BOARD OF TRUSTEES   -      CALLED SPECIAL MEETING

                                                LEXINGTON I.S.D.
                                                CENTRAL OFFICE CONFERENCE ROOM

                                                TUESDAY, AUGUST 26, 2003

                                                7:30 P.M.

AGENDA:

            .           CALL TO ORDER

            .           QUORUM DECLARED

.           DISCUSSION/POSSIBLE ACTION – ADOPT THE 2003-2004 BUDGET

.           DISCUSSION/POSSIBLE ACTION – SET THE 2003-2004 TAX RATE

.           DISCUSSION/POSSIBLE ACTION – APPROVE THE 2003-2004 CAMPUS PLANS ON SECOND READING

.           DISCUSSION/POSSIBLE ACTION – APPROVE BUDGET AMENDMENTS FOR 2002-2003

.           DISCUSSION/POSSIBLE ACTION – RESCIND ACTION OF SALE OF REAL PROPERTY ON JULY 20, 1998

.           LEGAL, REAL ESTATE, AND/OR PERSONNEL (Discussion in Closed Session, Action in Open Session, as per Texas Government Code Chapter 551, Section 071, 072, 073, 074, 075, 076, 082, 083, 084)

            .           Real Estate

                        .           Accept/reject bid on Lot Two (2), Block Fifty-five (55),

                                    New Town of Lexington , Lee County, Texas, according to

plat Recorded in Slide 8A and B, Plat Records, Lee County, Texas, commonly known as Morrison Property.

.           DISCUSSION/POSSIBLE ACTION – BUSINESS AS A RESULT OF CLOSED SESSION

Posted  8-22-03

            3:30 P.M.