BOARD OF DIRECTORS
NORTH LINN COMMUNITY SCHOOL DISTRICT
Regular Meeting 7:00 pm
North Linn District Office
3033 Lynx Drive
Troy Mills, Iowa
December 16, 2020
- Call to Order
Vice President, Jeff Boss, called the meeting to order at 7:03 PM.
- Call the Roll
Present were Directors Hoover and Haughenbury and Director Helms via Zoom, Superintendent Hoeger, Principal Beaty, Elementary Principal/Director of School Improvement Graven and Secretary Peyton. Directors J Benesh, R Benesch and Ries were absent.
- Approve Meeting Agenda
It was moved by Hoover, seconded by Haughenbury to approve the agenda as presented. Motion carried 4-0.
- Approve Consent Items
It was moved by Hoover, seconded by Haughenbury to approve the following consent items: Minutes of the November board meeting, bills as presented and financial statements. Motion carried 4-0.
- Receive Visitors / Public Forum
There were no visitors
- Receive Principal and Coordinator Reports
Principal Beaty gave an update on the new banners being installed in front of the building and provided information on our current COVID cases.
Elementary Principal/Director of School Improvement Graven provided information from the recent Leadership meetings and plans for upcoming curriculum training.
Superintendent Hoeger gave an update on the Activities restrictions and will provide more information after Tri-Rivers Conference meetings this week.
- Receive Personnel Recommendations
There were no personnel recommendations.
- Receive Open Enrollment Requests
There were no open enrollment requests
- Receive the School Board Policy Revisions for the 300 Series
It was moved by Hoover, seconded by Haughenbury to waive the second reading of the 300 Series Policies and approve these policies with this reading. Motion carried 4-0.
- Receive Engagement Letter with Piper Sandler (Placement Agent)
It was moved by Helms, seconded by Haughenbury to approve the engagement letter with Piper Sandler
- Receive Engagement Letter with Ahlers & Cooney (Bond Counsel)
It was moved by Haughenbury, seconded by Hoover to approve the engagement letter with Ahlers & Cooney. Motion carried 4-0.
- Resolution Fixing Date for a Hearing on the Proposed Issuance of Approximately $3,700,000 School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds
It was moved by Helms to adopt the following Resolution fixing the date for a public hearing on the proposed issuance of approximately $3,700,000 school infrastructure sales, services and use tax revenue Refunding Bonds. Director Hoover seconded the motion. Roll Call Vote; Ayes: Hoover, Helms, Haughenbury, Boss; Nays: None. Vice President Boss declared the resolution adopted as follows:
WHEREAS, the School District receives revenue from the State of Iowa Secure an Advanced Vision for Education Fund ("SAVE Revenue") pursuant to Iowa Code Section 423F.2; and
WHEREAS, pursuant to Iowa Code Chapter 423F and an election duly held in accordance therewith on September 8, 2009 approving a revenue purpose statement (the "Revenue Purpose Statement"), the Board of Directors is currently entitled to spend SAVE Revenue for school infrastructure purposes; and
WHEREAS, the Board of Directors is in need of funds for the following school infrastructure project: to currently refund the outstanding School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, Series 2015, dated August 20, 2015, including costs of issuance and a debt service reserve fund if required by the purchaser; and
WHEREAS, the Board of Directors has deemed it necessary and advisable that the District issue School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, which may be issued in one or more series over multiple fiscal years pursuant to Iowa Code Section 423F.2 and 423E.5, in the approximate amount of $3,700,000 for the purpose of providing funds to currently refund the outstanding School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, Series 2015, dated August 20, 2015, including costs of issuance and a debt service reserve fund if required by the purchaser. Any bond proceeds remaining after completion of this project will be used for other school infrastructure projects as authorized by the School District's Revenue Purpose Statement; and
WHEREAS, before said Bonds may be issued, it is necessary to comply with the provisions of Iowa Code Section 423F.4, and to publish a notice of the time and place of the public hearing on the proposal to issue such Bonds; and
WHEREAS, notice of the time and place of a public hearing must be published not less than ten nor more than twenty days before the public hearing in a newspaper having general circulation in the District:
NOW, THEREFORE, it is resolved:
1. A public hearing will be held in the District Office, 3033 Lynx Drive, Troy Mills, Iowa, on January 20, 2021, at 7:00 P.M., on the proposal to issue approximately $3,700,000 School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, which may be issued in one or more series over multiple fiscal years pursuant to Iowa Code Section 423F.2 and 423E.5, for the purpose of providing funds to currently refund the outstanding School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, Series 2015, dated August 20, 2015, including costs of issuance and a debt service reserve fund if required by the purchaser. Any bond proceeds remaining after completion of this project will be used for other school infrastructure projects as authorized by the School District's Revenue Purpose Statement.
2. The Secretary is authorized and directed to publish notice of this public hearing in a newspaper having general circulation in the School District. Such publication will be made not less than ten nor more than twenty days ahead of the hearing date, and be in substantially the following form:
NOTICE OF PUBLIC HEARING ON THE PROPOSED ISSUANCE OF APPROXIMATELY $3,700,000 SCHOOL INFRASTRUCTURE SALES, SERVICES AND USE TAX REVENUE REFUNDING BONDS
Notice is hereby given that the Board of Directors of the North-Linn Community School District, in the Counties of Benton, Buchanan, Delaware and Linn, State of Iowa, will hold a public hearing upon its proposed issuance of approximately $3,700,000 School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, which may be issued in one or more series over multiple fiscal years, pursuant to Iowa Code Section 423F.2 and 423E.5, for the purpose of providing funds to currently refund the outstanding School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds, Series 2015, dated August 20, 2015, including costs of issuance and a debt service reserve fund if required by the purchaser. Any bond proceeds remaining after completion of this project will be used for other school infrastructure projects as authorized by the School District's Revenue Purpose Statement.
The hearing will be held in the District Office, 3033 Lynx Drive, Troy Mills, Iowa, on January 20, 2021, at 7:00 P.M.
PASSED AND APPROVED this 16th day of December, 2020.
- Receive the At-Risk - Dropout Prevention Application
It was moved by Helms, seconded by Hoover to approve the SBRC Modified Allowable Growth for Dropout Prevention for 2021-2022 in the amount of $95,321.00. Motion carried 4-0.
- Consider Information and Discussion Items
- Early Graduation Requests – early graduation requests were reviewed.
- Heating units project update – Superintendent gave an update on the process for evaluating the heating units
- North Linn Needs Assessment Survey – Superintendent Hoeger presented the results of the Needs Assessment Survey and highlighted a few areas he will investigate further.
- Delaware County Conference Board – Ryan Benesch was appointed to the Delaware County Conference Board
- Adjourn
The time being 7:51 PM it was moved by Hoover, seconded by Haughenbury to adjourn the meeting. Motion carried 4-0.
__________________________ __________________________
Kerry Peyton, Board Secretary Jeff Boss, Vice President
