduct of said election the necessary voting machines and all necessary equipment and paraphernalia required by law in connection with the use of voting machines at elections; that the Registrar of Voters and the Clerk of Court of Calcasieu Parish furnished to the election Commissioners and Commissioners-in-Charge copies of the precinct registers for each precinct or ward entitled to vote at such polling places; that the Louisiana Secretary of State prepared and certified the ballot used in the voting machines as required by law; that the proposition voted on in said election and as it appeared in said voting machine was in due form provided by law and the resolution adopted by this Board on December 7, 2007, calling said special election; that the results of said election were written on a large sheet of paper at said polling places, which sheet of paper was signed by each of the election officials designated to conduct such election at said polling places and which sheet was thereupon posted in public view at the polling places in accordance with law; that only qualified electors under the Constitution and laws of the State of Louisiana voted at said election; that the officials who served at said election were duly and properly appointed; that the places of all absent election officials were properly filled in accordance with law; that before opening the polls all election officials were properly sworn in accordance with law; that the polls at the voting places were opened at 6:00 a.m. and remained open and until not later than 8:00 p.m.; that after the closing of the polls the votes for and against the proposition were properly counted and tallied and the necessary tabulation blanks, certificates and statements were made by the election officials in accordance with law and the voting machines delivered to the Clerk of Court and Ex-Officio Custodian of Voting Machines in and for Calcasieu Parish, Louisiana, and a copy of the results of said election delivered to the Clerk of the District Court of Calcasieu Parish as required by Louisiana Revised Statutes 18:571; that on

March 11, 2008, that being the third day after said election the Clerk of Court and Ex-Officio Custodian of Voting Machines, after breaking the seals and opening the voting machines used in said election did transcript the totals for the proposition voted upon at said election; and that all things whatsoever required by law to be done in connection with the holding of said election were properly and duly performed in manner and form as required by Chapter 4 of Subtitle II of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and the general election laws of the State of Louisiana.

SECTION 2. In said election the following proposition was approved by a majority of the electors qualified to vote and voting in said election in School District No. 21 of Calcasieu Parish, Louisiana:

BOND PROPOSITION

SECTION 3. The results of said election shall be promulgated by publication of this resolution of promulgation one time in the Lake Charles American Press, a newspaper published in Lake Charles, Louisiana, the official journal of the Board and of general circulation in School District No. 21.

ADOPTED AND APPROVED this 8^th day of April, 2008.

/s/ James W. Pitre

JAMES W. PITRE, President

Calcasieu Parish School Board

ATTEST:

/s/ Wayne R. Savoy

WAYNE R. SAVOY, Secretary

Calcasieu Parish School Board

(Other business not pertinent to the present excerpt may be found of record in the official minute book.)

/s/ James W. Pitre

JAMES W. PITRE, President

Calcasieu Parish School Board

ATTEST:

/s/ Wayne R. Savoy

WAYNE R. SAVOY, Secretary

Calcasieu Parish School Board

STATE OF LOUISIANA

PARISH OF CALCASIEU

I, WAYNE R. SAVOY, certify that I am the duly qualified and acting Superintendent of Public Schools for the Parish of Calcasieu, Louisiana, and as such, Ex-Officio Secretary of the Calcasieu Parish School Board, governing authority of School District No. 21 of Calcasieu Parish, Louisiana.

I further certify that the above and foregoing is a true and correct copy of an excerpt from the minutes of a public meeting of the Calcasieu Parish School Board held on April 8, 2008, and of a resolution adopted at said meeting, as said minutes and resolution appear officially of record in my possession.

IN FAITH WHEREOF, witness my official signature and the impress of the official seal of the Calcasieu Parish School Board on this 8^th day of April, 2008.

_________________________________

WAYNE R. SAVOY, Secretary

On a motion to approve by Mr. Karr and seconded by Mr. Webb, the motion carried.

SEQ CHAPTER \h \r 1Lake Charles, Louisiana

April 8, 2008

The Parish School Board of Calcasieu Parish, Louisiana, met in regular public session at 4:45 o’clock p.m. on Tuesday, April 8, 2008, at the regular meeting place of said Board in the Calcasieu Parish School Board Office Building, 1732 Kirkman Street, Lake Charles, Louisiana, pursuant to the provisions of written notice given to each and every member thereof and duly posted in the manner required by law.

President, James W. Pitre, called the meeting to order and on roll call, the following members were present:

Joe A. Andrepont, Dale B. Bernard, Billy Breaux, Randall Burleigh, Mack Dellafosse, Clara Duhon, Chad Guidry, Fredman Hardy, Bill Jongbloed, James W. Karr, Sr., Bryan LaRocque, James W. Pitre, Elray Victorian and R. L. Webb

ABSENT: Annette Ballard

The meeting was called to order and the roll called with the above result.

The following resolution was thereupon introduced, and pursuant to motion made by Mr. Karr and seconded by Mr. Hardy, was adopted by the following vote:

YEAS:Mr. Andrepont, Mr. Bernard, Mr. Breaux, Mr. Burleigh, Mr. Dellafosse, Mrs. Duhon, Mr. Guidry, Mr. Hardy, Mr. Jongbloed, Mr. Karr, Mr. LaRocque, Mr. Victorian and Mr. Webb

NAYS:None

ABSENT:Mrs. Ballard

NOT VOTING: President Pitre

RESOLUTION

A RESOLUTION AUTHORIZING ADVERTISEMENT FOR SALE OF $7,500,000 GENERAL OBLIGATION PUBLIC SCHOOL IMPROVEMENT BONDS OF SCHOOL DISTRICT, NO. 21 OF CALCASIEU PARISH, LOUISIANA, 2008 SERIES.

BE IT RESOLVED by the Parish School Board of Calcasieu Parish, Louisiana, the governing authority of School District No. 21 of Calcasieu Parish, Louisiana as follows:

SECTION 1. $7,500,000 General Obligation Public School Improvement Bonds of School District No. 21 of Calcasieu Parish, Louisiana, 2008 Series (the “Bonds”), authorized by an election held in School District No. 21 on March 8, 2008, shall be sold as herein directed.

SECTION 2. Sealed bids shall be received for the purchase of the Bonds and the Bonds shall be opened in public session of the Calcasieu Parish School Board on June 3, 2008, at 4:45 o’clock p.m. Central Daylight (Louisiana) Time, at the regular meeting place of the Calcasieu Parish School Board, 1732 Kirkman Street, Lake Charles, Louisiana.

SECTION 3. In accordance with Article 1426 of Title 39 of the Louisiana Revised Statutes of 1950, as amended, notice of the sale of the Bonds shall be published one time at least seven clear calendar days before the date scheduled for the receipt of bids, in the Lake Charles American Press, a newspaper published in Lake Charles, Calcasieu Parish, Louisiana, and of general circulation in School District No. 21 of Calcasieu Parish, and at least once in the Daily Journal of Commerce, a financial journal or newspaper containing a section devoted to municipal bond news published in the City of New Orleans, Louisiana, which publication shall be made at least forty-eight (48) hours in advance of the date scheduled for the receipt of bids. The notice of sale to be published shall be substantially in the following form:

OFFICIAL NOTICE OF BOND SALE

$7,500,000

GENERAL OBLIGATION PUBLIC SCHOOL IMPROVEMENT BONDS

OF SCHOOL DISTRICT NO. 21 OF

CALCASIEU PARISH, LOUISIANA

2008 SERIES

SEALED AND ELECTRONIC BIDS will be received, in the case of sealed bids, by the Calcasieu Parish School Board, acting as the governing authority of School District No. 21 of Calcasieu Parish, Louisiana (the “Issuer”), at the Parish School Board Office at 1732 Kirkman Street, Lake Charles, Louisiana, and in the case of electronic bids, via PARITY^®, in the manner described below, until 3:30 o’clock p.m., Central Daylight (Louisiana) Time, on Tuesday, the

3^rd DAY OF JUNE, 2008,

for the purchase of the following issue of Bonds of School District No. 21 of Calcasieu Parish, Louisiana (the “Bonds”), authorized at a special election held within the Issuer on Saturday, March 8, 2008:

$7,500,000 General Obligation Public School Improvement Bonds, 2008 Series, maturing July 15 in each year in the principal amount as set forth opposite such year in the following table:

YEAR AMOUNT YEAR AMOUNT

2009 225,000.00 2019 370,000.00

2010 240,000.00 2020 385,000.00

2011 250,000.00 2021 410,000.00

2012 265,000.00 2022 425,000.00

2013 275,000.00 2023 450,000.00

2014 290,000.00 2024 470,000.00

2015 300,000.00 2025 495,000.00

2016 320,000.00 2026 520,000.00

2017 335,000.00 2027 545,000.00

2018 355,000.00 2028 575,000.00

Form of Bonds; Interest. The Bonds will be in fully registered form, dated July 15, 2008, will initially be one bond for each maturity with transfers in multiples of $5,000, and will be payable from and secured by unlimited ad valorem taxation. All Bonds of the same maturity must bear interest from date thereof until paid at one basic rate of interest to be designated by the bidder not exceeding nine (9%) percent per annum on any Bond in any interest payment period, said interest to be payable semi-annually on January 15 and July 15 of each year, beginning January 15, 2009.

Optional Redemption. Those Bonds maturing in the years 2009 to 2013, inclusive, shall not be subject to redemption prior to maturity. Those Bonds, or portions thereof in multiples of $5,000, maturing in the years 2014 to 2028, inclusive, shall be subject to redemption prior to maturity, at the option of the Issuer, in such order as the Issuer may determine and by lot within any maturity, on any interest payment date on or after July 15, 2013, at par and accrued interest to the date fixed for redemption.

The Bonds will be payable at Argent Trust, a Division of National Independent Trust Company, in the city of Ruston, Louisiana.

Electronic Bidding. Electronic bids will be accepted via PARITY®. No other form of electronic bid will be accepted. To the extent any instructions or directions set forth in PARITY® conflict with this Notice of Sale, the terms of this Notice of Sale shall control. Each bidder electing to submit its bid in electronic form through PARITY® shall be solely responsible for all arrangements with PARITY®. The Issuer is using PARITY® solely as a communication mechanism and not as the Issuer’s agent. All costs and expenses of PARITY® shall be the responsibility of the bidder. The time maintained on PARITY® shall constitute the official time for purposes of electronic bidding. For further information about PARITY® potential bidders may contact PARITY® at 1359 Broadway, New York, New York 10018 (212.849.5021).

Sealed bids will be opened, electronic bids retrieved and all bids publicly announced in the School Board Offices as soon as possible after the deadline for receipt of bids.

Each bidder submitting an electronic bid agrees (i) that it is solely responsible for all arrangements with PARITY®, (ii) that PARITY® is not acting as the agent of the Issuer, and (iii) that the Issuer is not responsible for ensuring or verifying bidder compliance with any of the procedures of PARITY®. The Issuer assumes no responsibility for, and each bidder expressly assumes the risks of and responsibility for, any incomplete, inaccurate or untimely bid submitted by such bidder through PARITY®. Each bidder shall be solely responsible for making necessary arrangements to access PARITY® for purposes of submitting its bid in a timely manner and in compliance with the requirements of this Official Notice of Bond Sale. The Issuer shall have no duty or obligation to provide or assure such access to any bidder, and the Issuer shall not be responsible for proper operation of, or have any liability for, any delays or interruptions of, or any damages caused by PARITY®.

Sealed Paper Bids. Bids will also be accepted in written form on the official bid form furnished by the Issuer without alteration or qualification. Each paper bid must be sealed in an envelope marked “Bid for Purchase of $7,500,000 General Obligation Public School Improvement Bonds of School District No. 21 of Calcasieu Parish, Louisiana, 2008 Series.” Sealed paper bids should be directed to the Superintendent, Calcasieu Parish School Board, 1732 Kirkman Street, Lake Charles, Louisiana 70601. The time maintained on PARITY® shall constitute the official time for purposes of sealed paper bids.

Bid Requirements. Each Bid submitted must be for the entire issue of Bonds, must be unconditional, and must be on the bid form furnished by the Issuer to prospective bidders and available through PARITY® without alteration or qualification. All Bidders shall name one basic rate of interest for each Bond maturity not exceeding nine (9%) percent per annum on any Bond in any interest payment period to be expressed in a multiple of one-twentieth (1/20) or one-eighth (1/8) of one (1%) percent per annum. No bids for less than par and accrued interest from July 15, 2008 to the date of delivery of the Bonds or which specifies the cancellation of Bonds will be considered. Any premium bid must be paid in funds specified for the payment of the Bonds as part of the purchase price.

Good Faith Deposit. Each bid must be accompanied by a good faith deposit (the “Deposit”) as follows: (i) a certified or cashier’s check drawn on an incorporated bank or trust company, or (ii) a Financial Surety Bond, in the amount of $150,000.00 made payable to the Issuer must accompany each bid as a guarantee of good faith on the part of the bidder. If a Financial Surety Bond is used, it must be from an insurance company licensed to issue such a bond in the State of Louisiana, and such Financial Surety Bond must be submitted to the Issuer or its Bond Counsel by 9:00 a.m., Central Daylight (Louisiana) Time, on the date of the sale. The Financial Surety Bond must identify each bidder whose Deposit is guaranteed by such Financial Surety Bond. If the Bonds are awarded to a bidder utilizing a Financial Surety Bond, then that purchaser is required to submit its Deposit to the Issuer in the form of a certified or cashier’s check not later than 3:30 p.m., Central Daylight (Louisiana) Time, on the day following the award. If such Deposit is not received by that time, the Financial Surety Bond may be drawn by the Issuer to satisfy the Deposit requirement. Deposits of unsuccessful bidders will be returned promptly, and the Deposit of the successful bidder will be retained and will be returned to the successful bidder or bidders upon payment in full of the purchase price of the Bonds, or in the case of neglect or refusal to comply with such bid, will be forfeited as liquidated damages. No interest will be allowed on the amount of the Deposit.

Method of Award. The Bonds will be awarded to the bidder offering to purchase the Bonds at such rate or rates of interest as will produce the lowest effective interest rate to the Issuer. The lowest effective interest rate will be determined in accordance with the “True” or “Canadian” interest cost method of calculation by doubling the semiannual interest rate (compounded semiannually) necessary to discount the debt service payments from the payment dates to the date of the Bonds and to the price bid, excluding the accrued interest from the date of the Bonds to the date of their delivery. If any bid for the Bonds shall be acceptable, a prompt award of the Bonds will be made. The right is expressly reserved to waive any irregularity in any bid or to reject any and all bids received.

Reoffering Prices. It shall be the obligation of the successful bidder to furnish to the Issuer within forty-eight hours after being notified of the award of the Bonds, the initial public offering prices of the Bonds (or if no reoffering of the Bonds is made, a statement of such fact). As a condition to the Issuer’s obligation to deliver the Bonds, and upon delivery of the Bonds, the successful bidder will furnish a certificate acceptable to Bond Counsel to the Issuer (i) specifying the reoffering prices at which a substantial amount of the Bonds was sold to the public (excluding bond houses, brokers and other intermediaries) and (ii) certifying as to the accuracy of such reoffering prices. Bond Counsel advises that (i) such certificate must be made on the best knowledge, information and belief of the successful bidder, (ii) the sale to the public of 10% or more in par amount of the Bonds of each maturity at (or below) the initial reoffering prices would be sufficient to certify as to the sale of a substantial amount of the Bonds, and (iii) reliance on other facts as a basis for such certification would require evaluation by Bond Counsel to assure compliance with the applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”).

Delivery. The Bonds are expected to be delivered on or about July 17, 2008, against payment therefor. Payment of the purchase price of the Bonds shall be in immediately available Federal Funds. The winning bidder will be obligated to accept delivery at any time within sixty (60) days of the date of the sale.

Bond Insurance. If the Bonds qualify for issuance of any policy of municipal bond insurance or commitment therefor at the option of the bidder, any purchase of such insurance or commitment therefor shall be at the sole option and expense of the bidder and any increased costs of issuance of the Bonds resulting by reason of such insurance, unless otherwise paid, shall be paid by such bidder. Any failure of the Bonds to be so insured or of any such policy of insurance to be issued, shall not in any way relieve the purchaser of its contractual obligations arising from acceptance of its proposal for purchase of the Bonds.

CUSIP Numbers. It is anticipated that CUSIP identification numbers will be printed on the Bonds, but failure to print such numbers shall not constitute cause for refusal by the successful bidder to accept delivery of and to pay for the Bonds. No CUSIP identification number shall be deemed to be part of the Bond or a part of the contract evidenced thereby, and no liability shall hereafter attach to the Issuer or any officers or agents thereof because of or on account of such numbers. All expenses related to the printing of CUSIP identification numbers on the Bonds shall be paid by the Issuer. However, the CUSIP Service Bureau charge for assignment of such numbers shall be the responsibility of and shall be paid by the successful bidder.

Official Statement. A copy of the Issuer’s Preliminary Official Statement may be obtained by contacting Joseph A. Delafield, A Professional Corporation, 3401 Ryan Street, Suite 307, Lake Charles, Louisiana 70605, Bond Counsel. The Preliminary Official Statement is in a form “deemed final” by the Issuer for purposes of SEC Rule 15c2-12(b)(1) but is subject to revision, amendment, and completion in a final official statement.

Promptly after the sale date, but in no event later than seven (7) business days after such date, the Issuer will provide the successful bidder with a reasonable number of final Official Statements, not to exceed one hundred (100) f.o.b. Lake Charles, Louisiana. Such final Official Statements may be obtained without cost to the successful bidder from the Issuer as set forth herein. Additional copies of the final Official Statement may be obtained up to three months following the sale of the Bonds by a request and payment of costs for reproduction.

Legal Opinion. The approving legal opinion of Joseph A. Delafield, A Professional Corporation, Lake Charles, Louisiana, and the transcript of record as passed upon, will be furnished to the successful bidder(s) without cost to it. The transcript will contain the usual closing proofs, including a certificate by the Issuer that up to the time of delivery, no litigation has been filed questioning the validity of the Bonds or the taxes necessary to pay the same.

Additional Information. For information relative to the Bonds not contained in the Notice of Bond Sale and the Official Statement, address Karl Bruchhaus, Chief Financial Officer of the Calcasieu Parish School Board, 1724 Kirkman Street, Lake Charles, Louisiana 70601; or Joseph A. Delafield, A Professional Corporation, Bond Counsel, 3401 Ryan Street, Suite 307, Lake Charles, Louisiana 70605.

SECTION 4. The Calcasieu Parish School Board hereby adopts the Notice of Bond Sale contained in Section 3 hereof as the official Notice of Bond Sale, which shall be sent to persons who seek further information with respect to the Bonds and which will form part of the contract of sale of the Bonds.

SECTION 5. The Calcasieu Parish School Board hereby adopts the following as an official bid form which shall be used by prospective bidders for the Bonds described herein, and which shall be supplied to all persons seeking information with respect to the Bonds:

OFFICIAL BID FORM

Sealed and electronic bids must be submitted by 3:30 pm Local Time.

School District No. 21 of June 3, 2008

Calcasieu Parish, Louisiana

c/o Calcasieu Parish School Board

Lake Charles, LA 70601

On behalf of the firms listed below and pursuant to the terms and conditions of the Issuer’s Official Notice of Bond Sale and Preliminary Official Statement, all of the terms and conditions of which by reference are made a part hereof, we offer to purchase SEVEN MILLION FIVE HUNDRED THOUSAND AND NO/100 ($7,500,000) DOLLARS General Obligation Public School Improvement Bonds of School District No. 21 of Calcasieu Parish, Louisiana, 2008 Series, in the initial denominations of one Bond for each maturity, with transfers in multiples of $5,000.00, bearing interest payable semi-annually on January 15 and July 15 of each year, beginning January 15, 2009, maturing serially, WITH OPTION OF PRIOR PAYMENT, and bearing interest at rates as follows:

Maturity Interest Maturity Interest per Annum

Date Amount Rate per Annum Date Amount Annum (July 15)

2009 225,000.00 % 2019 370,000.00 %

2010 240,000.00 % 2020 385,000.00 %

2011 250,000.00 % 2021 410,000.00 %

2012 265,000.00 % 2022 425,000.00 %

2013 275,000.00 % 2023 450,000.00 %

2014 290,000.00 % 2024 470,000.00 %

2015 300,000.00 % 2025 495,000.00 %

2016 320,000.00 % 2026 520,000.00 %

2017 335,000.00 % 2027 545,000.00 %

2018 355,000.00 % 2028 575,000.00 %

We will pay the principal sum of SEVEN MILLION FIVE HUNDRED THOUSAND AND NO/100 ($7,500,000) DOLLARS, together with accrued interest from the date of the Bonds to the date of delivery, plus a premium in the amount of $ .

(NOTE: The following is stated for information only and is not part of this bid: the true interest cost of this bid, calculated in accordance with the Official Notice of Bond Sale, is % (to six decimal places).

Please indicate the appropriate choice:

We have posted a surety bond in the amount of $1500,000. If awarded the bid, we will deliver to the Issuer by 3:30 p.m., Local Time, on the next business day immediately following the date of award, a certified or cashier’s check in the amount of $150,000 drawn on an incorporated bank or trust company, or the Issuer will draw upon the surety bond and apply it in accordance with the Official Notice of Bond Sale against any loss resulting from the successful bidder failing to comply with the terms of this bid.

We have previously delivered a certified or cashier’s check for $150,000 drawn upon an incorporated bank or trust company as detailed in the Official Notice of Bond Sale and payable unconditionally to the order of the Issuer, which will be applied in accordance with the Official Notice of Bond Sale against any loss resulting from the successful bidder failing to comply with the terms of this bid.

Deposits of unsuccessful bidders will be returned promptly, and the deposit of the successful bidder will be retained and will be returned to the successful bidder or bidders upon payment in full of the purchase price of the Bonds, or in the case of neglect or refusal to comply with such bid, will be forfeited as liquidated damages. No interest will be allowed on the amount of the deposit.

We acknowledge receipt and review of the Preliminary Official Statement referred to in the Official Notice of Bond Sale, and understand the Bonds will be designated as “qualified tax-exempt obligations” pursuant to Section 265(b)(3)(B) of the Internal Revenue Code of 1986.

Respectfully submitted,

by:

Authorized Representative

And Associates

Bid accepted by resolution adopted by the Calcasieu Parish School Board, as governing authority of School District No. 21 of Calcasieu Parish, Louisiana, on this 3^rd day of June, 2008.

PRESIDENT

Calcasieu Parish School Board

SECTION 6. All resolutions and orders or parts thereof in conflict herewith be and the same are hereby repealed.

APPROVED AND ADOPTED this 8^th day of April, 2008.

/s/ James W. Pitre

James W. Pitre, President

Calcasieu Parish School Board

ATTEST:

/s/ Wayne R. Savoy

WAYNE R. SAVOY, Secretary

On a motion to accept by Mr. Karr and seconded by Mr. Hardy, the motion carried.

The following resolution was thereupon introduced, and pursuant to a motion made by Mr. Karr and seconded by Mr. Burleigh, was adopted by the following vote:

YEAS:Mr. Andrepont, Mr. Bernard, Mr. Breaux, Mr. Burleigh, Mr. Dellafosse, Mrs. Duhon, Mr. Guidry, Mr. Hardy, Mr. Jongbloed, Mr. Karr, Mr. LaRocque, Mr. Victorian and Mr. Webb

NAYS:None

ABSENT:Mrs. Ballard

NOT VOTING: President Pitre

RESOLUTION

A RESOLUTION ADOPTING THE PRELIMINARY DRAFT OF THE OFFICIAL STATEMENT TO BE PROVIDED THE INITIAL PURCHASER(S) OF $7,500,000 GENERAL OBLIGATION PUBLIC SCHOOL IMPROVEMENT BONDS OF SCHOOL DISTRICT NO. 21 OF CALCASIEU PARISH, LOUISIANA, 2008 SERIES, AND AUTHORIZING ITS DISTRIBUTION TO PROSPECTIVE BIDDERS FOR THE BONDS; AND AUTHORIZING, APPROVING AND DIRECTING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION.

WHEREAS, on March 8, 2008, an election was held in School District No. 21 of Calcasieu Parish, Louisiana, at which election the voters of School District No. 21 of Calcasieu Parish authorized said District to incur debt and issue bonds in an amount not to exceed $11,500,000, to run not to exceed twenty (20) years from the date thereof, with interest at a rate not exceeding nine (9%) percent per annum for the purpose of improving school buildings and acquiring the necessary equipment and furnishings therefor, title to which shall be in the public; and

WHEREAS, the sale of the 2008 Series of the Bonds in the principal amount of $7,500,000 will be held on June 3, 2008; and

WHEREAS, the Calcasieu Parish School Board must distribute to prospective bidders for the initial sale of the Bonds certain information to aid and assist those persons or institutions interested in bidding for the Bonds, in the form of a Preliminary Official Statement;

WHEREAS, an Official Statement must be provided to the successful bidder (initial purchaser of the Bonds) by the Calcasieu Parish School Board, which said Official Statement must contain not only all of the pertinent information which a prospective bidder requires but also information not yet available; and

WHEREAS, it is necessary or desirable to designate by resolution, (i) the Preliminary Official Statement as the “near final official statement” within the meaning of Rule 15c2-12 of the Securities and Exchange Commission (the “Rule”) and to approve the form and distribution thereof, and (ii) the individual who, for and on behalf of this Board and School District No. 21, would make such a decision.

NOW THEREFORE, BE IT RESOLVED by the Parish School Board of Calcasieu Parish, Louisiana, as the governing authority of School District No. 21 of Calcasieu Parish, Louisiana as follows:

SECTION 1. Approval and Designation. There is hereby delegated to the Chief Financial Officer authority to designate the form of the Preliminary Official Statement, with such revisions, additions and appendices thereto as he may deem necessary, in his discretion, as the “near final official statement” within the meaning of the Rule. Such form, when so approved by the Chief Financial Officer, is hereby authorized to be distributed to prospective purchasers of the Bonds.

SECTION 2. Final Official Statement. The Official Statement shall describe the final terms of the Bonds approved by the resolution of the Calcasieu Parish School Board authorizing issuance thereof and shall constitute the “final official statement” within the meaning of the Rule.

SECTION 3. Ratification. All actions heretofore taken by the Calcasieu Parish School Board and by the officers thereof or on their behalf, not inconsistent herewith directed toward preparation and delivery of the Preliminary Official Statement are hereby ratified, approved and confirmed.

SECTION 4. The Preliminary Official Statement. The preliminary draft of the Official Statement (a copy of which is on file in the office of the Superintendent of Schools of Calcasieu Parish) is hereby approved and adopted and copies thereof shall be distributed to prospective bidders for the Bonds.

SECTION 5. Other Matters. By the passage of this resolution, the Board does not intend to approve, nor is it approving hereby, any matters otherwise relating to execution and issuance of the Bonds.

SECTION 6. Severability. If any paragraph, clause, section or provision of this resolution is judicially adjudged invalid or unenforceable, such judgement shall not affect, impair or invalidate the remaining paragraphs, clauses, sections or provisions hereof.

SECTION 7. Repealer. All resolutions, ordinances, or orders in conflict herewith, be, to the extent of such conflict, and they are hereby repealed.

APPROVED AND ADOPTED this 8^th day of April, 2008.

/s/ James W. Pitre

James W. Pitre, President

Calcasieu Parish School Board

ATTEST:

/s/ Wayne R. Savoy

WAYNE R. SAVOY, Secretary

Calcasieu Parish School Board

(Other business not pertinent to the present excerpt may be found of record in the official minute book.)

/s/ James W. Pitre

James W. Pitre, President

Calcasieu Parish School Board

ATTEST:

/s/ Wayne R. Savoy

WAYNE R. SAVOY, Secretary

Calcasieu Parish School Board

STATE OF LOUISIANA

PARISH OF CALCASIEU

IN FAITH WHEREOF, witness my official signature and the impress of the official seal of the Calcasieu Parish School Board on this 8^th day of April, 2008.

_________________________________

WAYNE R. SAVOY, Secretary

On a motion to accept by Mr. Karr and seconded by Mr. Burleigh, the motion carried.

SEQ CHAPTER \h \r 1 Lake Charles, Louisiana

April 8, 2008

The Calcasieu Parish School Board, State of Louisiana, met in regular public session at its regular meeting place in the Calcasieu Parish School Board Office, Lake Charles, Louisiana, at 4:45 o’clock p.m. on April 8, 2008, pursuant to written notice given to each and every member thereof and duly posted in the manner required by law.

President, James W. Pitre, called the meeting to order and on roll call, the following members were present: Mr. Webb, Mr. Hardy, Mrs. Duhon, Mr. Bernard, Mr. Jongbloed, Mr. Dellafosse, Mr. Pitre, Mr. Burleigh, Mr. Karr, Mr. Guidry, Mr. Andrepont, Mr. Breaux, Mr. Victorian, Mr. LaRocque

ABSENT: Mrs. Ballard

Wayne R. Savoy, Board Secretary, also attended. The meeting was called to order and the roll called with the above results.

Thereupon, the following resolution was then introduced, and pursuant to motion made by Mr. Jongbloed and seconded by Mr. Bernard, was adopted by the following vote:

YEAS: Mr. Webb, Mr. Hardy, Mrs. Duhon, Mr. Bernard, Mr. Jongbloed, Mr. Dellafosse, Mr. Pitre, Mr. Burleigh, Mr. Karr, Mr. Guidry, Mr. Andrepont, Mr. Breaux, Mr. Victorian, Mr. LaRocque

NAYS: None

ABSENT: Mrs. Ballard

NOT VOTING:President Pitre

BOND RESOLUTION

A resolution providing for issuance, sale and delivery of not exceeding $10,000,000 General Obligation Refunding Bonds of School District No. 34 of Calcasieu Parish, Louisiana, 2008 Series; prescribing the form, fixing the details and providing for the rights of the owners thereof; providing for payment of the principal of and interest on such bonds and the application of the proceeds thereof to the refunding of certain public school improvement bonds of said District; and providing for other matters in connection therewith.

WHEREAS, School District No. 34 of Calcasieu Parish, Louisiana (the “District”) held an election on July 20, 2002 within said District, wherein the following propositions were proposed to and approved by the electorate of the District, to-wit:

BOND PROPOSITION NO. 1

SUMMARY: AUTHORITY FOR SCHOOL DISTRICT NO. 34 OF CALCASIEU PARISH, LOUISIANA, TO ISSUE NOT EXCEEDING $34,000,000 OF 20-YEAR PUBLIC SCHOOL IMPROVEMENT BONDS FOR ACQUIRING AND/OR IMPROVING SCHOOL BUILDINGS AND OTHER SCHOOL RELATED FACILITIES WITHIN THE DISTRICT, SAID BONDS TO BE PAYABLE FROM AD VALOREM TAXES.

Shall School District No. 34 of Calcasieu Parish, Louisiana (the “District”) incur debt and issue bonds in an amount not exceeding $34,000,000 for a period not to exceed twenty (20) years from the date thereof, with interest at a rate not exceeding Nine (9%) percent per annum, for the purpose of acquiring and/or improving lands for building sites and playgrounds, purchasing, erecting, enlarging and/or improving school buildings and other school related facilities within and for the District, and acquiring the necessary equipment and furnishings therefor, title to which shall be in the public, which said bonds shall be retired with, paid from and secured by ad valorem taxes on all taxable property within the limits of the District sufficient in rate and amount to pay said bonds in principal and interest?

BOND PROPOSITION NO. 2

SUMMARY: AUTHORITY FOR SCHOOL DISTRICT NO. 34 OF CALCASIEU PARISH, LOUISIANA, TO ISSUE NOT EXCEEDING $1,750,000 OF 20-YEAR PUBLIC SCHOOL IMPROVEMENT BONDS FOR RENOVATING AND IMPROVING THE FOOTBALL STADIUM AND RELATED ATHLETIC FACILITIES AT ALFRED M. BARBE HIGH SCHOOL WITHIN THE DISTRICT, SAID BONDS TO BE PAYABLE FROM AD VALOREM TAXES.

Shall School District No. 34 of Calcasieu Parish, Louisiana (the “District”) incur debt and issue bonds in an amount not exceeding $1,750,000 for a period not to exceed twenty (20) years from the date thereof, with interest at a rate not exceeding Nine (9%) percent per annum, said bonds authorized for the specific purpose of renovating and improving the football stadium and related athletic facilities at Alfred M. Barbe High School within the District, and acquiring the necessary equipment and furnishings therefor, title to which shall be in the public, which said bonds shall be retired with, paid from and secured by ad valorem taxes on all taxable property within the limits of the District sufficient in rate and amount to pay said bonds in principal and interest?

WHEREAS, the District has heretofore issued $10,000,000 of its General Obligation Public School Improvement Bonds, 2002 Series A, and $1,750,000 of its General Obligation Public School Improvement Bonds, 2002 Series B, dated November 1, 2002 on original issue, of which $9,785,000 is currently outstanding (the “Outstanding Bonds”) which Outstanding Bonds are payable from a pledge and dedication of that portion of the net avails or proceeds of ad valorem taxes levied on all properties subject to taxation within the District, all in accordance with Article VI, Section 33 and Article VII, Section 26(E) of the Constitution of the State of Louisiana, and those portions of Part II of Article VII of the Constitution of 1974 of the State of Louisiana not repealed by the 1977 Louisiana Legislature, and Subpart A of Part III of Chapter 4 of Sub-Title II of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and all other laws on the same subject matter; and

WHEREAS, the Calcasieu Parish School Board, State of Louisiana, governing authority of the District has found and determined that currently refunding the Outstanding Bonds, consisting of those bonds which mature on November 1, 2008 to November 1, 2022, inclusive (the “Refunded Bonds”), would be advantageous to the District;

WHEREAS, the Calcasieu Parish School Board has adopted a preliminary resolution on February 12, 2008, expressing its intention to issue general obligation refunding bonds of the District in an amount not to exceed $10,500,000 pursuant to the Act;

WHEREAS, the State Bond Commission, on March 20, 2008, adopted a resolution granting authority for issuance of the Bonds in the principal amount not exceeding $10,500,000;

WHEREAS, pursuant to Chapter 14-A of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other constitutional and statutory authority, it is now the desire of the District to adopt this Bond Resolution in order to provide for issuance by the District of not exceeding $10,000,000 principal amount of its General Obligation Refunding Bonds, 2008 Series (the “Bonds”), for the purpose of currently refunding the Refunded Bonds, to fix the details of the Bonds and to sell the Bonds to the purchasers thereof;

WHEREAS, in connection with refunding of the Refunded Bonds, the District has found and determined that it would be of substantial benefit to purchase a municipal bond insurance policy as more fully provided for herein, and to authorize acquisition thereof;

WHEREAS, it is further necessary to provide for application of the proceeds of the Bonds and to provide for other matters in connection with payment or redemption of the Refunded Bonds;

WHEREAS, in connection with issuance of the Bonds, it is necessary that provision be made for payment of the principal, interest and redemption premium, if any, of the Refunded Bonds described in Exhibit A hereto, and to provide for the call for redemption of the Refunded Bonds, pursuant to a Notice of Call for Redemption;

WHEREAS, the District desires to sell the Bonds to the purchasers thereof and to fix the details of the Bonds and the terms of the sale of the Bonds in accordance with the Bond Purchase Agreement attached hereto as Exhibit B;

NOW, THEREFORE, BE IT RESOLVED by the Calcasieu Parish School Board, State of Louisiana, acting as the governing authority of the District, that:

ARTICLE I

DEFINITIONS AND INTERPRETATION

SECTION 1.1. Definitions. The following terms shall have the following meanings in this resolution unless the context otherwise requires:

“Act” shall mean Chapter 14-A of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other applicable constitutional and statutory authority.

“Bond” or “Bonds” shall mean any or all of the General Obligation Refunding Bonds, 2008 Series of the District, issued pursuant to this Bond Resolution, as the same may be amended from time to time, whether initially delivered or issued in exchange for, upon transfer of, or in lieu of any previously issued Bond. The Bonds shall be secured by and payable from ad valorem taxes levied upon taxable properties within the District, and insured by a Municipal Bond Insurance Policy.

“Bondholder,” “Registered Owner,” or “Owner” shall mean the Person reflected as registered owner of any of the Bonds on the registration books maintained by the Paying Agent. Notwithstanding any provision of this Bond Resolution to the contrary, the Insurer shall, at all times, be deemed an owner of all the Bonds for the purposes of consenting to any resolution supplementing or amending this Bond Resolution, and shall be notified in advance of the adoption of any resolution supplemental or amendatory hereto whether or not the consent of the Owners is required.

“Bond Counsel” shall mean an attorney or firm of attorneys whose experience in matters relating to the issuance of obligations by states and their political subdivisions is nationally recognized.

“Bond Obligation” shall mean, as of the date of computation, the principal amount of the Bonds then Outstanding.

“Bond Resolution” shall mean the resolution authorizing issuance of the Bonds, as further amended and supplemented as herein provided.

SECTION 3.5. Execution. The Bonds shall be executed in the name and on behalf of the District by the manual or facsimile signatures of the President and Secretary of the Calcasieu Parish School Board, and the corporate seal of the Calcasieu Parish School Board (or a facsimile thereof) shall be thereunto affixed, imprinted, engraved or otherwise reproduced thereon. In case any one or more of the officers who shall have signed or sealed any of the Bonds shall cease to be such officer before the Bonds so signed and sealed shall have been actually delivered, such Bonds may, nevertheless, be delivered as herein provided, and may be issued as if the person who signed or sealed such Bonds had not ceased to hold such office. Said officers shall, by the execution of the Bonds, adopt as and for their own proper signatures their respective facsimile signatures appearing on the Bonds or any legal opinion certificate thereon, and the District may adopt and use for that purpose the facsimile signature of any person or persons who shall have been such officer at any time on or after the date of such Bond, notwithstanding that at the date of such Bond such person may not have held such office or that at the time when such Bond shall be delivered such person may have ceased to hold such office.

SECTION 3.6. Registration by Paying Agent and Secretary of State. (a) No Bond shall be valid or obligatory for any purpose or entitled to any security or benefit under this Bond Resolution unless and until a certificate of registration on such Bond substantially in the form set forth in Exhibit C hereto shall have been duly executed on behalf of the Paying Agent by a duly authorized signatory, and such executed certificate of the Paying Agent upon any such Bond shall be conclusive evidence that such Bond has been executed, registered and delivered under this Bond Resolution.

(b) The Bonds shall also be registered with the Secretary of State of Louisiana (which registration shall be by manual signature on the Bonds issued upon original issuance of the Bonds and by facsimile signature on Bonds exchanged therefor) and shall have endorsed thereon the following:

“OFFICE OF SECRETARY OF STATE

STATE OF LOUISIANA

BATON ROUGE, LOUISIANA

This Bond secured by a tax. Registered on the 1^st day of May, 2008.

_________________________________

Secretary of State”

SECTION 3.7. Regularity of Proceedings. The District, having investigated the regularity of the proceedings had in connection with issuance of the Bonds, and having determined the same to be regular, each of the Bonds shall contain the following recital, to-wit:

“It is certified that this Bond is authorized by and is issued in conformity with the requirements of the Constitution and statutes of the State of Louisiana.”

ARTICLE IV

PAYMENT OF BONDS; DISPOSITION OF FUNDS

SECTION 4.1. Deposit of Funds With Paying Agent. The District covenants that it will deposit or cause to be deposited with the Paying Agent from the moneys derived from collection of the Pledged Tax Revenues or other funds available for such purpose, at least one (1) Business Day in advance of the date on which payment of principal, premium, if any, and/or interest falls due on the Bonds, funds fully sufficient to pay promptly the principal, premium, if any, and interest so falling due on such date.

SECTION 4.2. District Obligated to Collect Tax. In compliance with the laws of the State, the District, through the Governing Authority, by proper resolutions and/or ordinances is obligated to cause the ad valorem taxes to continue to be assessed, levied and collected for the full period of their authorization or until all of the Bonds have been retired as to both principal and interest, or provision therefor has been made in accordance with the provisions of Section 11.1 hereof, and further the District shall not discontinue or terminate or permit to be discontinued or terminated the ad valorem taxes in anticipation of the collection of which the Bonds have been issued, nor in any way make any change which would adversely effect the amount of the Pledged Tax Revenues to be received by the District until all of the Bonds have been retired as to both principal and interest, or provision therefor has been made in accordance with the provisions of Section 11.1 hereto.

SECTION 4.3. Funds and Accounts. In order that principal of and interest on the Bonds will be paid in accordance with their terms and for the other objects and purposes hereinafter provided, the District further covenants as follows: All avails or proceeds of the ad valorem taxes constituting Pledged Tax Revenues shall be deposited as the same may be collected to the credit of the District, in a separate and special bank account established and maintained with the regularly designated fiscal agent of the Calcasieu Parish School Board and designated “School District No. 34 2008 General Obligation Refunding Bond Sinking Fund” (the “Sinking Fund”). Funds on deposit in the Sinking Fund shall constitute dedicated funds of the District, from which appropriations and expenditures by the District shall be made solely for the purposes of paying the principal of, interest on, and redemption premium, if any, of the Bonds. Said fiscal agent shall transfer from said Sinking Fund to the paying agent bank or banks for all Bonds payable from said fund, at least one (1) Business Day in advance of each Interest Payment Date, funds fully sufficient to pay promptly the principal and interest so falling due on such date.

All or any part of the moneys in the Sinking Fund shall, at the written request of the District, be invested in Qualified Investments, provided that Bond proceeds representing accrued interest, if any, shall be invested in Government Securities, maturing prior to the first interest payment date of the respective issues of bonds as herein provided. All income derived from such investments shall be added to the applicable Sinking Fund, and such investments shall, to the extent at any time necessary, be liquidated and the proceeds thereof applied to the purposes for which the Sinking Fund is herein created.

SECTION 4.4. Funds to Constitute Trust Funds. The Sinking Fund provided for in Section 4.3 hereof shall all be and constitute a trust fund for the purposes provided in this Bond Resolution, and the Owners of Bonds issued pursuant to this Bond Resolution are hereby granted a lien on all such funds until applied in the manner provided herein. The moneys in such fund shall at all times be secured to the full extent thereof by the bank or trust company holding such funds in the manner required by the laws of the State.

SECTION 4.5. Method of Valuation and Frequency of Valuation. In computing the amount in any fund provided for in Section 4.3, investments shall be valued at the lower of cost or market price, exclusive of accrued interest. With respect to the Sinking Fund valuation shall occur annually. If any investment in the Sinking Fund ceases to be a Qualified Investment, then such non-conforming investment shall be sold or liquidated (unless otherwise approved by the Insurer) and the proceeds thereof invested in Qualified Investments.

ARTICLE V

REDEMPTION OF BONDS

SECTION 5.1. Optional Redemption. Those Bonds maturing November 1, 2013 and thereafter, shall be callable for redemption at the option of the District prior to their stated maturities, in full at any time on or after November 1, 2012, or in part, in the inverse order of their maturities, and if less than a full maturity then by lot within such maturity, on any Interest Payment Date on or after November 1, 2012, at a redemption price of 100% of the principal amount of each Bond redeemed, together with accrued interest to the date fixed for redemption.

In the event a Bond to be redeemed is of a denomination larger than $5,000, a portion of such Bond ($5,000 or any multiple thereof) may be redeemed. Any Bond which is to be redeemed only in part shall be surrendered at the principal corporate trust office of the Paying Agent and there shall be delivered to the Owner of such Bond, a Bond or Bonds of the same maturity and of any authorized denomination or denominations as requested by such Owner in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Bond so surrendered.

SECTION 5.2. Notice to Paying Agent. In the case of any redemption of Bonds, the District shall give written notice to the Paying Agent and the Insurer of the election so to redeem and the redemption date, and of the principal amounts and numbers of the Bonds or portions of Bonds of each maturity to be redeemed. Such notice shall be given at least forty-five (45) days prior to the redemption date.

SECTION 5.3. Selection of Bonds to be Redeemed by Lot. In the event of redemption of less than all the outstanding Bonds of like maturity, such Bonds shall be redeemed by lot or in such other manner as shall be deemed fair and equitable by the Paying Agent for random selection.

SECTION 5.4. Notice of Redemption. Notice of any such redemption shall be given by the Paying Agent by mailing a copy of the redemption notice by first class mail postage prepaid, not less than thirty (30) days prior to the date fixed for redemption, to the Owner of each Bond to be redeemed in whole or in part at the address shown on the registration books maintained by the Paying Agent and to the Insurer. In no event shall any notice of redemption be given to the Owners, other than with respect to the Bonds that are the subject of a refunding unless the District shall have theretofore deposited moneys available therefore with the Paying Agent in an amount which, in addition to other amounts, if any, available therefor held by the Paying Agent, will be sufficient to redeem on the redemption date, at the redemption price thereof together with accrued interest to the redemption date, all of the Bonds to be redeemed. Failure to give such notice by mailing to any Owner or the Insurer, or any defect therein, shall not affect the validity of any proceedings for the redemption of other Bonds.

All notices of redemption shall state (i) the redemption date; (ii) the redemption price; (iii) if less than all the Bonds are to be redeemed, the identifying number (and in the case of partial redemption, the respective principal amounts) and CUSIP number of the Bonds to be redeemed; (iv) that on the redemption date the redemption price will become due and payable on each such Bond and interest thereon will cease to accrue thereon from and after said date; and (v) the place where such Bonds are to be surrendered for payment. Any notice mailed as provided in this Section shall be conclusively presumed to have been duly given, whether or not the Owner of such Bonds receives the notice. On or before any redemption date the Paying Agent shall segregate and hold in trust funds furnished by the District for payment of the Bonds or portions thereof called, together with accrued interest thereon and premium, if any, to the redemption date. Upon the giving of notice and deposit of funds for redemption, interest on such Bonds or portions thereof thus called shall no longer accrue after the date fixed for redemption. If said moneys shall not be so available on the redemption date, such Bonds shall continue to bear interest until paid at the same rate as they would have borne had they not been called for redemption. No payment shall be made by the Paying Agent upon any Bond or portion thereof called for redemption until such Bond or portion thereof shall have been delivered for payment or cancellation or the Paying Agent shall have received the items required by Section 3.2 with respect to any mutilated, lost, stolen or destroyed Bond. Upon surrender of any Bond for redemption in part only, the Paying Agent shall register and deliver to the Owner thereof a new Bond or Bonds of authorized denominations of maturity and interest rate in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

SECTION 5.6. Payment of Redeemed Bonds. Notice having been given in the manner provided in Section 5.5, the Bonds or portions thereof so called for redemption shall become due and payable on the redemption date so designated at the redemption price, plus interest accrued and unpaid to the redemption date, and, upon presentation and surrender thereof at the office specified in such notice, such Bonds or portions thereof shall be paid at the redemption price plus interest accrued and unpaid to the redemption date.

SECTION 5.7. Purchase of Bonds. The Paying Agent shall endeavor to apply any moneys furnished by the District for the redemption of Bonds (but not committed to the redemption of Bonds as to which notice of redemption has been given) to the purchase of appropriate outstanding Bonds. In accordance with Section 3.4, any Bonds so purchased shall be canceled. Subject to the above limitations, the Paying Agent, at the direction of the District, shall purchase Bonds at such times, for such prices, in such amounts and in such manner (whether after advertisement for tenders or otherwise) with monies made available by the District for such purpose, provided, however, that the Paying Agent shall not expend amounts for the purchase of Bonds of a particular maturity (excluding accrued interest, but including any brokerage or other charges) in excess of the amount that would otherwise be expended for the redemption of Bonds of such maturity, plus accrued interest, and, provided further, that the District may, in its discretion, direct the Paying Agent to advertise for tenders for the purchase of Bonds not less than sixty (60) days prior to any date for redemption of Bonds.

SECTION 11.4. Parties Interested Herein. Nothing in the Bond Resolution expressed or implied is intended or shall be construed to confer upon, or to give to, any person or corporation, other than the District, the Insurer, the Paying Agent and Owners of the Bonds any right, remedy or claim under or by reason of the Bond Resolution or any covenant, condition or stipulation thereof; and all the covenants, stipulations, promises and agreements in the Bond Resolution contained by and on behalf of the District shall be for the sole and exclusive benefit of the District, the Insurer, the Paying Agent and Owners of the Bonds.

SECTION 11.5. No Recourse on the Bonds. No recourse shall be had for payment of principal of or interest on the Bonds or for any claim based thereon or on this Bond Resolution against any member of the Governing Authority or officer of the District or any person executing the Bonds.

SECTION 11.6. Successors and Assigns. Whenever in this Bond Resolution the District are named or referred to, it shall be deemed to include their successors, and assigns and all the covenants and agreements in this Bond Resolution contained by or on behalf of the District shall bind and inure to the benefit of their successors, and assigns whether so expressed or not.

SECTION 11.7. Subrogation. In the event the Bonds herein authorized to be issued, or any of them, should ever be held invalid by any court of competent jurisdiction, the Owner or Owners thereof, or the Insurer, shall be subrogated to all the rights and remedies against the District had and possessed by the Owner or Owners of the Refunded Bonds.

SECTION 11.8. Severability. In case any one or more of the provisions of the Bond Resolution or of the Bonds issued hereunder shall for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other provision of the Bond Resolution or of the Bonds, but the Bond Resolution and the Bonds shall be construed and enforced as if such illegal or invalid provisions had not been contained therein. Any constitutional or statutory provision enacted after the date of the Bond Resolution which validates or makes legal any provision of the Bond Resolution or the Bonds which would not otherwise be valid or legal shall be deemed to apply to this Bond Resolution and to the Bonds.

SECTION 11.9. Publication of Bond Resolution; Peremption. This Bond Resolution shall be published one time in the official journal of the Governing Authority; however, it shall not be necessary to publish any exhibits hereto if the same are available for public inspection and such fact is stated in the publication. For thirty days after the date of publication, any person in interest may contest the legality of this Bond Resolution, any provision of the Bonds, the provisions therein made for the security and payment of the Bonds and the validity of all other provisions and proceedings relating to the authorization and issuance of the Bonds. After the said thirty days, no person may contest the regularity, formality, legality or effectiveness of this Bond Resolution, any provisions of the Bonds to be issued pursuant hereto, the provisions for the security and payment of the Bonds and the validity of all other provisions and proceedings relating to their authorization and issuance, for any cause whatever. Thereafter, it shall be conclusively presumed that the Bonds are legal and that every legal requirement for the issuance of the Bonds has been complied with. No court shall have authority to inquire into any of these matters after the said thirty days.

SECTION 11.10. Execution of Documents. In connection with issuance and sale of the Bonds, the Executive Officers are each authorized, empowered and directed to execute on behalf of the District such documents, certificates and instruments as they may deem necessary, upon the advice of Bond Counsel, to effect the transactions contemplated by this Bond Resolution, the signatures of the Executive Officers on such documents, certificates and instruments to be conclusive evidence of the due exercise of the authority granted hereunder.

SECTION 11.11. Recordation. A certified copy of this Bond Resolution shall be filed and recorded as soon as possible in the Mortgage Records of the Parish of Calcasieu, State of Louisiana.

SECTION 12.1. Sale of Bonds. The Bonds are hereby awarded to and sold to the Underwriters at a price of $________________, plus accrued interest, plus $___________ of Original Issue Premium, less $____________ Underwriters’s Discount, and under the terms and conditions set forth in the Bond Purchase Agreement attached hereto as Exhibit D, and after their execution, registration by the Secretary of State and authentication by the Paying Agent, the Bonds shall be delivered to the Underwriters or their agents or assigns, upon receipt by the District of the agreed purchase price. The Bond Purchase Agreement attached hereto as Exhibit D is hereby approved and accepted and the Executive Officers are hereby authorized, empowered and directed to accept same on behalf of the District and deliver or cause to be executed and delivered all documents required to be executed on behalf of the District or deemed by them necessary or advisable to implement the Bond Resolution or to facilitate the sale of the Bonds.

SECTION 12.2. Official Statement. The District hereby approves the form and content of the Preliminary Official Statement pertaining to the Bonds, as submitted to the District, and hereby ratifies its prior use in connection with offering and sale of the Bonds. The District further approves the form and content of the final Official Statement and hereby authorizes and directs execution thereof by the Executive Officers and delivery of such final Official Statement to the Underwriter for use in connection with the public offering of the Bonds.

SECTION 12.3. Executive Officers Determine Bond Terms. The Executive Officers are hereby designated as representatives of the District and are authorized to accept and execute on behalf of the District an offer of the Underwriters for purchase of the Bonds as expressly set forth in the Bond Purchase Agreement, provided (i) a policy of municipal bond insurance is obtained for the Bonds, and (ii) the offer of purchase by the Underwriters is received by the Executive Officers by not later than April ____, 2008, and such offer sets an average interest rate of less than 4.00% per annum, and a sales price of the Bonds at not less than 98% of the par value thereof (exclusive of bond insurance premium), plus accrued interest to the date of delivery of the Bonds. The Executive Officers may, in their discretion, establish on behalf of the District the par value of the Bonds, the interest rates payable thereon as well as the annual principal maturities thereof.

The Executive Officers be and they are hereby authorized and directed to take all actions in conformity with the Act, if necessary, or reasonably required to effectuate the issuance, sale and delivery of the Bonds and shall take all action necessary or desirable in conformity with the Act for carrying out, giving effect to and consummating the transactions contemplated by the Bonds, this Bond Resolution, the Bond Purchase Agreement, the Preliminary Official Statement and the Final Official Statement, including without limitation, the execution and delivery of any closing documents in connection with the issuance, sale and delivery of the Bonds. The Executive officers are specifically authorized to approve such changes to said documents as are necessary and appropriate and not contrary to the general tenor thereof, such approval to be conclusively evidenced by such execution thereof.

SECTION 13.1. Call for Redemption. Subject only to delivery of the Bonds, the Refunded Bonds are hereby irrevocably called for redemption on May 9, 2008, at a redemption price of 100% of the principal amount of each bond so redeemed, and accrued interest to the date of redemption, in compliance with the resolution authorizing their issuance.

SECTION 13.2. Notice of Redemption. In accordance with the resolution authorizing issuance of the Refunded Bonds, notice of redemption in substantially the form attached hereto as Exhibit E, shall be given by means of first class mail (postage prepaid) not less than thirty (30) days prior to the date fixed for redemption, addressed to the registered owner of each bond to be redeemed at his address as shown on the registration books of the paying agent for the Refunded Bonds.

SECTION 14.1. Notices and Information to Insurer. The District agrees to provide the Insurer with the following information:

(i) Within 120 days after the end of each Fiscal Year of the District, the District’s budget for the new year, annual audited financial statements (as soon as available if not within 120 days), and, if not presented in the audited financial statements, a statement of the Pledged Tax Revenues pledged to payment of the Bonds in such Fiscal Year;

(ii) Official Statement or other disclosure, if any, prepared in connection with issuance of additional debt, whether or not it is on parity with the Bonds within 30 days after the sale thereof; and

(iii) Such additional information as the Insurer may reasonably request from time to time.

The District further agrees to notify the Insurer of any failure of the District to provide relevant notices, certificates and other information required of the District pursuant to this Bond Resolution.

The District will permit the Insurer to discuss the affairs, finances and accounts of the District or any information the Insurer may reasonably request regarding the security for the Bonds with appropriate officers of the District, and to have access and to make copies of all books and records relating to the Bonds at any reasonable time.

In the event the District fails to comply with the requirements set forth in (i) through (iv) above, the Insurer shall have the right to direct an accounting at the District’s expense, and the District’s failure to comply with such direction within thirty (30) days after receipt of written notice of the direction from the Insurer shall be deemed a default hereunder; provided, however, that if compliance cannot occur within such period, then such period will be extended so long as compliance is begun within such period and diligently pursued, but only if such extension would not materially adversely affect the interests of any Owner of the Bonds.

Notwithstanding any other provision of this Bond Resolution, the District shall immediately notify the Insurer if at any time there are insufficient moneys to make any payments of principal and/or interest as required and immediately upon the occurrence of any event of default hereunder.

SECTION 14.2. Payment Procedure Under Municipal Bond New Issue Insurance Policy. For so long as the Municipal Bond New Issue Insurance Policy shall be in full force and effect, the District and the Paying Agent agree to comply with the following provisions:

(a) At least one (1) day prior to all Interest Payment Dates the Paying Agent will determine whether there will be sufficient funds in the Sinking Funds to pay the principal of or interest on the Bonds on such Interest Payment Date. If the Paying Agent determines that there will be insufficient funds in such Sinking Funds, the Paying Agent shall so notify the Insurer. Such notice shall specify the amount of the anticipated deficiency, the Bonds to which such deficiency is applicable and whether such Bonds will be deficient as to principal or interest, or both. If the Paying Agent has not so notified the Insurer at least one (1) day prior to an Interest Payment Date, the Insurer will make payments of principal or interest due on the Bonds on or before the first (1^st) day next following the date on which the Insurer shall have received notice of nonpayment from the Paying Agent.

(b) The Paying Agent shall after giving notice to the Insurer as provided in (a) above, make available to the Insurer any, at the Insurer’s direction, to the insurance trustee for the Insurer or any successor insurance trustee (the “Insurance Trustee”), the registration books of the District maintained by the Paying Agent and all records relating to the Sinking Fund maintained under this Bond Resolution.

(c) The Paying Agent shall provide the Insurer and the Insurance Trustee with a list of registered Owners of the Bonds entitled to receive principal or interest payments from the Insurer under the terms of the Municipal Bond Insurance Policy, and shall make arrangements with the Insurance Trustee (i) to mail checks or drafts to the registered Owners of Bonds entitled to receive full or partial interest payments from the Insurer and (ii) to pay principal upon Bonds surrendered to the Insurance Trustee by the registered Owners of Bonds entitled to receive full or partial principal payments from the Insurer.

(d) The Paying Agent shall at the time it provides notice to the Insurer pursuant to (a) above, notify registered Owners of Bonds entitled to receive payment of principal or interest thereon from the Insurer (i) as to the fact of such entitlement, (ii) that the Insurer will remit to them all or part of the interest payments next coming due upon proof of Bondholder entitlement to interest payments and delivery to the Insurance Trustee, in form satisfactory to the Insurance Trustee, of an appropriate assignment of the registered Owner’s right to payment, (iii) that should they be entitled to receive full payment of principal from the Insurer, they must surrender their Bonds (along with an appropriate instrument of assignment in form satisfactory to the Insurance Trustee to permit ownership of such Bonds to be registered in the name of the Insurer) for payment to the Insurance Trustee, and not the Paying Agent, and (iv) that should they be entitled to receive partial payment of principal from the Insurer, they must surrender their Bonds for payment thereon first to the Paying Agent who shall note on such Bonds the portion of the principal paid by the Paying Agent, and then, along with an appropriate instrument of assignment in form satisfactory to the Insurance Trustee, to the Insurance Trustee, which will then pay the unpaid portion of principal.

(e) In the event that the Paying Agent has notice that any payment of principal of or interest on a Bond which has become due for payment and which is made to a Bondholder by or on behalf of the District has been deemed a preferential transfer and theretofore recovered from its registered Owner pursuant to the United States Bankruptcy Code by a trustee in bankruptcy in accordance with the final, nonappealable order of a court having competent jurisdiction, the Paying Agent shall at the time the Insurer is notified pursuant to (a) above, notify all registered Owners that in the event any registered Owner's payment is so recovered, such registered owner will be entitled to payment from the Insurer to the extent of such recovery if sufficient funds are not otherwise available, and the Paying Agent shall furnish to the Insurer its records evidencing the payments of principal of and interest on the Bonds which have been made by the Paying Agent and subsequently recovered from registered Owners and the dates on which such payments were made.

(f) In addition to those rights granted the Insurer under this Bond Resolution, the Insurer shall, to the extent it makes payment of principal of or interest on Bonds, become subrogated to the rights of the recipients of such payments in accordance with the terms of the Municipal Bond Insurance Policy, and to evidence such subrogation (i) in the case of subrogation as to claims for past due interest, the Paying Agent shall note The Insurer's rights as subrogee on the registration books of the District maintained by the Paying Agent, upon receipt from the Insurer of proof of the payment of interest thereon to the registered Owners of the Bonds, and (ii) in the case of subrogation as to claims for past due principal, the Paying Agent shall note the Insurer's rights as subrogee on the registration books of the District maintained by the Paying Agent upon surrender of the Bonds by the registered Owners thereof together with proof of the payment of principal thereof.

SECTION 14.3. Insurer As Third Party Beneficiary. To the extent that this Bond Resolution confers upon, gives or grants to the Insurer any right, remedy or claim under or by reason of this Bond Resolution, the Insurer is hereby explicitly recognized as being a third-party beneficiary hereunder and may enforce any such right remedy or claim conferred, given or granted hereunder.

SECTION 14.4. Notices to Insurer. Any notices required by this Bond Resolution to be sent to the Insurer shall be addressed as follows:

SECTION 15.1. Continuing Disclosure. The Chief Financial Officer of the District is hereby empowered and directed to execute an appropriate Continuing Disclosure Certificate (substantially in the form set forth in Appendix H of the official statement issued in connection with the issuance and sale of the Bonds) pursuant to S.E.C. Rule 15c2-12(b)(5).

(Other business not pertinent to the present excerpt may be found of record in the official minute book.)

I, WAYNE R. SAVOY, certify that I am the duly qualified and acting Superintendent of Public Schools for the Parish of Calcasieu, Louisiana, and as such, Ex-Officio Secretary of the Calcasieu Parish School Board, governing authority of School District No. 34 of Calcasieu Parish,

I further certify that the foregoing is a true and correct copy of an excerpt from the minutes of a public meeting of the Calcasieu Parish School Board, held on April 8, 2008, and of a resolution adopted at said meeting, as said minutes and resolution appear officially of record in my possession.

IN FAITH WHEREOF, witness my official signature and the impress of the official seal of School District No. 34 of Calcasieu Parish, Louisiana, on this, the 8^th day of April, 2008.

On a motion to approve by Mr. Jongbloed and seconded by Mr. Bernard, the motion carried.

Members of the audience who submitted blue cards to speak for the “Just for Jesus” rally to be allowed as an official school field trip were:

Mr. James Bertrand, representing “Just for Jesus”, addressed the Board, requesting that they allow the students to attend the “Just for Jesus” rally as an approved school trip. Mr. Bertrand presented visual information, regarding a 9^th Circuit Court of Appeals case and the Equal Access Act. He said that his request was, “allow the teachers, if they can make it an extension of classroom studies, allow them the same right to attend.”

Mr. LaRocque made a motion that organized clubs that request permission to attend this event be allowed the same treatment that we have always allowed for other organized field trips. Mr. Webb seconded the motion.

Mr. Andrepont, on a Point of Order, said that the agenda would have to be amended to take action. Mr. LaRocque made a motion to amend the agenda, with a second by Mr. Dellafosse. On a vote:

For: Mr. Dellafosse, Mr. Karr, Mr. LaRocque, Mr. Victorian, Mrs. Duhon, Mr. Webb

Against: Mr. Breaux, Mr. Andrepont, Mr. Burleigh, Mr. Guidry, Mr. Hardy, Mr. Jongbloed, Mr. Bernard

President Pitre did not vote. There was not a 2/3 vote for the motion, so the motion failed.

Mr. Pitre said that this topic will be discussed during the A&P Committee report.

Mr. James Spruel, Legal Counsel, introduced Dr. James Bailey and Dr. Richard Doggett to the Board regarding the PBIS program. PBIS is Positive Behavior Intervention Support.

They have been hired by the Calcasieu Parish School System to help with handling students with IEP’s, as part of the Negotiated Settlement Agreement, to make Calcasieu better able to address a lot of the problems in reference to special education.

Don Caldwell, representing Calcasieu Parish and the PBIS program, spoke to the Board regarding the PBIS program. He said that R.W. Vincent Elementary, Moss Bluff Middle School, and Sulphur Ninth Grade School will be audited by the state for possible designation as model schools. He said that PBIS is about best practices that you will see when visiting a teacher’s classroom.

Mr. Breaux expressed concerns regarding how much more paperwork this program will require from the teachers and that special education students should have the same rules apply to them as apply to all other students.

Mr. Victorian asked why some schools are chosen as a site for students with special problems and students cross boundary lines to attend those schools and it affects test scores. He said it causes problems for these schools and he thinks students should not be moved from their area and classes should be opened at their schools.

Mr. Spruel replied that clustering is legal and it is done so that programs and resources are not duplicated.

Mrs. Duhon said that PBIS is more needed at predominantly African American schools, due to the disproportionality of how many of these students are in special education programs.

Mr. Caldwell said that Washington-Marion High School and Combre-Fondel will be visited by the state department in May. He said implementation is a three year process and that PBIS is established at twenty four schools and six are being visited, at random.

Mr. LaRocque said that discipline was taken out of our schools and he feels that PBIS is a blanket approach to deal with 15% of our students, while the rest of the students are paying the penalties for the teachers having more responsibilities towards the 15%.

Mr. Jongbloed said that he had heard that special education students have a legal right to a free and appropriate education, but regular education students have no rights.

Mr. Hardy said that if this program will raise our graduation rate, then he is agreeable to it.

Mr. Webb asked when all schools will be participating in PBIS and Mr. Caldwell said that all schools should be incorporated into the program by January of 2009.

Mr. Dellafosse asked about the overlapping of this program and Dr. Patton’s program on Disproportionality.

Mrs. Bankens, Administrative Director of Assessment, Research and Special Services, replied that there will be some overlapping, and the PBIS program with Drs. Doggett and Bailey will work with Dr. Patton’s program.

On a motion by Mr. Dellafosse and seconded by Mr. LaRocque, the Board voted to adjourn into Executive Session at 6:43 p.m. Regular Session resumed at 7:06 p.m.

Mr. Savoy asked for a motion supporting the recommendation of the Personnel Packet. On a motion by Mr. Andrepont and seconded by Mr. Victorian, the motion carried.

On a motion by Mr. Breaux and seconded by Mr. Andrepont, the motion carried to accept the settlement of the Worker Compensation claim number 381 WCM05.

Mr. Savoy requested a motion supporting the recommendation of Mr. Zack Jones as Assistant Principal of DeQuincy High School. On a motion by Mr. Karr and seconded by Mr. Burleigh, the motion carried.

Mr. Savoy requested a motion for permission to advertise for the position of Principal at R.W. Vincent Elementary School. On a motion by Mr. Andrepont and seconded by Mr. Breaux, the motion carried.

Mr. Savoy requested a motion for permission to advertise for the position of Assistant Principal at Frasch Elementary School. On a motion by Mr. Andrepont and seconded by Mr. Breaux, the motion carried.

Mr. Savoy requested a motion for permission to advertise for the position of Middle School Girls’ Basketball Coach at Bell City High School. On a motion by Mr. Webb, and seconded by Mr. Bernard, the motion carried.

Mr. Savoy requested a motion for permission to advertise for the position of Head Football Coach at LaGrange High School. On a motion by Mr. Victorian and seconded by Mr. Bernard, the motion carried.