Minutes - June 12, 2023

ALGONA COMMUNITY SCHOOL DISTRICT

June 12 2023

 

The Board of Directors of the Algona Community School District, in the County of Kossuth, State of Iowa, met in regular session in the Boardroom, Performing Arts Center, 600 S. Hale Street, Algona, Iowa on the above date. 

 

Present:               Davis, Louwagie, Bartelt, Nugent, Vinci 

Absent:                Owen, Limbaugh

Others Present:  Superintendent Carter, Board Secretary Chapman, Lany Mitchell, Radio Mike Vandy

 

PLEDGE OF ALLEGIANCE

All motions are unanimously approved unless noted.

 

Approve Agenda:  Vinci moved to approve the agenda as presented. Seconded by Louwgie. Motion carried.

 

Consent Items:  Vinci moved to approve the consent items and Nugent seconded. Motion carried.

 

Superintendent Report: Superintendent Carter reviewed ISASP data and gave a financial review. Carter also asked the board to look at dates for the board retreat in August.

 

NEW BUSINESS

700 Series Board Policies Second Reading:  Nugent moved to approve the 700 Series policies. Changes were made to policy 701.2 Transfer of Funds and 708 Care and Maintenance and Disposal of School Records. Both policy changes were made in accordance with legislation. Bartelt seconded. Motion carried.

 

800 Series Board Policies First Reading: A first reading of the 800 Series Buildings and Sites was read. 

 

Resolution to Transfer Funds for Safety Equipment: 

RESOLUTION TRANSFERRING FUNDS FOR SAFETY EQUIPMENT

June 12, 2023

RESOLVED, that the Board of Education of the Algona Community School District in Kossuth County, Iowa approved the transfer of $13,459.66 from the general fund to the student activity fund for protective and safety equipment expenses in the 2022-2023 school year. 

Motion By: Louwagie

Second By: Vinci

Ayes: Davis, Louwagie, Bartelt, Nugent, Vinci

Nays: None

Absent: Owen, Limbaugh

Motion carried. 

 

Approve Addition to Bank Depositories (for Reorganization Purpose) _

Bank Depository Resolution-Updated June 12, 2023

(Includes funds acquired from reorganization)

 

RESOLVED, that the Board of Education of the Algona Community School District in Kossuth County, Iowa updated the approved list of financial institutions and the maximum balances for the Algona Community School District funds in conformance with all applicable provisions of Iowa Code Chapter 12C. The Treasurer is hereby authorized to deposit the Algona Community School District funds in amounts not to exceed the maximum approved for each financial institution as set out below:

DEPOSITORY NAME                                LOCATION                               MAXIMUM BALANCE

Iowa State Bank                                         Algona, Iowa                            $10,500,000

Farmers State Bank                                   Algona, Iowa                            $8,000,000

Northwest Bank       Algona, Iowa         $9,000,000

Security State Bank       Lu Verne, Iowa         $3,400,000

UMB                                                       Des Moines, Iowa         $20,000,000

Motion by: Nugent

Seconded by: Louwagie

Ayes: Davis, Louwagie, Bartelt, Nugent, Vinci

Nays: None

Absent: Owen, Limbaugh

Motion carried.

 

Louwagie moved to enter into Closed Session at 7:15pm to 21.5(i) To evaluate the professional competency of an individual whose appointment,hiring, performance, or discharge is being considered when necessary to prevent needless and irreparable injury to that individual’s reputation and that individual requests a closed session. Bartelt seconded. Ayes: Louwagie, Bartelt, Davis, Nugent, Vinci. 

Exit closed session at 8:16pm.

 

Adjourn: Nugent moved to adjourn at 8:18pm. Seconded by Vinci. Motion carried.

 

 

Board President Board Secretary