BOARD OF DIRECTORS

NORTH LINN COMMUNITY SCHOOL DISTRICT

Regular Meeting 7:00 pm

North Linn District Office

3033 Lynx Drive

Troy Mills, Iowa

January 20, 2021

1. Call to Order

            President TJ Ries called the regular meeting to order at 7:00PM

2. Call the Roll

            Present were Directors, Hoover, R Benesch, Haughenbury & Boss, Superintendent Hoeger, Principal Beaty,      Elementary Principal/Director of School Improvement Graven and Secretary Peyton. Director J Benesh was present via Zoom. Director Helms was absent.

3. Approve Meeting Agenda

            It was moved by Boss, seconded by Haughenbury to approve the agenda as amended adding 14.b Set meeting date and time for Bond proposal review. Motion carried 6-0.

4. Hold Hearing on the Proposed Issuance of Approximately $3,700,000 School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds

            At 7:01PM President Ries announced that this is the time place and date to hold a hearing on the Proposed Issuance of Approximately $3,700,000 School Infrastructure Sales, Services and Use Tax Revenue Refunding Bonds. There was no one present from the public. At 7:05PM President TJ Ries declared the hearing closed. Director Haughenbury introduced the following Resolution and moved its adoption. Director Boss seconded the motion to adopt. The roll was called and the vote was: Ayes: Hoover, R Benesch, Haughenbury, Boss, J Benesh, Ries; Nays: none. President TJ Ries declared the Resolution adopted as follows:

RESOLUTION SUPPORTING THE PROPOSED ISSUANCE OF APPROXIMATELY $3,700,000 SCHOOL INFRASTRUCTURE SALES, SERVICES AND USE TAX REVENUE REFUNDING bondS

WHEREAS, the School District receives revenue from the State of Iowa Secure and 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 require 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, the Board of Directors has complied with the provisions of Iowa Code Section 423F.4 by providing notice and holding a public hearing on the proposal to issue such Bonds:

NOW, THEREFORE, it is resolved:

1. The Board of Directors supports 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. Eligible electors of the school district have the right to file with the Board Secretary a petition pursuant to Iowa Code Section 423F.4(2)(b), on or before close of business on February 3, 2021, for an election on the proposed bond issuance.  The petition must be signed by eligible electors equal in number to not less than one hundred or thirty percent of those voting at the last preceding election of school officials under Iowa Code Section 277.1, whichever is greater.

3. In the event a petition containing the required number of valid signatures is filed with the Secretary of the Board on or before close of business on February 3, 2021, the President shall call a meeting of the Board to consider withdrawing the proposed Bond issuance, or directing that the question of the proposed Bond issuance be submitted to the qualified electors of the School District.

If the Board determines to submit the question to the electors, the proposition to be submitted shall be as follows:

Shall the Board of Directors of the North-Linn Community School District in the Counties of Benton, Buchanan, Delaware and Linn, State of Iowa, be authorized 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, 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; with any bond proceeds remaining after completion of this project used for other school infrastructure projects as authorized by the School District's Revenue Purpose Statement?

PASSED AND APPROVED this 20th day of January, 2021.

 

5. Approve Consent Items

            It was moved by R Benesch, seconded by Boss to approve the following consent items: Minutes of the December board meeting, bills as presented and financial statements. Motion carried 6-0.

6. Receive Visitors / Public Forum

            There were no visitors.

7. Receive Principal and Coordinator Reports

            Elementary Principal/Director of School Improvement Graven gave an update on the plans for teacher leadership meetings at the end of January and the new Chapter 103 training that will need to be completed by staff.

            Principal Beaty gave an update on Covid absences and feedback on how well the new Spanish teacher is doing so far this semester.

8. Receive Personnel Recommendations

            It was moved by Boss, seconded by R Benesch to approve the contract for Hannah Bridgewater, Middle School Softball Coach. Motion carried 6-0.

9. Receive Open Enrollment Requests

            It was moved by Haughenbury, seconded by R Benesch to approve 2 Open Enrollment requests out of the district. Motion carried 6-0.

10. Receive School Board Policies 503.6 Series Updates

            It was moved by Boss, seconded by R Benesch to waive the 2^nd reading and approve the updated Board Policy 503.6 Series. Motion carried 6-0.

11. Receive Scholarship Fund transfers from CD’s

            It was moved by Boss, seconded by Hoover to transfer $200 from the Betenbender Scholarship CD to the Activity Checking Account and $300 from the McKinley Scholarship CD to the Activity Checking account for scholarship payments made in January 2021 and transfer $13,600 from the Activity Checking account to the Carl Arnold Scholarship CD. Motion carried 6-0.

12. Receive Quarantine Guidelines

            It was moved by R Benesch, seconded by Haughenbury to have the North Linn Community School District follow the Iowa Department of Public Health Guidelines regarding COVID-19 Quarantine practice instead of following Linn County Public Health. Motion carried 6-0.         

13. Extension to the Emergency Leave Board Policies

            It was moved by Hoover, seconded by Haughenbury to waive the 2^nd reading of the 409.2 E1 and 409.2 E2 policies and approve the policies at this meeting. Motion carried 6-0.

14. Consider Information and Discussion Items

    1. Linn County Conference Board - Connie Helms was appointed to serve as the representative for the Linn County Conference Board

    2. Set Meeting date and time for Bond proposal review – meeting will be held 3/30/21 at 2:30 PM.

15. Adjourn

            The time being 7:44 PM it was moved by Boss, seconded by Hoover to adjourn the meeting.

 

__________________________                                ____________________________

Kerry Peyton, Board Secretary                                   TJ Ries, Board President