NEWLY ORGANIZED ALGONA COMMUNITY SCHOOL DISTRICT
June 12, 2023
The Board of Directors of the newly organized Algona Community School District, in the County of Kossuth, State of Iowa, met in session in the Boardroom, Performing Arts Center, 600 S. Hale Street, Algona, Iowa at 8:18 p.m. on the above date.
Present: Rodney Davis, Todd Louwagie, Tom Nugent, Lany Mitchell, Andrea Vinci
Absent: Brent Owen, Jay Limbaugh
Others Present: Superintendent Joe Carter, Board Secretary Lisa Chapman, Radio Mike Vandy, Gloria Bartelt
All motions are unanimously approved unless noted.
Louwagie moved to approve the agenda as presented. Mitchell seconded the motion. Motion carried.
Consent Items: Vinci moved to approve the consent items and was seconded by Mitchell. Motion carried.
2023-2024 School Fees: Vinci moved to approve the 2023-2024 school fees, remaining unchanged. Nugent seconded. Motion carried.
Becky Hacker-Kluver Agreement: Vinci moved to approve the contract with Becky Hacker-Kluver for Leadership Coaching with payment from TLC Funds. Mitchell seconded. Motion carried.
Sharing Agreement-Special Education Director:. Louwagie moved to approve a sharing agreement with Manson-Northwest Webster for a Special Education Director. The agreement will be to share Jon Hueser at .4 time. Mitchell seconded the motion. Motion carried.
Specialty Underwriter Agreement: Louwagie moved to approve the 3 year renewal for Equipment Breakdown insurance at $66,696 each year. Nugent seconded. Motion carried.
Educational Assistance Program: Mitchell moved to approve the Educational Tuition Assistance Program. Louwagie seconded. Motion carried.
Year End Payment Authorization:. Vinci moved to approve the year end payment process to clear up year end expenses. Louwagie seconded. Motion carried.
Set Public Hearing for Fieldhouse Project:
The Board of Directors of the Algona Community School District, State of Iowa, met in regular session, in the Performing Arts Center Board Room in the Middle/High School, 600 South Hale Street, Algona, Iowa, at 7:00 P.M., on the above date. There were present President Davis, in the chair, and the following named Board Members: Mitchell, Louwagie, Nugent, Vinci.
Absent: Owen, Limbaugh
Vacant: None
The President of the Board of Directors of the Algona Community School District (the "School District") called up for consideration the Resolution Fixing the Date for a Public Hearing on the Proposed Issuance of Approximately $20,000,000 School Infrastructure Sales, Services and Use Tax Revenue and Refunding Bonds, which requires that a public hearing be held on this proposal.
Director Andrea Vinci introduced the following Resolution and moved its adoption. Director Lany Mitchell seconded the motion to adopt. The roll was called, and the vote was:
Ayes: Vinci, Mitchell, Nugent, Louwagie, Davis
Nays: None
Absent: Owen, Limbaugh
The President declared the Resolution adopted as follows:
RESOLUTION FIXING THE DATE FOR A PUBLIC HEARING ON THE PROPOSED ISSUANCE OF APPROXIMATELY $20,000,000 SCHOOL INFRASTRUCTURE SALES, SERVICES AND USE TAX REVENUE AND REFUNDING BONDS
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 13, 2022 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 projects: to construct, furnish, and equip a Fieldhouse addition to the Middle/High School building and related remodeling and site improvements; and to currently refund the outstanding School Infrastructure, Sales, Services, and Use Tax Revenue and Refunding Bonds, Series 2021 dated May 4, 2021, 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 and 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 $20,000,000 for the purpose of providing funds to construct, furnish, and equip a Fieldhouse addition to the Middle/High School building and related remodeling and site improvements; and to currently refund the outstanding School Infrastructure, Sales, Services, and Use Tax Revenue and Refunding Bonds, Series 2021 dated May 4, 2021, 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:
-
A public hearing will be held in the Performing Arts Center Board Room in the Middle/High School, 600 South Hale Street, Algona, Iowa, on July 10, 2023, at 7:00 P.M., on the proposal to issue approximately $20,000,000 School Infrastructure Sales, Services and Use Tax Revenue and 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 construct, furnish, and equip a Fieldhouse addition to the Middle/High School building and related remodeling and site improvements; and to currently refund the outstanding School Infrastructure, Sales, Services, and Use Tax Revenue and Refunding Bonds, Series 2021 dated May 4, 2021, 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 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 $20,000,000 SCHOOL INFRASTRUCTURE SALES, SERVICES AND USE TAX REVENUE BONDS
Notice is hereby given that the Board of Directors of the Algona Community School District, in the County of Kossuth, State of Iowa, will hold a public hearing upon its proposed issuance of approximately $20,000,000 School Infrastructure Sales, Services and Use Tax Revenue and 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 construct, furnish, and equip a Fieldhouse addition to the Middle/High School building and related remodeling and site improvements; and to currently refund the outstanding School Infrastructure, Sales, Services, and Use Tax Revenue and Refunding Bonds, Series 2021 dated May 4, 2021, 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 Performing Arts Center Board Room in the Middle/High School, 600 South Hale Street, Algona, Iowa, on July 10, 2023, at 7:00 P.M.
PASSED AND APPROVED this 12th day of June, 2023.
|
Rodney Davis
President of the Board of Directors |
|||
|
ATTEST: Lisa Chapman
Secretary of the Board of Directors
CERTIFICATE
|
District, in the County of Kossuth, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the corporate records of the School District showing proceedings of the Board, and the same is a true and complete copy of the action taken by the Board with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that the meeting and all action was duly and publicly held in accordance with a notice of meeting and a tentative agenda, a copy of which was timely served on each member of the Board and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Board pursuant to the local rules of the Board and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective offices as indicated therein, that no board vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the School District or the right of the individuals named therein as officers to their respective positions.
WITNESS my hand this 12th day of June, 2023.
|
Lisa Chapman
Secretary of the Board of Directors of the Algona Community School District |
Engagement Letter with Piper Sandler: Louwagie moved to approve the engagement letter with Piper Sandler to serve as the district placement agent or underwriter for the proposed issuance of bonds to be used in the Fieldhouse Project. Mitchell seconded the motion. Motion carried.
Engagement Letter with Ahlers & Cooney: Nugent moved to approve the engagement letter with Ahlers & Cooney to provide bond counsel for the issuance of bonds to be used in the Fieldhouse project. Vinci seconded the motion. Motion carried.
Open Enrollment: Mitchell moved to approve the three open enrollment applications. Seconded by Vinci. Motion carried.
Contracts: Louwagie moved to approve the following contracts pending completion of any and all certifications not already obtained and background clearing: Jill Orban-Elementary Music .80, John Byrkeland-Bus Driver, Jay Limbaugh-Volunteer Football Coach, Jordan Limbaugh-Volunteer Football Coach, Trevor Arnold-Assistant Football Coach and Megan Tuttle-MS Teacher Associate. Seconded by Mitchell. Motion carried.
Superintendent Contract: Louwagie moved to approve the Superintendent contract with an increase of 4% in wages, eligibility in the Education Tuition Assistance Program and a maximum of 5 unused vacation days to be paid out at per diem. The contract is for three (3) years with annual renewal. Seconded by Vinci. Motion carried.
Mitchell moved to adjourn at 8:38pm. Seconded by Louwagie. Motion carried.
____________________________________ ___________________________________
Board President Board Secretary
